This single-story, 10,955 square foot medical office building, constructed in 2000, is situated on a 1.55-acre lot in Glendale, Arizona (85306), at 6591 W Thunderbird Rd, near Glendale Ave. The property is zoned C-0 and features a Class C building with one building and a low building floor area ratio of 0.16. Currently, 2,653 square feet of contiguous space is available for lease within this multi-tenant building. The building offers ample parking with a ratio of 5 spaces per 1,000 square feet. There are no elevators. The property boasts prominent monument signage on Thunderbird Road and attractive landscaping. Its strategic location is one mile west of Banner Thunderbird Medical Center, within a desirable demographic area featuring a high average household income ($121,305 within one mile) and a substantial population (123,690 within three miles). The Maricopa County Assessor's Parcel Number (APN) is 200-76-006Y. This location presents a compelling opportunity for medical or office users seeking a well-positioned space in a thriving community.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$409,531
6.5%
$378,028
7%
$351,026
Comparable approach
Method
Valuation
Relative Method
$386,608
Geo Method
$386,608
Alternative Use
Use
Valuation
Residential
$468,755
Hospitality
$429,377
Educational
$357,237
Medical
$369,523
Retail
$555,702
Location Insight
City
Glendale
County
Maricopa
State
Arizona
Latitude
33.61
Longitude
-112.2
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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