1635 Greenfield RdMesa, AZ 85202

Property Details for 1635 Greenfield Rd

Lot size

5.25 AC

Zone code

LI

Property type

Office properties

Property subtype

Other office properties

APN

141-34-460

APU

14134460

Description

This exceptional property, located at 1635 N Greenfield Rd in Mesa, Arizona (zip code 85202), offers a unique blend of executive office and warehouse space. Built in 2004, this freestanding building in the Mesa East submarket of Maricopa County boasts a total of 9,170 square feet. Currently, there are 5,052 square feet of vacant space available for lease, divisible into units as small as 1,000 square feet and with a maximum contiguous space of 4,052 square feet. The property is categorized as both office and industrial, offering flexibility for a variety of business needs. The building's recent renovations ensure a modern and efficient workspace. The multiple tenancy structure allows for diverse occupancy options. This prime location in Mesa East provides easy access to major transportation routes and amenities, making it an ideal choice for businesses seeking a functional and well-appointed space. The property is situated in a thriving commercial area, offering excellent visibility and accessibility. Interested parties are encouraged to inquire about lease terms and availability for this versatile and newly renovated property.

• CAP approach

  CAP return

  Valuation

  6%

  $72,491,128

  6.5%

  $66,914,884

  7%

  $62,135,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $51,583,380

  Geo Method

  $51,583,380

• Alternative Use

  Use

  Valuation

  Residential

  $82,974,456

  Hospitality

  $76,004,160

  Educational

  $63,234,564

  Medical

  $65,409,300

  Retail

  $98,364,880

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4455

Longitude

-111.735

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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