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$3,575,000

  • For Sale
  • Active
  • Commercial
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This infill value add strip center is positioned in a dense, high demand location and is comprised of in demand small shop suites well suited for local and national users. The center features an anchor tenant, Family Dollar, at a low and replaceable rental rate, creating flexibility and long term upside. Offered at an attractive basis with a low price per square foot, the property presents strong potential to increase value through lease up of existing vacancies. The site benefits from prime corner frontage with approximately 31,000 vehicles per day, strong transit access, and consistent traffic exposure. The surrounding trade area includes over 20,500 residents within one mile and is further supported by planned multifamily development nearby.

Full Property Details for 5233 S Central Ave

General

  • Price: $3,575,000
  • Taxes: $31,337 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6975059
  • Updated: 2/17/2026
  • Added to Site: 28 day(s) ago

Business

  • Business Type: Other, Retail

Rental Information

  • Complex Features: Security Gate

Interior

  • Flooring: Concrete

Parking

  • Parking Features: Parking Lot

Location

  • County: Maricopa
  • Subdivision: Roeser Plaza
  • Cross Streets: Central & Roeser

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: See Remarks

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Other (See Remarks), Commercial
  • Exterior Const.: Stucco
  • Roof: Tile
  • Year Built: 1986

Lot Features

  • Lot Size (Acres): 2.29
  • Lot Size (Sq. Ft.): 99,836
  • Frontage: Asphalt
  • Zoning: C-2

Financial Considerations

  • Tax Amount: $31,337
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 113-42-047-M
  • Lot Number: -

Listed by R.O.I. Properties

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— 5233 S Central Ave —

  • R.O.I. Properties

  • R.O.I. Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5233 S Central Ave

School Districts:Roosevelt Elementary District, Phoenix Union High School District
NameGradesDistance
John F Kennedy Elementary School
6825 South 10th Street, Phoenix, AZ 85042
PK-31.3 mi
C O Greenfield School
7009 South 10th Street, Phoenix, AZ 85042
4-81.4 mi
South Mountain High School
5401 S 7th St, Phoenix, AZ 85040
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5233 S Central Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$3,575,000
-5.8%
MLS
1/27/2026
Listed
$3,795,000
—
MLS
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 5233 S Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,337
—
$383,110
4%
2024
$31,483
—
$368,835
-6%
2023
$31,514
-29%
$392,963
28%
2022
$44,149
—
$308,142
—
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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NMLS#: 1598647

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Listed by R.O.I. Properties

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5233 S Central Avenue, Phoenix, AZ 85040 (MLS# 6975059) is a Commercial property. 5233 S Central Avenue is currently listed for $3,575,000 and was received on January 27, 2026. Want to learn more about 5233 S Central Avenue? Do you have questions about finding other Commercial real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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