1530 Glendale AvePhoenix, AZ 85021

Property Details for 1530 Glendale Ave

Year built

1985

Construction

CONCRETE

Lot size

0.91 AC

Property size (Sq ft)

9,901 SF

Zone code

R-5

Property type

Healthcare properties

Property subtype

Medical offices

APN

157-14-002B

APU

15714002B

Description

This exceptional single-story medical office building, located at 1530 W Glendale Ave in Phoenix, Arizona, offers 10,330 square feet of versatile space ideal for a variety of medical practices. Situated in Maricopa County, this property features a single building with multiple tenancies, providing flexibility for expanding or consolidating medical operations. The building's design is well-suited for medical use, offering ample space for examination rooms, waiting areas, administrative offices, and support services. The property's convenient location ensures easy access for patients and staff, with excellent visibility and ample parking. The single-story layout promotes accessibility and ease of navigation. This is a fantastic opportunity for medical professionals seeking a well-maintained, functional space in a thriving Phoenix location. The multiple tenancy structure allows for potential shared occupancy or individual leasing arrangements, catering to various business needs and sizes. The property's total square footage provides significant room for growth and expansion within the medical field. Interested parties are encouraged to inquire for further details and leasing options. This prime location and functional layout make this medical office space a highly desirable asset.

• CAP approach

  CAP return

  Valuation

  6%

  $1,616,732

  6.5%

  $1,492,368

  7%

  $1,385,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,526,239

  Geo Method

  $1,526,239

• Alternative Use

  Use

  Valuation

  Residential

  $1,850,537

  Hospitality

  $1,695,082

  Educational

  $1,410,288

  Medical

  $1,458,790

  Retail

  $2,193,782

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5391

Longitude

-112.093

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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