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    5501 N 19Th Ave Phoenix, AZ 85015

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    For Sale
    $8,456,180

    Office and medical suites for sale or lease.

    Property size:
    73,532 SF
    Lot size:
    2.16 Acres

    Property Features for 5501 N 19Th Ave

    General Information

    Size
    73,532 SF
    Lot size
    2.16 Acres

    Source: Colliers | Phoenix Agent Emily Currie

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

    Overview

    Parkwood Professional Plaza Suites

    Located at 5501 N 19th Avenue in Phoenix, the Parkwood Professional Plaza offers office and medical suites for sale or lease. The building comprises approximately 73,532 rentable square feet, with 29 individual medical office condominiums situated on approximately 2.43 acres. The sale price is $8,456,180.00, equating to $115.00 per square foot. Available suites for lease range from approximately 1,530 to 4,867 rentable square feet. Spec suites are available for immediate occupancy. The property benefits from signage opportunities with frontage on 19th Avenue. It has been recently remodeled and is professionally managed. The location is strategically positioned on the Light Rail and is within one mile of the Abrazo Central Campus. Underground and surface parking are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sonora Dental Group Dentist Desert Star Institute ... Educational Institution AZ Clinical Services Drug Testing Service Desert Star Institute ... Abortion Clinic Carmen Duarte Nurse Practitioner

    Suggested Use

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

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

    Similar Places Nearby

    Christown Animal Hospital, Banfield Pet Hospital, Arizona Skies Animal Hospital, Townsley Gregg DVM

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0992417
    Latitude
    33.5172306

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    FAQs

    What type of property is this?
    Medical office - Office and medical suites for sale or lease.
    Where is this medical office located?
    The property is located at 5501 N 19Th Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $8,456,180.
    What are key features of this property?
    This property features: - Strategically located on the Light Rail for easy access.; - Office and medical suites available for sale or lease.; - Recently remodeled, offering a fresh and modern space.
    (480) 721-4889
    Request Owner's contact information
    5501 N 19Th Ave Phoenix, AZ 85015
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    Phoenix, AZ 85015
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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
    5501 N 19Th Ave Phoenix, AZ 85015
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