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Office Condominium with Reserved Parking
For Sale
$685,000

9965 N 95th St. #101, Scottsdale, AZ 85258

Configured with reception, private offices, a kitchen, and a restroom for professional or medical office use.

Property Size1,649 SF
Price / SF$415.40
Days on Market16

Property Features for 9965 N 95th St. #101

General Information

Standard status Active
Size 1,649 SF
Class B
Total Parking Spaces 2
Property subtype Office

Additional Details

Highway Access Yes

Amenities

building signage
monument signage

Building Details

Building Size 1,649 SF
Listed By: Justin Horwitz, SIOR
Source: Svndesertcommercial
Added: Sep 22 Changed: Sep 23 Last Checked: Oct 5 at 3:27PM

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 Justin Horwitz, SIOR

Investment Insights

Based on property information with market context.

This 1,649 SF office condominium at 9965 N. 95th St. #101 in Scottsdale provides a practical layout for an owner-user or investor. The suite includes a reception area, multiple private offices, a kitchen, and a private restroom, supporting administrative, professional, and medical office operations. Two covered, reserved parking spaces are included with the sale.

The unit is part of the Ironwood Village office condominium complex within an established medical area near HonorHealth Scottsdale Shea Medical Center. Building signage is positioned along Ironwood Square Drive, with additional monument signage at the parking entrance. The property is also minutes from the Loop 101 Freeway and surrounded by retail, dining, and service amenities.

Key Highlights

  • 1,649 SF office condominium at 9965 N. 95th St. #101 in Scottsdale
  • Reception area, multiple private offices, kitchen, and private restroom
  • Two covered, reserved parking spaces included with the sale

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,107
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,140 $522.1K
Cap Rate 7%
$372,957 $373.0K
Cap Rate 9%
$290,078 $290.1K
Market Conditions
NOI Build-Up for 1,649 SF
Gross rent
$42.3K $25.68/SF
− Vacancy
−$7.5K −$4.57/SF
EGI
$34.8K $21.11/SF
− OpEx
−$8.7K −$5.28/SF
NOI
$26.1K $15.83/SF
Area
Scottsdale, AZ
Vacancy
17.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,140
Cap Rate 7%
$372,957
Cap Rate 9%
$290,078

Alternative Uses

Best Use
Office B
$373.0K
$326.3K – $435.1K (±1% cap)
NOI $26,107 @ 7.0% cap · market cap 3.81%
Second Best
Healthcare Medical
$335.8K
$293.9K – $391.8K (±1% cap)
NOI $23,508 @ 7.0% cap · market cap 3.43%
Theoretical Best
Retail
$541.3K
$473.7K – $631.5K (±1% cap)
NOI $37,892 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The Nicholls Group Physician Sommer Gunia, DO Physician Comprehensive Breast Center Medical Clinic Heather Anderson Physician Anne Marie Feyrer ... Physician

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Grocery & Convenience Store Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,086
Businesses Nearby

Demographics for 85258, AZ

25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Configured with reception, private offices, a kitchen, and a restroom for professional or medical office use.
Where is this office units located?
The property is located at 9965 N 95th St. #101 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 1,649 SF office condominium at 9965 N. 95th St. #101 in Scottsdale; Reception area, multiple private offices, kitchen, and private restroom; Two covered, reserved parking spaces included with the sale
More about this property
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