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    16929 E Enterprise Dr Fountain Hills, AZ 85268

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    For Sale
    $1,799,000

    Attractive office building with potential for owner/user or investment.

    Property size:
    14,830 SF
    Lot size:
    0.79 Acres

    Property Features for 16929 E Enterprise Dr

    General Information

    Size
    14,830 SF
    Lot size
    0.79 Acres

    Source: Rein & Grossoehme Agent Mark Rein

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

    Overview

    Fountain Hills Office Building For Sale

    This attractive office building, constructed in 1976, features a "U" shape design with two freestanding suites in the central courtyard, each equipped with private restrooms. Public restrooms are available on each floor. The property includes several smaller suites, which are typically in high demand and command higher per-square-foot rental rates. The building's design allows for cost-effective renovations to enhance the marketability of vacant spaces and potentially increase lease rates. The property is suitable for an owner-user seeking rental income, especially if the entire building is not required. The entire second floor, comprising 7,852 square feet, is currently available. Most of the occupied suites operate on a month-to-month basis, offering flexibility for potential investors or owner-users. The property is located in Fountain Hills, AZ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Hills
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7144123
    Latitude
    33.5957653

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    FAQs

    What type of property is this?
    Office building - Attractive office building with potential for owner/user or investment.
    Where is this office building located?
    The property is located at 16929 E Enterprise Dr Fountain Hills, AZ.
    What is the asking price?
    The asking price for this property is $1,799,000.
    What are key features of this property?
    This property features: - Potential for increased lease rates through low-cost renovation.; - Entire second floor (7,852 sq. ft.) available immediately.; - Ideal for owner/user with potential rental income.
    (480) 214-9400
    Request Owner's contact information
    16929 E Enterprise Dr Fountain Hills, AZ 85268
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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
    16929 E Enterprise Dr Fountain Hills, AZ 85268
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