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    3401 E Elwood St Phoenix, AZ 85040

    For Sale
    $3,995,000

    Centrally located office building with I-10 access and high visibility.

    Property size:
    17,840 SF
    Lot size:
    1.17 Acres

    Property Features for 3401 E Elwood St

    General Information

    Size
    17,840 SF
    Lot size
    1.17 Acres

    Source: LevRose Commercial Real Estate Agent Landon McKernan

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

    Overview

    Phoenix Office Building For Sale

    This 17,840 square foot office building in Phoenix, Arizona, is centrally located with connectivity to all major freeways and direct access to I-10 Freeway. Its proximity to Sky Harbor Airport, Tempe, Downtown Phoenix, and Loop 202 enhances its accessibility. The property features drive-around access with multiple points of entry and exit, and monument signage for maximum visibility. The building is equipped with a chiller and a back-up generator. It can be delivered fully-furnished and is currently leased to Medical Transportation Brokerage of Arizona for $35,487.11 per month on a modified gross lease. The building can be delivered leased or vacant. It is ideal for healthcare, administrative, tech, or call center uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car Accident Lawyer ... Personal Injury Attorney conciergesmagazine Publisher Medical Transportation Brokerage ... Transportation Service Mtba Transportation Service Martin & Hart PC Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Pharmacy Hotel & Motel 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
    -112.0083478
    Latitude
    33.4140401

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    FAQs

    What type of property is this?
    Office building - Centrally located office building with I-10 access and high visibility.
    Where is this office building located?
    The property is located at 3401 E Elwood St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - Direct access to I-10 Freeway; - Building can be delivered leased or vacant (currently leased for $35,487.11/MO MG); - Centrally located with connectivity to all major freeways
    (916) 872-7909
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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
    3401 E Elwood St Phoenix, AZ 85040
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