2415 Camelback RdPhoenix, AZ 85016

Property Details for 2415 Camelback Rd

Year built

1997

Construction

CONCRETE

Lot size

1.08 AC

Property size (Sq ft)

216,116 SF

Zone code

C-2

Property type

Office properties

Property subtype

Office buildings

APN

163-17-089M

APU

16317089M

Description

This Class A, 22,742 square foot office building in Maricopa County offers a variety of flexible workspace solutions. Recently renovated in 2019, the building boasts 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The property features a stunning glass facade, offering abundant natural light and breathtaking views of Camelback Mountain and the Downtown Phoenix skyline. Options include private, fully furnished offices, customizable to individual needs, ranging from single-person spaces to those accommodating entire companies. Also available are coworking spaces designed for collaboration, equipped meeting rooms with advanced technology, and virtual office options with mail forwarding and call answering services. A comprehensive benefits program provides exclusive discounts and procurement support. The building includes elevators for convenient access to all floors. This prime location offers easy access to Downtown Phoenix's vibrant restaurant scene. Ideal for businesses seeking modern, flexible, and inspiring work environments.

• CAP approach

  CAP return

  Valuation

  6%

  $59,503,780

  6.5%

  $54,926,568

  7%

  $51,003,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $33,314,282

  Geo Method

  $33,314,282

• Alternative Use

  Use

  Valuation

  Residential

  $68,108,944

  Hospitality

  $62,387,424

  Educational

  $51,905,604

  Medical

  $53,690,720

  Retail

  $80,742,056

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5081

Longitude

-112.029

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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