8711 Pinnacle Peak RdScottsdale, AZ 85255
- Retail properties
- 6,546 SF
Property Details for 8711 Pinnacle Peak Rd
- Year built
- 1977
- Construction
- CONCRETE
- Lot size
- 5.92 AC
- Property size (Sq ft)
- 6,546 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 212-01-597
- APU
- 21201597
Description
This exceptional Scottsdale commercial property, located at 8711 E Pinnacle Peak Rd, 85255, offers a unique blend of retail and office spaces within a charming Spanish Village-style design. The 45,124 square foot building, constructed in 1974, sits on an 8.36-acre lot and boasts a picturesque setting with a bell tower, stone patio, balconies, fountain, courtyard, and cactus garden. Currently, there are 12,755 square feet of vacant space available, divisible into units ranging from a minimum of 468 square feet to a maximum contiguous space of 6,373 square feet. The property is zoned C-2, Scottsdale, and enjoys excellent visibility and accessibility with its location at the intersection of Pinnacle Peak Road and Pima Road, a high-traffic area with 40,257 vehicles per day. Ample parking is provided, with a ratio of 4.00 spaces per 1,000 square feet. The property's diverse layout accommodates multiple tenants, making it ideal for a variety of businesses. This is a rare opportunity to secure space in a well-established, aesthetically pleasing commercial center in a highly desirable Scottsdale location. The property's unique architectural style and landscaping create a memorable and inviting atmosphere for both tenants and customers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,821,179
- 6.5%
- $2,604,165
- 7%
- $2,418,154
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,721,150
- Geo Method
- $3,721,150
-
Alternative Use
- Use
- Valuation
- Residential
- $2,196,711
- Hospitality
- $2,012,175
- Educational
- $1,674,106
- Medical
- $1,731,681
- Retail
- $2,604,165
Location Insight
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.6978
- Longitude
- -111.893
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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