4501 Indian School RdPhoenix, AZ 85031

Property Details for 4501 Indian School Rd

Year built

1962

Construction

CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

1,955 SF

Zone code

C-1

Property type

Healthcare properties

Property subtype

Medical offices

APN

107-23-001

APU

10723001

Description

This exceptional Phoenix commercial property presents a unique owner-user opportunity. Priced at $829,900, this 1,955 square foot Class B medical office building boasts a 100% occupancy rate, generating a current NOI of $75,000 and a pro-forma NOI of $144,000, representing a 9.04% cap rate and a pro-forma cap rate of 17.35%. Situated on a desirable 5,794 square foot corner lot at 4501 W Indian School Rd, Phoenix, AZ 85031 (APN 107-23-001), this single-story, 1962-built building features ample parking (10 spaces) and is zoned C-1. The interior offers a well-appointed reception area, private offices, and private restrooms, with high ceilings and tile flooring. Its prime location in a high-traffic area provides excellent visibility and accessibility to major roads, public transportation, and amenities. The established dental practice adds immediate income potential, making this a compelling investment for both business owners and investors seeking a strong return. The seller may offer owner financing. Don't miss this chance to acquire a thriving business and valuable real estate in a vibrant Phoenix neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $468,377

  6.5%

  $432,348

  7%

  $401,466

• Comparable approach

  Method

  Valuation

  Relative Method

  $301,363

  Geo Method

  $301,363

• Alternative Use

  Use

  Valuation

  Residential

  $536,111

  Hospitality

  $491,075

  Educational

  $408,569

  Medical

  $422,620

  Retail

  $635,551

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4947

Longitude

-112.156

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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