10810 71St PlScottsdale, AZ 85254

  • Retail properties
  • 2,580 SF
For Sale
$990,000 View listing

Property Details for 10810 71St Pl

Year built
1979
Construction
CONCRETE
Lot size
0.05 AC
Property size (Sq ft)
2,580 SF
Zone code
C-3
Property type
Retail properties
Property subtype
Retail space
APN
175-42-027
APU
17542027

Description

This exceptional commercial property, located at 10810 N 71st Pl in Scottsdale, Arizona, 85254, presents a unique investment opportunity. Priced at $990,000, this mixed-use building offers 2580 square feet of space currently configured as two separate suites, easily convertible into one large suite. The building boasts a flexible C-3 zoning designation, allowing for a wide range of commercial uses. Currently a basic gray shell, the property offers significant build-out potential, making it ideal for retail or service businesses. Situated in the highly desirable Sundown Plaza, this location benefits from high visibility and proximity to a hardware store, numerous shopping options, restaurants, and specialty stores. Ample free customer parking is available in the rear, with additional street parking nearby. The property's convenient location is less than two miles from the 101 loop, ensuring excellent accessibility. This is a rare opportunity to acquire a versatile commercial space in a thriving Scottsdale neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,202,300
    6.5%
    $1,109,815
    7%
    $1,030,542
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,466,631
    Geo Method
    $1,466,631
  • Alternative Use

    Use
    Valuation
    Residential
    $936,170
    Hospitality
    $857,527
    Educational
    $713,452
    Medical
    $737,989
    Retail
    $1,109,815
10810 71St Pl, Scottsdale, Arizona

Location Insight

City
Scottsdale
County
Maricopa
State
Arizona
Latitude
33.5847
Longitude
-111.928
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
$2,670
-
-
$96,888
-
$131,400
$455,800
$587,200

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