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$950,000

  • For Sale
  • Active
  • Commercial
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Prime Investment with Rare C-3 Zoning. Excellent opportunity to acquire a high-visibility commercial property generating strong income with a 6% cap rate. The 1,814 SF building is leased to an established auto repair tenant at $5,500/month, providing stable cash flow. Property has been recently remodeled and features a new roof, minimizing near-term capital expenses. Includes three exterior service bays with two lifts and ample parking. Located in a busy corridor with highly desirable and hard-to-find C-3 zoning, allowing for a wide range of commercial uses and long-term flexibility for investors or future redevelopment.

Full Property Details for 507 E Broadway Rd

General

  • Price: $950,000
  • Taxes: $8,621 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6996798
  • Updated: 3/11/2026
  • Added to Site: 9 day(s) ago

Business

  • Business Type: Automobile

Interior

  • Flooring: Concrete

Additional Information

  • Security/Safety: Smoke Detector(s)

Parking

  • Parking Features: Fenced

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: LOCH PLACE ANNEX
  • Cross Streets: Broadway, 7th Street

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Office A/C
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial
  • Exterior Const.: Wood Frame, Block
  • Roof: Composition
  • Year Built: 2000

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,650
  • Zoning: C-3

Financial Considerations

  • Tax Amount: $8,621
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOCH PLACE ANNEX E2 LOT 81 EX N 7' & ALSO E2 LOT 82
  • Property ID: 113-37-083-A
  • Range: 3E
  • Section: 29
  • Lot Number: 81

Listed by Compass

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Listing agent

— 507 E Broadway Rd —

  • Compass

480-980-2244

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 507 E Broadway Rd

School Districts:Roosevelt Elementary District, Phoenix Union High School District
NameGradesDistance
Irene Lopez School
4610 South 12th Street, Phoenix, AZ 85040
K-80.6 mi
South Mountain High School
5401 S 7th St, Phoenix, AZ 85040
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 507 E Broadway Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/11/2026
Listed
$950,000
245.45%
MLS
6/29/2017
Sold
$275,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 507 E Broadway Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,621
—
$73,207
4%
2024
$8,661
—
$70,495
-5%
2023
$8,670
-1%
$74,509
21%
2022
$8,746
—
$61,353
10%
2022
$8,746
-8%
$55,566
—
2021
$9,480
1%
$55,350
6%
2020
$9,363
3%
$52,056
-12%
2019
$9,098
3%
$59,490
-6%
2018
$8,853
5%
$63,252
4%
2017
$8,438
5%
$61,056
10%
2016
$8,025
3%
$55,620
21%
2015
$7,764
5%
$46,084
12%
2014
$7,369
13%
$41,173
3%
2013
$6,497
—
$40,066
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass

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507 E Broadway Road, Phoenix, AZ 85040 (MLS# 6996798) is a Commercial property. 507 E Broadway Road is currently listed for $950,000 and was received on March 11, 2026. Want to learn more about 507 E Broadway Road? Do you have questions about finding other Commercial real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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