321 Camelback RdPhoenix, AZ 85012

Property Details for 321 Camelback Rd

Year built

1952

Construction

CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

3,600 SF

Zone code

C-C

Property type

Retail space

APN

155-22-033

APU

15522033

Description

This exceptional 1,200 square foot retail space is available for lease in a prime Phoenix location at 321 E Camelback Rd, 85012. Situated in a Class D building constructed in 1948, this single-tenant space offers a blank canvas for your business. The property boasts a total building size of 4,009 square feet, situated on a 6,654 square foot lot. The building is single-story and features two reserved parking spaces for tenant use. Utilities are serviced by APS. There are no elevators in the building. The property is zoned C2 and its APN is 155-22-032. This location offers unparalleled convenience, with easy freeway access and proximity to Uptown Plaza and the light rail. The cross streets are Camelback Rd/3rd Street. This is an excellent opportunity to establish your business in a vibrant and accessible area of Phoenix. The space is ready for immediate occupancy and presents a unique chance to create a thriving retail presence. Don't miss this chance to secure a space in this highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,169,300

  6.5%

  $1,079,354

  7%

  $1,002,257

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,398,449

  Geo Method

  $1,398,449

• Alternative Use

  Use

  Valuation

  Residential

  $910,476

  Hospitality

  $833,991

  Educational

  $693,871

  Medical

  $717,734

  Retail

  $1,079,354

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.509

Longitude

-112.068

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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