1480 Bethany Home RdPhoenix, AZ 85014

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 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.

• 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

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

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