1480 Bethany Home RdPhoenix, AZ 85014

  • Office properties
  • 6,514 SF
For Lease
$22/SF/YR View listing

Property Details for 1480 Bethany Home Rd

Year built
1985
Construction
CONCRETE
Lot size
0.87 AC
Property size (Sq ft)
6,514 SF
Zone code
C-O
Property type
Office properties
Property subtype
Office buildings
APN
161-10-010A
APU
16110010A

Description

This exceptional Phoenix office space, located at 1480 E Bethany Home Rd, 85014, offers a prime opportunity for businesses seeking flexible and modern accommodations. The Bethany Sol Commerce Center, a well-maintained property built in 1986 and extensively renovated in 2020, provides a total of 29,458 square feet of office space. Currently, there are six available suites ranging from 900 to 1,299 contiguous square feet, totaling 6,515 square feet of vacant space. The building caters to various business needs, offering both traditional and executive office suites within a multi-tenant environment. Convenient covered parking is available for tenants. Situated in Maricopa County, this location provides easy access to major transportation routes and amenities. The property's recent renovation ensures modern features and a comfortable work environment. This is an ideal location for businesses seeking a well-established and updated office space in a thriving Phoenix neighborhood. The minimum leasable space is 900 square feet, offering flexibility for businesses of various sizes. The maximum contiguous space available is 1,299 square feet. This presents a unique opportunity to secure a well-located, updated office space in a desirable area of Phoenix.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,439,309
    6.5%
    $1,328,593
    7%
    $1,233,693
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,004,133
    Geo Method
    $1,004,133
  • Alternative Use

    Use
    Valuation
    Residential
    $1,647,455
    Hospitality
    $1,509,060
    Educational
    $1,255,520
    Medical
    $1,298,700
    Retail
    $1,953,031
1480 Bethany Home Rd, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.524
Longitude
-112.05
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$25,186
-
-
$407,996
-
$1,480,900
$991,800
$2,472,700

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