8765 Bell RdScottsdale, AZ 85260

Property Details for 8765 Bell Rd

Lot size

9.40 AC

Zone code

C-2

Property type

Office properties

Property subtype

Other office properties

APN

215-50-345

APU

21550345

Description

This exceptional 2,887-square-foot office suite, located at 8765 E Bell Rd in Scottsdale, AZ 85260, presents a fantastic opportunity for businesses seeking a versatile and well-appointed workspace. Situated on the first floor, this combined unit (comprising approximately 1,925 SF in Suite 102 and 962 SF in Suite 103) offers a flexible layout suitable for a variety of professional uses, including medical, legal, or other office-based businesses. The property is part of a larger 48,864-square-foot, two-story Class B office building constructed in 2004, situated on a 0.84-acre lot. The building boasts attractive amenities and offers the option of furnished or unfurnished space. A three-year lease term is preferred. The location is highly desirable, offering convenient access to the 101 Freeway and the Tournament Players Club. Additional benefits include signage possibilities, 24-hour access, and three covered parking spaces. The property is zoned C-O, C-2, Scottsdale, and its Maricopa County location provides easy access to a thriving business community. The property's APN is 215-50-312, 215-50-313, and 215-50-345. This is a single-tenant occupancy space.

• CAP approach

  CAP return

  Valuation

  6%

  $120,020,504

  6.5%

  $110,788,152

  7%

  $102,874,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $92,346,136

  Geo Method

  $92,346,136

• Alternative Use

  Use

  Valuation

  Residential

  $137,377,312

  Hospitality

  $125,836,880

  Educational

  $104,694,808

  Medical

  $108,295,424

  Retail

  $162,858,592

Location Insight

City

Scottsdale

County

Maricopa

State

Arizona

Latitude

33.6399

Longitude

-111.894

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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