4645 Lakeshore DrTempe, AZ 85282

Property Details for 4645 Lakeshore Dr

Year built

1984

Construction

STEEL FRAME

Lot size

0.02 AC

Property size (Sq ft)

14,880 SF

Zone code

PCC-2

Property type

Office properties

Property subtype

Office buildings

APN

133-38-421

APU

13338421

Description

This exceptional Tempe office suite, located at 4645 S Lakeshore Drive Unit 10, offers 737 square feet of versatile space. Ideally situated in a prime location, this property boasts a private bathroom and its own AC unit. The suite features a spacious main office area, providing ample room for various business needs. Unit 10 can be purchased individually or collectively with the adjacent Suite 11 (a combined 1465 sq ft), which offers additional amenities including a shared kitchen area equipped with a water heater and dishwasher, plus two bathrooms and substantial storage. While currently open between units, easy conversion to two separate, independent units is possible. The property is enhanced by a pleasant courtyard and abundant parking. Its strategic location provides easy access to the 60 freeway, Arizona State University, a variety of restaurants, and shopping centers, creating a thriving business environment. The lot size is 0.34 acres. The asking price for this single unit is $249,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,524,696

  6.5%

  $2,330,489

  7%

  $2,164,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,293,752

  Geo Method

  $2,293,752

• Alternative Use

  Use

  Valuation

  Residential

  $2,889,806

  Hospitality

  $2,647,047

  Educational

  $2,202,312

  Medical

  $2,278,053

  Retail

  $3,425,819

Location Insight

City

Tempe

County

Maricopa

State

Arizona

Latitude

33.3816

Longitude

-111.923

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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