15396 83Rd AvePeoria, AZ 85382

Property Details for 15396 83Rd Ave

Year built

2004

Construction

STEEL FRAME

Lot size

0.03 AC

Property size (Sq ft)

25,485 SF

Zone code

C-2

Property type

Office buildings

APN

200-63-236

APU

20063236

Description

This exceptional single-story office building, located at 15396 N 83rd Ave, Bldg. G, Peoria, AZ 85382, presents a compelling investment opportunity. Built in 2004, this Traditional Office space boasts a convenient and desirable location in Maricopa County, Arizona. The property features ample parking, a significant advantage for both employees and clients. Its strategic proximity to Loop 101 and Thunderbird Road ensures easy access to major transportation arteries, enhancing its appeal and accessibility. The building's design incorporates extensive glass lines, maximizing natural light and creating a bright, inviting atmosphere. The C-2 zoning permits a variety of commercial uses. The property's address is 15396 N 83rd Ave, Bldg. G, with APN numbers 200-63-270 & 200-63-273. Its prime location is surrounded by a vibrant mix of restaurants, shopping centers, and entertainment options, providing employees and visitors with a wealth of amenities. The asking price for this well-situated and attractive office building is $2,495,000. This presents a rare chance to acquire a well-maintained, strategically located office property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,161,440

  6.5%

  $3,841,330

  7%

  $3,566,949

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,928,513

  Geo Method

  $3,928,513

• Alternative Use

  Use

  Valuation

  Residential

  $4,763,249

  Hospitality

  $4,363,110

  Educational

  $3,630,056

  Medical

  $3,754,900

  Retail

  $5,646,754

Location Insight

City

Peoria

County

Maricopa

State

Arizona

Latitude

33.6235

Longitude

-112.239

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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