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    5110 N 40 St | Phoenix Phoenix, AZ 85018

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    For Lease
    $26 SF/Yr

    Office space in Phoenix with ample parking and convenient location.

    Property size:
    31,286 SF
    Lot size:
    31,286 SF

    Property Features for 5110 N 40 St | Phoenix

    General Information

    Size
    31,286 SF

    Building Details

    Year built
    1983

    Source: John Cerchiai, SIOR Agent John Cerchiai, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Bank Office Park Space

    North Bank Office Park offers office space featuring a 2-story atrium lobby. The building provides 31,231 rentable square feet and a parking ratio of 4 spaces per 1,000 square feet. The property is located adjacent to the Biltmore, Arcadia, and Paradise Valley residential areas. It is within walking distance of various restaurants at 40th Street and Camelback Road, and is located minutes from SR 51 and Loop 202.
    Insight Report Location Intelligence

    Current Use by Public Records

    Collaborative Professionals of Phoenix Family Law Attorney Pinnacle Capital Mortgage Mortgage Lender Verus Holdings LLC Real Estate Developer Martin B Reiss ... Psychiatrist Matsock & Associates Inc Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.982
    Latitude
    33.4998

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    FAQs

    What type of property is this?
    Office building - Office space in Phoenix with ample parking and convenient location.
    Where is this office building located?
    The property is located at 5110 N 40 St | Phoenix Phoenix, AZ.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Excellent Location: Adjacent to Biltmore, Arcadia, and Paradise Valley residential areas.; - Convenient Access: Minutes to SR 51 & Loop 202.; - Ample Parking: 4:1000 Parking ratio.
    (602) 954-3763
    Request Owner's contact information
    5110 N 40 St | Phoenix 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
    5110 N 40 St | Phoenix Phoenix, AZ 85018
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