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    Phoenix Medical/Rehabilitation Facility For Sale Title is generated by Realmo AI

    1212 W Camelback Rd, Phoenix, AZ

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    Renovated medical facility with courtyard, parking, and lightrail access.

    Type:OFFICE
    Property size:
    13,660 SF
    Lot size:
    0.82 Acres
    Price / SF:
    $274/SF
    Added:
    Sep 18, 2024
    Days on Market:
    639
    Last Refresh:
    May 20 at 9:55 pm

    Property Features for 1212 W Camelback Rd

    General Information

    Standard status
    Active
    Size
    13,660 SF
    Lot size
    0.82 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 1212 W Camelback Rd Contact us

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    Listing Contact
    John Quatrini
    John Quatrini

    Listing agent John Quatrini License #BR043020000

    Listing office Shell Commercial

    Listing date Sep 18, 2024

    Source Moodyscre

    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 Shell Commercial

    HighLights

    • One acre lot featuring 54 parking stalls (8 covered) and extra land for expansion.
    • Centrally located with easy access to Phoenix Metro Lightrail.
    • Renovated in 2020 with a modern contemporary feel.
    • Perfect facility for medical, rehabilitation, or education purposes.
    • Open‑air central courtyard for activities and relaxation.
    • Potential for additional parking or a playground.

    Overview

    This 13,660-square-foot facility, renovated in 2020 with a modern contemporary feel, is ideally suited for medical, rehabilitation, or educational purposes. The property is centrally located with easy access to the Phoenix Metro Lightrail. Situated on one acre, the site includes 54 parking stalls, with eight covered and reserved spaces. There is extra land available for additional parking or a playground. The property features an open-air central courtyard suitable for patient activities and relaxation.

    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 $419.6k $30.72
    − Vacancy −$107.8k −$7.90
    EGI $311.8k $22.82
    − OpEx −$77.9k −$5.71
    NOI $233.8k $17.12
    13,660 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.34M
    $2.92M – $3.90M (±1% cap)
    NOI $233,842 @ 7.0% cap · market cap 6.24%
    Second Best
    Healthcare Medical
    $2.78M
    $2.43M – $3.25M (±1% cap)
    NOI $194,737 @ 7.0% cap · market cap 5.19%
    Theoretical Best
    Office A
    $4.14M
    $3.62M – $4.83M (±1% cap)
    NOI $289,641 @ 7.0% cap · market cap 7.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motherland Counseling LLC Counselor Copper State Academy High School Rolling Landscaping Services ... Landscaping

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

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    • Townsley Gregg DVM — phoenix, az 85013

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.089
    Latitude
    33.5098

    FAQs

    What type of property is this?
    Medical Office Space - Renovated medical facility with courtyard, parking, and lightrail access.
    Where is this medical office space located?
    The property is located at 1212 W Camelback Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: One acre lot featuring **54 parking stalls (8 covered)** and extra land for expansion.; Centrally located with easy access to Phoenix Metro Lightrail.; Renovated in 2020 with a modern contemporary feel.
    (480) 443-3992 Call to check price and availability
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