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    4302 32Nd St Phoenix, AZ 85018

    For Sale
    $2,000,000

    Prime commercial space, high visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 4302 N 32nd Street in Phoenix's coveted Arcadia area, presents a unique investment opportunity. The property encompasses a half-acre lot and features three buildings totaling over 2,800 square feet of usable space. The main building offers 1,984 square feet, while two additional buildings provide 440 and 412 square feet respectively, ideal for businesses requiring multiple offices or separate functional areas. The C-O zoning allows for a variety of uses, including medical offices, legal practices, financial services, banks, business schools, and limited retail establishments. Its prominent location on 32nd Street ensures high visibility and easy accessibility for clients and employees. The property boasts well-maintained exteriors and landscaping, creating a professional and inviting atmosphere. Ample parking is available, catering to the needs of tenants and visitors. This versatile property is perfectly situated between commercial and residential areas, offering a blend of accessibility and a desirable neighborhood setting. The flexible zoning and prime location make this a standout investment for business owners, developers, or investors seeking a strong presence in the thriving Arcadia market. The asking price is $2,000,000. This property is also available for rent.

    Property Features for 4302 32Nd St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1945
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lambs and Ivy Childcare Day Care Center Arcadia Living Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0136
    Latitude
    33.49902

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    FAQs

    What type of property is this?
    Commercial real estate - Prime commercial space, high visibility
    Where is this commercial real estate located?
    The property is located at 4302 32Nd St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $2,000,000.
    (602) 842-0000
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    4302 32Nd St Phoenix, AZ 85018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4302 32Nd St Phoenix, AZ 85018
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