302 Bell RdPhoenix, AZ 85022

Property Details for 302 Bell Rd

Year built

1991

Construction

STEEL FRAME

Lot size

0.53 AC

Property size (Sq ft)

7,180 SF

Zone code

C-C

Property type

Retail properties

Property subtype

Retail space

APN

208-11-003Q

APU

20811003Q

Description

This exceptional retail opportunity is located at 302 East Bell Road in Phoenix, Arizona, within Maricopa County. The property is a 4,035 square foot shopping center currently offering a single, entirely vacant space for lease. The entire building is available for immediate occupancy, presenting a unique chance for a single tenant to establish a significant presence in a high-traffic area. The address, 302 East Bell Road, places the property at a strategic intersection near 3rd Street, ensuring high visibility and accessibility for customers. The property type is classified as retail, making it ideal for a variety of businesses. The building's size provides ample space for a large-scale operation or the potential for subdivision into smaller units (subject to approval). This location in Phoenix, Arizona, 85022, offers excellent access to major transportation routes and a strong customer base. The property's entire 4,035 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. This presents a rare opportunity to secure a substantial retail presence in a desirable Phoenix location. Interested parties are encouraged to inquire further to explore the possibilities of this prime retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,723,458

  6.5%

  $1,590,885

  7%

  $1,477,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,789,128

  Geo Method

  $2,789,128

• Alternative Use

  Use

  Valuation

  Residential

  $1,341,971

  Hospitality

  $1,229,238

  Educational

  $1,022,712

  Medical

  $1,057,884

  Retail

  $1,590,885

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.6407

Longitude

-112.069

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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