34406 27Th DrPhoenix, AZ 85085

Property Details for 34406 27Th Dr

Lot size

5.67 AC

Zone code

C-2

Property type

Office properties

APN

204-02-066

APU

20402066

Description

This exceptional 1,258-square-foot medical office space is available for lease in the desirable Sonoran Canyon area of Phoenix, Arizona. Built in 2007, the single-tenant property boasts a modern design and is ideally suited for a variety of medical practices. The building's total square footage is 1,258 square feet, with the entire space currently vacant and ready for immediate occupancy. The property is conveniently located at 34406 N 27th Dr, Phoenix, AZ 85085, within Maricopa County. Ample parking is available, with a ratio of 5 spaces per 1,000 square feet. The property is zoned C-2 by the City of Phoenix, allowing for a range of medical uses. This presents a unique opportunity for a medical professional or group seeking a well-maintained, conveniently located, and readily available space to establish or expand their practice. The property's single-tenant occupancy ensures privacy and control over the space. Interested parties are encouraged to inquire further to explore this promising opportunity. The property's location in Phoenix offers excellent access to major transportation routes and a thriving patient base. This is a turnkey solution for a medical practice seeking a move-in ready space.

• CAP approach

  CAP return

  Valuation

  6%

  $46,688,952

  6.5%

  $43,097,492

  7%

  $40,019,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $38,072,428

  Geo Method

  $38,072,428

• Alternative Use

  Use

  Valuation

  Residential

  $53,440,892

  Hospitality

  $48,951,568

  Educational

  $40,727,132

  Medical

  $42,127,800

  Retail

  $63,353,312

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.7962

Longitude

-112.119

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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