2411 Northern AvePhoenix, AZ 85021

Property Details for 2411 Northern Ave

Year built

1983

Construction

STEEL FRAME

Lot size

0.98 AC

Property size (Sq ft)

15,434 SF

Zone code

C-2

Property type

Office properties

Property subtype

Office buildings

APN

157-28-005C

APU

15728005C

Description

This exceptional Phoenix executive office space, located at 2411 W Northern Ave, offers four available suites within a Class B, multi-tenant building totaling 15,434 square feet. Built in 1983, the property boasts a desirable location in Maricopa County, Arizona, just east of Interstate 17 along Northern Avenue. The building features excellent visibility with nearly 35,000 vehicles passing daily. Individual suites range from a minimum of 1,019 square feet to a maximum contiguous space of 1,409 square feet, providing flexibility for various business needs. Currently, 4,643 square feet of space is vacant. The property's strategic location provides easy access to a variety of retail and business amenities, making it an ideal location for businesses seeking a convenient and highly visible presence in the Phoenix market. The zip code is 85021. This is a fantastic opportunity to secure office space in a well-established and thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,520,215

  6.5%

  $2,326,352

  7%

  $2,160,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,379,151

  Geo Method

  $2,379,151

• Alternative Use

  Use

  Valuation

  Residential

  $2,884,676

  Hospitality

  $2,642,348

  Educational

  $2,198,403

  Medical

  $2,274,009

  Retail

  $3,419,738

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5528

Longitude

-112.111

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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