1830 95Th AvePhoenix, AZ 85037

Property Details for 1830 95Th Ave

Year built

2006

Construction

CONCRETE

Lot size

9.92 AC

Property size (Sq ft)

25,188 SF

Zone code

C-2

Property type

Office buildings

APN

102-34-987

APU

10234987

Description

West 101 Business Center offers a prime opportunity for businesses seeking executive office space in Phoenix, Arizona. This Class B building, constructed in 2006, boasts a total of 118,853 square feet and currently has 4,890 square feet immediately available for lease. The property sits on a 9.92-acre lot and is conveniently located at 1830, 1840, and 1850 N 95th Ave, Phoenix, AZ 85037, with convenient access to AZ State Route 101 and McDowell Road. The zoning is C2, allowing for a variety of commercial uses. The building features ample parking with a 4 spaces per 1,000 square feet ratio. Its strategic location offers excellent accessibility, being within a half-mile of Interstate 10, providing easy commutes for employees and clients. Enjoy the convenience of nearby amenities such as Gateway Pavilions and Banner Estrella Medical Center. Furthermore, the Westgate Entertainment District, home to State Farm Stadium and Gila River Arena, is only approximately five miles away. This property presents a unique chance to establish a presence in a thriving area with strong infrastructure and convenient access to major transportation routes and entertainment venues. The building is suitable for multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $6,034,514

  6.5%

  $5,570,320

  7%

  $5,172,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,882,730

  Geo Method

  $3,882,730

• Alternative Use

  Use

  Valuation

  Residential

  $6,907,197

  Hospitality

  $6,326,956

  Educational

  $5,263,952

  Medical

  $5,444,988

  Retail

  $8,188,370

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4672

Longitude

-112.265

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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