2202 7th St Phoenix, AZ 85006-1604
- Office buildings
- 1,484 SF
- 0.17 lot acres
Sep 27, 2024
Current Use by Public Records
- Transamerican Wholesale / Big Box & Wholesale Store
- WESCO Assembly / Factory / Industrial Manufacturer
- TVC White Sands / Electric Utility Company / Electrical Supply Store
- Dr. Wendell Martinez, DDS / Physician
- Sims Darrell B DDS / Dental Office
Property Details for 2202 7th St
- Year built
- 1966
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 1,484 SF
- Zone code
- C-1
- Property type
- Office buildings
- APN
- 118-53-084A
- APU
- 11853084A
Description
This exceptional 1,498 square foot freestanding medical office building in Phoenix, Arizona, presents a unique investment opportunity. Located at 2202 N 7th St, this single-tenant property boasts a complete dental build-out, ready for immediate occupancy. The space includes one operatory room, three dental chairs, and existing imaging equipment, along with office furniture, significantly reducing start-up costs for a new practice. Built in 1966, the single-story building offers ample parking with an above-average ratio of 6.7 spaces per 1,000 square feet, including four standard spaces and one handicapped-accessible space. The property's strategic location provides convenient access to major medical facilities, including Banner University Medical Center, St. Joseph's Hospital & Medical Center, Phoenix Children's Hospital, and Abrazo Arizona Heart Institute, without any on-campus use restrictions. This presents a significant advantage for attracting patients and establishing a thriving medical practice. The property is situated in Maricopa County and offers a turnkey solution for dentists or other medical professionals seeking a well-equipped and conveniently located office space. The entire 1,498 square feet is currently vacant, allowing for immediate customization and occupancy. This is an excellent opportunity to acquire a fully functional medical office building in a high-demand area.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $783,000
- AI Estimate
- $775,000
Market price range: $190k - $783kMarket price range: $185k - $776k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $445,000 Current use
- AUTO REPAIR, GARAGE
- $625,000 Change: +41% Conversion: Difficult
- MEDICAL BUILDING
- $395,000 Change: -12% Conversion: Easy
- WAREHOUSE, STORAGE
- $385,000 Change: -14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $380,000 Change: -15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.065
- Latitude
- 33.4714
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA