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    1501 E Osborn Rd Phoenix, AZ 85014

    For Sale
    $7,499,000

    Office building with long-term tenant in central Phoenix.

    Property size:
    32,689 SF
    Lot size:
    2.24 Acres

    Property Features for 1501 E Osborn Rd

    General Information

    Size
    32,689 SF
    Lot size
    2.24 Acres

    Source: LevRose Commercial Real Estate Agent Keri Davies

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

    Overview

    Phoenix Office Building For Sale

    This commercial property is a central Phoenix site situated on approximately 2.40 acres. The property is anchored by Community Partners Integrated Healthcare, occupying approximately 23,000 square feet with a lease extending through 2031. The property also hosts a variety of professional services, including healthcare, consulting, real estate, and photography. The gross operating income is $753,844, with a weighted average lease term (WALT) of 5.33 years. The location is in a high-density residential and employment area, minutes from Camelback Corridor, Central Avenue, I-10, and SR-51. The property is zoned R-5 (Multifamily Residential), offering future redevelopment potential. The property offers a reliable income stream with stable cash flow from a long-term net lease with a single tenant and simplified property management.
    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 Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0489462
    Latitude
    33.486885

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    FAQs

    What type of property is this?
    Office building - Office building with long-term tenant in central Phoenix.
    Where is this office building located?
    The property is located at 1501 E Osborn Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $7,499,000.
    What are key features of this property?
    This property features: - Reliable income stream with stable cash flow from a long-term net lease with a single tenant.; - Anchored by Community Partners Integrated Healthcare (±23,000 SF | Lease through 2031).; - Gross Operating Income of $753,844.
    (602) 697-3416
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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
    1501 E Osborn Rd Phoenix, AZ 85014
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