8706 Manzanita DrScottsdale, AZ 85258

  • Office properties
  • 4,144 SF
For Lease
$25/SF/YR View listing

Property Details for 8706 Manzanita Dr

Year built
1997
Construction
STEEL FRAME
Lot size
0.32 AC
Property size (Sq ft)
4,144 SF
Zone code
C-O
Property type
Office properties
Property subtype
Office buildings
APN
174-04-962
APU
17404962

Description

This exceptional 1,831-square-foot executive office suite is ideally located in Scottsdale, Arizona, at 8706 E Manzanita Dr, zip code 85258. Situated on the second floor, this single-tenant space boasts a beautifully appointed interior with six private offices, each featuring windows that provide ample natural light and impressive views. The suite's thoughtful design includes two convenient entry/exit points for efficient flow. A dedicated server room ensures secure IT infrastructure, while a comfortable breakroom offers a convenient space for employees. The property is currently tenant-occupied until October, with availability commencing November 1st. The suite's total square footage is 1,831 square feet, with the entire space currently vacant and ready for immediate occupancy. The Assessor's Parcel Number (APN) is 174-04-962. This turnkey solution presents a fantastic opportunity for a business seeking a prestigious and functional workspace in a desirable Scottsdale location. The property is classified as an Office building with an Executive Office subtype.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,313,698
    6.5%
    $1,212,644
    7%
    $1,126,026
  • Comparable approach

    Method
    Valuation
    Relative Method
    $934,804
    Geo Method
    $934,804
  • Alternative Use

    Use
    Valuation
    Residential
    $1,503,678
    Hospitality
    $1,377,361
    Educational
    $1,145,948
    Medical
    $1,185,359
    Retail
    $1,782,586
8706 Manzanita Dr, Scottsdale, Arizona

Location Insight

City
Scottsdale
County
Maricopa
State
Arizona
Latitude
33.5546
Longitude
-111.893
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
$10,106
-
-
$207,075
-
$346,100
$908,900
$1,255,000

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