2907 Fairmount AvePhoenix, AZ 85017

For Lease
  • Office buildings
  • 3,334 SF

Property Details for 2907 Fairmount Ave

Year built
1971
Construction
CONCRETE
Lot size
0.46 AC
Property size (Sq ft)
3,334 SF
Zone code
A-1
Property type
Office buildings
APN
108-01-077
APU
10801077

Description

This exceptional 3,300-square-foot flex space in Phoenix, Arizona, presents a unique opportunity for businesses seeking a versatile and well-equipped property. Situated on a 0.46-acre lot, this single-story building boasts a blend of office and warehouse space, perfectly suited for a variety of uses. The property features 100% HVAC with natural gas heating, ensuring year-round comfort. Power is robust, with 400 amps, 120/208V, and 3-phase service. Safety is prioritized with a fire sprinkler system. Exterior features include a fenced storage yard with a separate storage building, an electric gate, and a security system, providing peace of mind. Covered parking is available for employees and clients. The interior is well-appointed with a reception area, six private offices, a conference room, and four restrooms. The A-1 zoning designation within Maricopa County offers flexibility for various business types. This property is located at 2907 W Fairmount Ave, Phoenix, AZ 85017. The building was constructed in 1971. Availability is anticipated for January 2025. This is a single-tenant property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $736,668
    6.5%
    $680,001
    7%
    $631,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $513,936
    Geo Method
    $513,936
  • Alternative Use

    Use
    Valuation
    Residential
    $843,202
    Hospitality
    $772,368
    Educational
    $642,601
    Medical
    $664,701
    Retail
    $999,602
2907 Fairmount Ave, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4931
Longitude
-112.122
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
$5,803
-
-
$84,761
-
$170,500
$343,200
$513,700

FAQs

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