10450 Riggs RdSun Lakes, AZ 85248
For Sale
$625,000
View listing
- Office properties
- 3.32 AC
Property Details for 10450 Riggs Rd
- Lot size
- 3.32 AC
- Zone code
- C-1
- Property type
- Office properties
- APN
- 303-54-354
- APU
- 30354354
Description
This exceptional investment opportunity presents two contiguous Class A medical office suites totaling 8,017 square feet, ideally situated within the Sun Lakes master-planned community in Chandler, Arizona. Units 105 and 106, currently offered as gray shell spaces, present a unique chance for build-out to suit specific medical practice needs. Unit 105 encompasses 1,991 square feet, while Unit 106 offers 2,014 square feet, allowing for flexibility
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $22,511,002
- 6.5%
- $20,779,386
- 7%
- $19,295,144
-
Comparable approach
- Method
- Valuation
- Relative Method
- $22,300,264
- Geo Method
- $22,300,264
-
Alternative Use
- Use
- Valuation
- Residential
- $25,766,438
- Hospitality
- $23,601,920
- Educational
- $19,636,520
- Medical
- $20,311,850
- Retail
- $30,545,698
10450 Riggs Rd, Sun Lakes, Arizona
Location Insight
- City
- Sun Lakes
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.2195
- Longitude
- -111.857
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
-
$75
-
$500
-
$500
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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