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Doreen Chen Reiske

4124 W INDIAN SCHOOL Road, Phoenix, AZ 85019

$1,500,000
Property Type: Comm/Industry Sale Square Footage: 5,536 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $1,500,000 List Date: 1/20/2026 Last Modified: 4/07/2026

Overview

Description

Fantastic oportunity to build on a C-3 lot with frontage on Indian School Rd. Value is in the land. Currently rented to automobile repairs to three tenants. Sold ''as is'', seller will not make any repairs.

Listing Details MLS# 6971367

Location, Tax & Legal

House Number
4124
Compass
W
Street Name
INDIAN SCHOOL
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85019
Zip4
3317
Country
US
County Code
Maricopa
Assessor Number
107-14-002
Tax Year
2025
Assessor's Map #
14
Legal Description (Abbrev)
E 105' OF S 225' OF W 175' OF S2 SE4 SW4 EX S 42' RD .44 AC
Assessor's Parcel #
2
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
109200
Taxes
7256
Legal
E 105' OF S 225' OF W 175' OF S2 SE4 SW4 EX S 42' RD .44 AC
Marketing Name
C-3

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
C-3 Commercia & Gen Commercial
Ttl Apx SqFt Bldg
5536
# of Buildings
Yes
Stories
Yes
# of Interior Levels
Yes
Year Built
1974
Uncvrd Parking Spcs
10
Zoning
C-3

Remarks Misc

Cross Street
43rd Ave and Indian School Rd
Directions
East of 43rd Ave to property on north side of street.

Legal Info

Township
2N
Range
2E
Section
22
Lot Number
Metes and Bounds

Bay Info

# of Bays
3

More Information

Income Expenses

Gross Annual Sch Inc
102000
Net Operating Income
102000

Showing Notification Methods

Showing Service
Aligned Showings

Currently Not Used

Sold Price Per SqFt
270.95

Construction

Block
Yes

Roofing

Metal
Yes

Floors

Concrete
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
7256
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
96900

Building Type

Commercial
Yes

Business Type

Automobile
Yes

Pmt & Rate Info

Cap Rate
6.8
Down Payment
300000
Equity
1500000
1st Encumbrance
0
2nd Payment
0
3rd Encumbrance
0
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

12.1 Feet to 14 Feet
Yes

Heating

Electric
Yes

Cooling

Office Evap
Yes

Interior Features

Private Restrooms
Yes

Loading Facilities

None
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Paved
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

75,001 to 100,000
Yes

Fencing

Block
Yes
Chain Link
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes

Sewer

Sewer - Public
Yes

Parking Features

Fenced
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Owner May Carry
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial Business Type: Automobile Construction: Block Roofing: Metal Floors: Concrete Ceiling Height: 12.1 Feet to 14 Feet Cooling: Office Evap Loading Facilities: None Interior Features: Private Restrooms Fencing: Block; Chain Link Parking Features: Fenced Road Access Type: Dedicated Street Road Responsibility: City Maintained Road Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Owner May Carry Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Paved Traffic Count: 75,001 to 100,000 Environmental: None
IDX
Listing Office: Fathom Realty Elite
Last Updated: April - 07 - 2026
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