730 52Nd StPhoenix, AZ 85008

Property Details for 730 52Nd St

Lot size

1.16 AC

Zone code

C-O/G-O

Property type

Office properties

APN

125-06-076

APU

12506076

Description

This exceptional 1,257 square foot executive office suite, located at 730 N 52nd St, Ste 104, Phoenix, AZ 85008, presents a compelling investment opportunity. Built in 2003, this modern space boasts a contemporary design and is part of a larger 20,300 square foot multi-tenant building situated on a 1.51-acre lot. The suite features a well-appointed layout including a lobby/reception area, a dedicated conference room, a library/office, two private offices, IT/storage space, a breakroom, and a private restroom. Ample parking is available with 18 spaces provided. The property is zoned C-O, Phoenix, offering versatility for a range of professional uses. Its strategic location in Phoenix, Maricopa County, provides excellent access to a thriving business community and abundant networking opportunities. The asking price is $565,650, representing a compelling price per square foot of $450. This two-story building offers a sophisticated and functional workspace, ideal for discerning businesses seeking a prestigious address in a dynamic market. The property's modern amenities and convenient location make it an attractive investment for both established and emerging businesses. Don't miss this chance to acquire a high-quality executive office suite in a prime Phoenix location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,851,292

  6.5%

  $7,247,347

  7%

  $6,729,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,777,792

  Geo Method

  $7,777,792

• Alternative Use

  Use

  Valuation

  Residential

  $8,986,710

  Hospitality

  $8,231,778

  Educational

  $6,848,743

  Medical

  $7,084,282

  Retail

  $10,653,600

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4559

Longitude

-111.97

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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