4167 Scottsdale RdScottsdale, AZ 85251

Property Details for 4167 Scottsdale Rd

Year built

1984

Construction

CONCRETE

Lot size

0.91 AC

Property size (Sq ft)

14,421 SF

Zone code

D/OR-2

Property type

Office buildings

APN

173-51-097F

APU

17351097F

Description

This exceptional 15,013-square-foot freestanding retail building presents a rare investment opportunity in the heart of Old Town Scottsdale. Situated on a 0.91-acre lot with prominent visibility and 190 feet of frontage along Scottsdale Road, this Class B property offers unparalleled signage opportunities. Built in 1984, the two-story building features 47 parking spaces, a significant advantage in this high-traffic area. The property boasts a unique history as a former bank, retaining drive-thru capabilities and secure vaults, offering versatile adaptability for a new tenant. Two private second-floor patios provide additional outdoor space, with potential for expansion to the first floor. The zoning designation is D/OR-2 PBD DO. The building's single-tenant occupancy ensures ease of management and control. Its location in Old Town Scottsdale provides immediate proximity to hotels, restaurants, galleries, and shopping, guaranteeing high foot traffic and visibility. This is a truly unique opportunity to acquire a well-positioned, freestanding retail building in a highly desirable location. The property's features, including ample parking and the potential for further expansion, make it an ideal investment for discerning buyers. Contact us today for pricing and details.

• CAP approach

  CAP return

  Valuation

  6%

  $4,571,630

  6.5%

  $4,219,966

  7%

  $3,918,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,253,089

  Geo Method

  $3,253,089

• Alternative Use

  Use

  Valuation

  Residential

  $5,232,758

  Hospitality

  $4,793,178

  Educational

  $3,987,868

  Medical

  $4,125,016

  Retail

  $6,203,350

Location Insight

City

Scottsdale

County

Maricopa

State

Arizona

Latitude

33.4965

Longitude

-111.926

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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