10810 71St PlScottsdale, AZ 85254

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 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.

• 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

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

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