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Private Office with Parking Access
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14819 N Cave Creek Rd Unit 3, Phoenix, AZ 85032

A compact workspace sits near a shared boardroom and coffee bar in a C2-zoned office property.

Property Size7,500 SF
Price / SF$0.09
Days on Market495

Property Features for 14819 N Cave Creek Rd Unit 3

General Information

Standard status Active
Size 7,500 SF
Net Rentable 200 SF
Zoning C2

Site & Location

Neighborhood Paradise Valley

Amenities

boardroom
coffee bar

Building Details

Year Built 1972
Buildings 1
Stories 1
Building Size 7,500 SF
Listing Agency: Prestige Realty
Listed By: Teo Cupes · License #BR573968000
Source: Phoenixmetrohomefinder
Added: Jun 21, 2025 Changed: Oct 26 Last Checked: Oct 28 at 8:27AM

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 Prestige Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Office 3 is a 200 RSF private office within a one-story office building. The suite has wood-grain, gray-toned tile flooring and a direct entrance from the parking area. Shared building amenities include a six-person boardroom and a coffee bar; the main corridor and bathrooms have also been updated.

The 7,461-square-foot property dates to 1972 and is zoned C2. The office’s location within the building places it close to the shared meeting room and coffee service, with separate access from the parking area.

Key Highlights

  • 200 RSF private office
  • Direct entrance from the parking area
  • Shared six‑person boardroom and coffee bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$127,723
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,554,460 $2.6M
Cap Rate 7%
$1,824,614 $1.8M
Cap Rate 9%
$1,419,144 $1.4M
Market Conditions
NOI Build-Up for 7,461 SF
Gross rent
$229.2K $30.72/SF
− Vacancy
−$58.9K −$7.90/SF
EGI
$170.3K $22.82/SF
− OpEx
−$42.6K −$5.71/SF
NOI
$127.7K $17.12/SF
Area
ZIP 85032
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,554,460
Cap Rate 7%
$1,824,614
Cap Rate 9%
$1,419,144

Alternative Uses

Best Use
Office B
$1.82M
$1.60M – $2.13M (±1% cap)
NOI $127,723 @ 7.0% cap · market cap 18,246.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.97M – $2.63M (±1% cap)
NOI $157,870 @ 7.0% cap · market cap 22,552.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Comfort care home ... Home Health Care Service Njconsulting Church Alcohol Detection Systems Social Service Agency Innovative Home & Personal ... Home Health Care Service Constellation Complex LLC Department Store

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Parking Lot & Garage Restaurant Electrical Service

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

Location Intelligence

Trade Area within ½ mile

788
Businesses Nearby

Demographics for 85032, AZ

68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value

Market

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A compact workspace sits near a shared boardroom and coffee bar in a C2-zoned office property.
Where is this office unit located?
The property is located at 14819 N Cave Creek Rd Unit 3 Phoenix, AZ.
What are key features of this property?
This property features: 200 RSF private office; Direct entrance from the parking area; Shared six‑person boardroom and coffee bar
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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