7400 Adobe DrScottsdale, AZ 85255

  • Warehouses
  • 2,106 SF
For Sale
$3,300,000 View listing

Property Details for 7400 Adobe Dr

Year built
1995
Construction
STEEL FRAME
Lot size
3.81 AC
Property size (Sq ft)
2,106 SF
Zone code
C-4
Property type
Warehouses
Property subtype
Self storage facilities
APN
212-03-810
APU
21203810

Description

This exceptional Class A industrial property, located at 7400 E Adobe Dr, Scottsdale, AZ 85255, presents a unique investment opportunity. The 6,000-square-foot flex/warehouse space, built in 2018, sits on a 0.11-acre lot in Maricopa County. The building, featuring two stories and a remarkable 25-foot ceiling height, is currently vacant and ready for immediate occupancy. Designed as a high-end storage facility, it's ideally suited for storing cars, boats, or other large items. Modern amenities include a gated community, security cameras and lighting, central air conditioning, and sealed concrete flooring. Its prime North Scottsdale location offers easy access to the 101 freeway and Scottsdale Airpark, placing it near the desirable Grayhawk and Desert Ridge neighborhoods. The low vacancy rate of 2.6% in the Scottsdale/Salt River submarket underscores the strong demand for this type of property. The asking price is $3,300,000, translating to $550 per square foot. This represents a compelling investment in a thriving Arizona market. This single-unit building offers a rare opportunity to acquire a modern, well-appointed industrial space in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $706,733
    Hospitality
    $647,363
    Educational
    $538,599
    Medical
    $557,122
    Retail
    $837,820

Location Insight

City
Scottsdale
County
Maricopa
State
Arizona
Latitude
33.6889
Longitude
-111.921
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
-
-
-
$436,575
-
$2,910,500
-
$2,910,500

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