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    621 N 5Th Ave Phoenix, AZ 85003

    For Lease
    $27 SF/Yr ($4,500 /Mo)

    Office space with private offices, parking, and freeway access.

    Property size:
    2,000 SF
    Lot size:
    0.20 Acres

    Property Features for 621 N 5Th Ave

    General Information

    Size
    2,000 SF
    Lot size
    0.20 Acres

    Source: COBE Real Estate Agent Steve Beck

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

    Overview

    Office Space with Freeway Access

    This 2,000 square foot office space features four private offices suitable for executives, staff, or flexible use. The layout includes two restrooms, a kitchen, a conference room, and a reception area. On-site parking is available for approximately 7-8 vehicles. The property benefits from its location in an active corridor with nearby retail, dining, and services. It is situated two blocks from Van Buren, a street that sees approximately 30,000 vehicles per day. The location provides convenient freeway connectivity, with access to I-10 and I-17 within 5 minutes, facilitating commutes for clients and staff.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strategies 360 Public Relations Firm Grand Canyon Law ... Law Firm

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Daycare Center Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0798338
    Latitude
    33.4555585

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    FAQs

    What type of property is this?
    Office space - Office space with private offices, parking, and freeway access.
    Where is this office space located?
    The property is located at 621 N 5Th Ave Phoenix, AZ.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Excellent freeway connectivity, less than 5 minutes to I-10 and I-17; - Strong location in an active corridor with nearby retail, dining, and services; - Four private offices
    (480) 251-1505
    Request Owner's contact information
    621 N 5Th Ave Phoenix, AZ 85003
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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
    621 N 5Th Ave Phoenix, AZ 85003
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