338 Camelback RdPhoenix, AZ 85012

For Lease
$4,500/SF/YR View listing
  • Retail space
  • 1,474 SF

Property Details for 338 Camelback Rd

Year built
1964
Construction
CONCRETE
Lot size
0.19 AC
Property size (Sq ft)
1,474 SF
Zone code
C-C
Property type
Retail space
APN
162-19-153
APU
16219153

Description

This exceptional 2,094-square-foot retail space is available for lease at 338 E Camelback Rd in Phoenix, Arizona. Located in Maricopa County, this single-tenant property presents a fantastic opportunity for businesses seeking a prominent location. The building's entire 2,094 square feet is currently vacant, offering immediate occupancy for a new tenant. The property is zoned C-2, allowing for a variety of commercial uses, subject to city approvals. Its address, 338 E Camelback Rd, places it within a dynamic and accessible area of Phoenix, benefiting from high visibility and convenient access for customers. The property's size makes it ideal for a range of retail concepts, from boutiques and specialty stores to service-oriented businesses. This is a rare opportunity to secure a well-located, sizable retail space in a thriving Phoenix market. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties should inquire promptly to secure this prime retail location. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Phoenix market. Further details regarding lease terms and conditions are available upon request. The property is situated in the 85012 zip code.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $478,764
    6.5%
    $441,936
    7%
    $410,369
  • Comparable approach

    Method
    Valuation
    Relative Method
    $572,587
    Geo Method
    $572,587
  • Alternative Use

    Use
    Valuation
    Residential
    $372,789
    Hospitality
    $341,473
    Educational
    $284,101
    Medical
    $293,872
    Retail
    $441,936
338 Camelback Rd, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.5095
Longitude
-112.068
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
2023
$5,068
-
-
$85,693
-
$424,600
$94,750
$519,350

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