4032 Miller RdScottsdale, AZ 85251

  • Office buildings
  • 6,488 SF
For Lease
$22/SF/YR View listing

Property Details for 4032 Miller Rd

Year built
2003
Construction
STEEL FRAME
Lot size
0.16 AC
Property size (Sq ft)
6,488 SF
Zone code
C-2
Property type
Office buildings
APN
130-25-086
APU
13025086

Description

This exceptional freestanding retail and office building, located at 4032 N Miller Road in Scottsdale, Arizona, presents a unique opportunity for businesses seeking versatile space. Built in 2006, the single-story, Class C property offers a total of three available spaces ranging from 710 square feet to 2,067 square feet, perfect for a variety of uses. The building's convenient location at the intersection of Miller Road and Indian School Road ensures high visibility and accessibility. The property is zoned C-2 and DO City of Scottsdale, allowing for a range of commercial activities. The building's single-story design provides easy access and efficient use of space. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located space in a thriving Scottsdale commercial area. The property's multiple tenancy allows for flexibility in lease terms and space requirements. The address is 4032 N Miller Rd, Scottsdale, AZ 85251. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Scottsdale market. The property's traditional office subtype provides a functional and adaptable workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,056,774
    6.5%
    $1,898,560
    7%
    $1,762,949
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,463,563
    Geo Method
    $1,463,563
  • Alternative Use

    Use
    Valuation
    Residential
    $2,354,215
    Hospitality
    $2,156,448
    Educational
    $1,794,139
    Medical
    $1,855,843
    Retail
    $2,790,884

Location Insight

City
Scottsdale
County
Maricopa
State
Arizona
Latitude
33.4947
Longitude
-111.918
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
$7,981
-
-
$290,829
-
$653,600
$1,109,000
$1,762,600

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