4625 Cotton Center BlvdPhoenix, AZ 85040

  • Office buildings
  • 72,872 SF

Property Details for 4625 Cotton Center Blvd

Year built
2000
Construction
CONCRETE
Lot size
10.52 AC
Property size (Sq ft)
72,872 SF
Zone code
CP/BP
Property type
Office buildings
APN
123-06-039B
APU
12306039B

Description

This exceptional 2,109 square foot flex space is ideally located within the Cotton Commerce Center at 4625 E Cotton Center Blvd, Phoenix, Arizona, 85040. The property is classified as both office and industrial, offering versatile options for a variety of businesses. Currently, one unit is available for lease within a multi-tenant building. The space's flexible design caters to diverse operational needs, making it suitable for companies requiring a blend of office and warehouse or light industrial functionality. Its prime location in Phoenix provides easy access to major transportation routes, ensuring seamless logistics and convenient commutes for employees and clients. The building's address is conveniently situated in the 85040 zip code. This presents a unique opportunity to secure a well-positioned, adaptable workspace in a thriving Arizona market. The property's latitude and longitude coordinates are 33.4008045 and -111.9818816 respectively. Interested parties are encouraged to inquire further to explore the possibilities this versatile space offers. The property is categorized as a flex space, offering a blend of office and industrial uses. This single available unit provides a significant opportunity for businesses seeking a functional and strategically located space in the heart of Phoenix.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,851,300
    6.5%
    $11,862,700
    7%
    $11,015,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,233,200
    Geo Method
    $11,233,200
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $24,987,000
    Retail / Commercial
    $12,493,700
    Mixed-Use / Specialty
    $12,197,400
    Hospitality / Lodging
    $8,621,080
    Institutional / Educational
    $12,590,400
    Residential Income
    $14,730,800
    Multifamily
    $19,063,000
    Automotive / Energy
    $10,791,800
    Parking / Income-Based Land
    $3,972,850
    Restaurant / Food Service
    $5,806,670
    Healthcare / Senior Housing
    $12,766,400

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4008
Longitude
-111.981
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
$265,285
-
-
$3,994,977
-
$4,889,500
$19,322,483
$24,211,983

FAQs

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Please email our support team at [email protected] and they will add the team member.
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