9700 91St StScottsdale, AZ 85258

  • Office properties
  • 15,212 SF
For Lease
$31.50/SF/YR View listing

Property Details for 9700 91St St

Year built
1985
Construction
CONCRETE
Lot size
5.25 AC
Property size (Sq ft)
15,212 SF
Zone code
C-O
Property type
Office properties
Property subtype
Office buildings
APN
217-36-343G
APU
21736343G

Description

This exceptional Scottsdale medical office complex, located at 9700 N 91st St, offers multiple leasing opportunities. The three-building, Class B property totals 75,252 square feet and features spaces ranging from 2,331 to 8,161 contiguous square feet, with a total of 15,681 square feet currently vacant. Built in 1985 and renovated in 1990, the property includes elevators in each building and a landscaped courtyard. Ample parking is provided at a ratio of 4.6 spaces per 1,000 square feet. The property is zoned C-O and situated in the desirable Scottsdale submarket of Maricopa County, Arizona, directly across from HonorHealth Scottsdale Shea Medical Campus. Its convenient location offers easy access to Loop 101 and is surrounded by various dining and retail establishments. The property boasts a two-story configuration and benefits from a high average household income in the surrounding area of $135,408. This presents a unique opportunity for medical professionals seeking a well-maintained, strategically located space within a thriving community. The property's size and layout offer flexibility for various medical practices, with options for expansion up to 8,161 square feet. This prime location in the "Cure Corridor" ensures high visibility and accessibility for patients and staff alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,822,386
    6.5%
    $4,451,433
    7%
    $4,133,474
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,431,523
    Geo Method
    $3,431,523
  • Alternative Use

    Use
    Valuation
    Residential
    $5,519,777
    Hospitality
    $5,056,086
    Educational
    $4,206,604
    Medical
    $4,351,276
    Retail
    $6,543,607
9700 91St St, Scottsdale, Arizona

Location Insight

City
Scottsdale
County
Maricopa
State
Arizona
Latitude
33.5736
Longitude
-111.884
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
$129,428
-
-
$2,332,304
-
$7,036,000
$7,099,179
$14,135,179

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