12426 N 28th Drive, Phoenix, AZ 85029

New Listing
$3,756,860
Property Type: Comm/Industry Sale Square Footage: 17,428 Lot Size (sq. ft.): 1 Status: Active
Current Price: $3,756,860 List Date: 6/12/2026 Last Modified: 6/12/2026

Overview

Listing Details MLS# 7041306

Location, Tax & Legal

House Number
12426
Compass
N
Street Name
28th
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85029
Country
US
County Code
Maricopa
Subdivision
Westown 2
Assessor Number
149-21-031
Tax Year
2025
Assessor's Map #
21
Assessor's Parcel #
31
Add'l Parcels
Yes
Tax Municipality
Phoenix
Taxes
24820.06
Legal
Southeast quarter of section 14, township 3 north, range 2 east of the Gila and Salt River base and Meridian.

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
17428
# of Buildings
Yes
Year Built
1979
Uncvrd Parking Spcs
60
Zoning
C1

Remarks Misc

Cross Street
Larkspur Dr & 28th dr
Directions
Prime Location in Phoenix, AZ. This vibrant retail center offers high visibility, steady foot traffic, and immense growth potential in a thriving area. Strategic Location: Situated in a bustling Phoenix neighborhood with strong commercial and residential activity. Versatile Spaces: Flexible layouts suitable for retail, dining, or service-oriented businesses.

Legal Info

Township
3N
Range
2E
Section
14
Lot Number
Yes

Income Expenses

Gross Annual Sch Inc
257178.72
Net Operating Income
197786.56

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Currently Not Used

Sold Price Per SqFt
215.56

Construction

Block
Yes
Wood Frame
Yes

Roofing

Tile
Yes

Floors

Ceramic Tile
Yes

Income & Expenses

Annual Elec Exp
15447.5
Annual Ins Exp
7172
Annual Landscape Exp
2400
Annual Trash Exp
7991.4
Owner Association
No
Annual Ownr Asoc Fee
0
Annual Other Expense
1746.36
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
257178.72

Building Type

Commercial
Yes

Business Type

Retail
Yes

Pmt & Rate Info

Cap Rate
5.26
Equity
3756860
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Heat Pump
Yes

Cooling

Heat Pump
Yes

Interior Features

Unfinished
Yes

Loading Facilities

None
Yes

Source of Fincl Data

Accountant
Yes

Fencing

Block
Yes

Water Source

Individual Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Private
Yes

Electric

APS
Yes

Gas

None
Yes

New Financing

Cash to Loan
Yes
Owner May Carry
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial Business Type: Retail Construction: Block; Wood Frame Roofing: Tile Floors: Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet Heating: Heat Pump Cooling: Heat Pump Loading Facilities: None Interior Features: Unfinished Fencing: Block Parking Features: Private Electric: APS Gas: None Water Source: Individual Meter Sewer: Sewer - Public New Financing: Cash to Loan; Owner May Carry; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Accountant Environmental: None
IDX
Listing Office: Bellagio Real Estate
Last Updated: June - 12 - 2026
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