1525 Granite Reef RdScottsdale, AZ 85257

Property Details for 1525 Granite Reef Rd

Year built

1974

Construction

CONCRETE

Lot size

0.83 AC

Property size (Sq ft)

1,570 SF

Zone code

S-R

Property type

Medical offices

Property subtype

Medical space

APN

131-06-024J

APU

13106024J

Description

This exceptional 2,702 square foot executive office space is situated within a larger 8,387 square foot building at 1525 N Granite Reef Rd, Scottsdale, AZ 85257. The property, classified as Class B, was constructed in 1974 and is zoned (SR) Service Residential within Maricopa County. The entire building consists of a single suite, currently offering a significant portion of vacant space ideal for a variety of businesses. The available space totals 2,702 square feet, presenting a unique opportunity for a company seeking a substantial and well-located office presence in Scottsdale. The building's location provides convenient access to major transportation routes and amenities. This is a multi-tenant building, offering the potential for interaction and collaboration with other businesses. The property's size and layout are well-suited for a range of executive office configurations, allowing for customization to meet specific business needs. This is a rare opportunity to secure a substantial office space in a desirable Scottsdale location. The property's zoning as (SR) Service Residential indicates its suitability for a variety of professional services. Serious inquiries are encouraged to explore this exceptional offering. The building's age reflects established infrastructure, while the available space provides the chance to create a modern and efficient workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $497,709

  6.5%

  $459,424

  7%

  $426,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $354,161

  Geo Method

  $354,161

• Alternative Use

  Use

  Valuation

  Residential

  $569,685

  Hospitality

  $521,828

  Educational

  $434,155

  Medical

  $449,086

  Retail

  $675,352

Location Insight

City

Scottsdale

County

Maricopa

State

Arizona

Latitude

33.4648

Longitude

-111.9

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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