6641 Baywood AveMesa, AZ 85206
- Healthcare properties
- 5,616 SF
Property Details for 6641 Baywood Ave
- Year built
- 1985
- Construction
- CONCRETE
- Lot size
- 0.03 AC
- Property size (Sq ft)
- 5,616 SF
- Zone code
- LC
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 141-57-074
- APU
- 14157074
Description
This 1,507 square foot Class B medical or professional office condo in Mesa, Arizona, is available for $410,000 ($272/sq ft). Located at 6641 E Baywood Ave, 85206, this vacant unit is perfect for owner-users or value-add investors. Built in 1985, the single-story building features one exam room or private office, one ADA-compliant restroom, an open area, and a storage closet. The property includes eight unreserved parking stalls (5 per 1,000 sq ft). Annual expenses include property taxes of $2,645, association dues of $2,950, and insurance of $1,875 (all figures reflect 2023 costs). The convenient location is within walking distance of Banner Baywood, offering excellent visibility and accessibility. This is a single-unit condominium in a one-building complex, with the APN number 141-57-074. The property presents a unique opportunity to acquire a well-situated medical or professional office space in a thriving area. The property is currently vacant and ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,780,339
- 6.5%
- $1,643,390
- 7%
- $1,526,005
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,266,857
- Geo Method
- $1,266,857
-
Alternative Use
- Use
- Valuation
- Residential
- $2,037,804
- Hospitality
- $1,866,617
- Educational
- $1,553,004
- Medical
- $1,606,414
- Retail
- $2,415,783
Location Insight
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.4102
- Longitude
- -111.689
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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