This 18,946 square foot Class B medical office condo at 575 W Chandler Blvd, Chandler, AZ 85225, is available for $595,000 ($31.41/sq ft). Currently vacant, the property boasts a bright, airy layout with abundant natural light, ideal for a variety of medical or professional uses. Previously configured as a physical therapy clinic, the space includes two large private offices, a spacious open bullpen area, a convenient break room with a copy center, and an ADA-compliant restroom. The building offers recently remodeled interiors and upgraded landscaping, enhancing its curb appeal. Two covered reserved parking spaces are included, adding to the property's convenience. Its location overlooks the San Marcos Golf Course, providing a desirable and prestigious setting for any business. The high-traffic location on Chandler Blvd (over 31,000 vehicles per day) and strong demographics make this an exceptional opportunity. The property is conveniently situated within walking distance of downtown Chandler's amenities, and offers easy access to Loops 101 and 202, and SR 87. Its proximity to Chandler Regional and Banner Health hospitals (5 minutes away) further enhances its appeal to medical professionals. The lot size is 1,823 square feet. This is a turnkey opportunity for a business seeking a well-appointed, highly visible location in a thriving area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,180,719
6.5%
$2,936,048
7%
$2,726,331
Comparable approach
Method
Valuation
Relative Method
$2,920,526
Geo Method
$2,920,526
Alternative Use
Use
Valuation
Residential
$3,640,700
Hospitality
$3,334,862
Educational
$2,774,566
Medical
$2,869,988
Retail
$4,315,992
Location Insight
City
Chandler
County
Maricopa
State
Arizona
Latitude
33.3052
Longitude
-111.85
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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