Professional Office Condo
118-6730 E Mcdowell Rd Scottsdale, AZ 85256
118-6730 E Mcdowell Rd, Scottsdale, AZ, 85256
$124,900
For Sale
$124,900
Open-concept office condo with corner location and C-3 zoning for a wide range of business uses.
Property Size300 SF
Price / SF$416.33
Days on Market99
Property Features for 118-6730 E Mcdowell Rd
General Information
- Standard status
- Active
- Size
- 300 SF
Listing agency
West USA Realty
(480) 323-5462
Listed by
James Wehner · License #BR557829000
(480) 323-5462
Source
Exprealty
Added: Apr 15 Updated: Jul 21 at 11:34PM Checked: Jul 22 at 9:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of West USA Realty
Investment Insights
Based on property information with market context.
This professional office condo offers an open-concept layout in a 300 sq ft unit. The space is positioned as a corner suite, intended to support flexible business use under C-3 general commercial zoning.
The property is located at the high-visibility corner of 68th St and McDowell Rd. Public remarks indicate abundant parking and easy access to the 101 and 202 freeways.
The listing describes the condo as suitable for professional services, medical offices, creative studios, consulting, or small retail, with proximity to Sky Harbor Airport, Arizona State University (ASU), and Tempe Town Lake.
The property is located at the high-visibility corner of 68th St and McDowell Rd. Public remarks indicate abundant parking and easy access to the 101 and 202 freeways.
The listing describes the condo as suitable for professional services, medical offices, creative studios, consulting, or small retail, with proximity to Sky Harbor Airport, Arizona State University (ASU), and Tempe Town Lake.
Key Highlights
- 300 SF open‑concept professional office condo
- High‑visibility corner location at 68th St & McDowell Rd
- C‑3 general commercial zoning allows a wide variety of business uses
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.7k | $25.68 |
| − Vacancy | −$1.4k | −$4.57 |
| EGI | $6.3k | $21.11 |
| − OpEx | −$1.6k | −$5.28 |
| NOI | $4.7k | $15.83 |
300 SF · lease $25.68/SF/yr · vacancy 17.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$67.9K
$59.4K – $79.2K
NOI $4,750 @ 7.0% cap · market cap 3.80%
Second Best
Healthcare Medical
$61.1K
$53.5K – $71.3K
NOI $4,277 @ 7.0% cap · market cap 3.42%
Theoretical Best
Retail
$98.5K
$86.2K – $114.9K
NOI $6,894 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Open-concept office condo with corner location and C-3 zoning for a wide range of business uses.
Where is this office units located?
The property is located at 118-6730 E Mcdowell Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 300 SF open‑concept professional office condo; High‑visibility corner location at 68th St & McDowell Rd; C‑3 general commercial zoning allows a wide variety of business uses
