401 Baseline RdTempe, AZ 85283
- Office properties
- 33,037 SF
Property Details for 401 Baseline Rd
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 1.35 AC
- Property size (Sq ft)
- 33,037 SF
- Zone code
- CSS
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 301-03-018
- APU
- 30103018
Description
This exceptional executive office suite, located at 401 W Baseline Rd in Tempe, Arizona, presents a unique opportunity. Situated within The Meridian, a Class B office building, this 2,783 square foot space is perfect for a business seeking a prominent presence in a thriving area. The building itself boasts a total of 30,408 square feet spread across two stories, constructed in 1986. The property is zoned CSS and features a single building with convenient access via Kyrene Rd. The address is 401 W Baseline Rd, Tempe, AZ 85283, within Maricopa County. This multiple-tenancy building offers a professional environment, ideal for businesses requiring a substantial and well-located office space. The suite's ample square footage provides flexibility for various layouts and configurations to meet specific business needs. The property's location in Tempe offers easy access to major transportation routes, amenities, and a vibrant business community. The Meridian's convenient location and substantial space make it an attractive option for businesses seeking a strategic location in the heart of Tempe. The property's APN is 301-03-018. This is a rare opportunity to secure a significant office space in a desirable Tempe location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,140,779
- 6.5%
- $4,745,334
- 7%
- $4,406,382
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,092,654
- Geo Method
- $5,092,654
-
Alternative Use
- Use
- Valuation
- Residential
- $5,884,215
- Hospitality
- $5,389,910
- Educational
- $4,484,341
- Medical
- $4,638,564
- Retail
- $6,975,642
Location Insight
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.3777
- Longitude
- -111.944
- 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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