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Two-Story Flex Building
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1500 North Central, Phoenix, AZ 85004

DTC-MCD-1 zoning supports multifamily, office, healthcare, and retail uses.

Property SizeContact for details
Days on Market143

Property Features for 1500 North Central

General Information

Standard status Active
Property subtype Office, Industrial
Listing Agency: Avison Young - Phoenix
Listed By: Mark Seale · License #AZ BR024402000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:16PM

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 Avison Young - Phoenix

Investment Insights

Based on property information with market context.

The property is a 53,000 SF, two-story office/flex building on approximately 3.293 acres. Its scale, existing configuration, and DTC-MCD-1 zoning create a basis for repositioning or renovation. The stated zoning allows a range of uses that includes multifamily, office, healthcare, and retail.

The building occupies the southwest corner of North Central Avenue and McDowell Road in Phoenix. Its Central Corridor setting provides access to downtown-area employment, educational institutions, amenities, newer metropolitan developments, I-10, and the broader freeway system.

Key Highlights

  • 53,000 SF two‑story office/flex building
  • Approximately 3.293 acres
  • Southwest corner of North Central Avenue and McDowell Road

Property Analytics

Current Use

Donnelley Financial Solutions Financial Advisor Tire Dynamics LLC (Bike/Boat/Book/etc) Store Toro Tire Services (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Big Box & Wholesale Store Auto Repair Shop Garden Center

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

3,266
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - DTC-MCD-1 zoning supports multifamily, office, healthcare, and retail uses.
Where is this flex space located?
The property is located at 1500 North Central Phoenix, AZ.
What are key features of this property?
This property features: 53,000 SF two‑story office/flex building; Approximately 3.293 acres; Southwest corner of North Central Avenue and McDowell Road
(213) 471-1069 Call to check price and availability
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