Flexible Mixed-Use Suite
For Sale
Contact for pricing
1805 W VAN BUREN Street 200, Phoenix, AZ 85007
Adaptable commercial suites support retail, medical, and creative office uses in Phoenix’s State Capitol District.
Property Size9,593 SF
Price / SF$0.30
Days on Market94
Property Features for 1805 W VAN BUREN Street 200
General Information
Standard status
Active
Size
9,593 SF
Property subtype
Comm/Industry Lease
Site & Location
Neighborhood
Central City
Listing Agency:
RE/MAX Fine Properties
(480) 792-9500
Listed By:
Cindy Moy-Zhang · License #SA701280000
(646) 206-0905
Source:
Nicolesecrest
Added: Jul 24
Changed: Oct 6
Last Checked: Oct 24 at 5:33PM
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 RE/MAX Fine Properties
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Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 9,593 SF with suite options ranging from 1,100 SF to 1,900 SF. The layouts are described as functional and adaptable, supporting retail, medical, and creative office applications. The property serves businesses connected to Arizona government activity as well as nearby professional offices.
Located at 1805 W Van Buren Street, with suite addressing that also includes 1801, the property is positioned in Phoenix’s State Capitol District. Its range of suite sizes provides several occupancy configurations within a single commercial setting.
Located at 1805 W Van Buren Street, with suite addressing that also includes 1801, the property is positioned in Phoenix’s State Capitol District. Its range of suite sizes provides several occupancy configurations within a single commercial setting.
Key Highlights
- 9,593 SF mixed‑use commercial property
- Available suites range from 1,100 SF to 1,900 SF
- Flexible layouts for retail, medical, or creative office uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,422
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,168,440
$2.2M
Cap Rate 7%
$1,548,886
$1.5M
Cap Rate 9%
$1,204,689
$1.2M
Market Conditions
NOI Build-Up for 9,593 SF
Gross rent
$172.7K $18.00/SF
− Vacancy
−$17.8K −$1.85/SF
EGI
$154.9K $16.15/SF
− OpEx
−$46.5K −$4.84/SF
NOI
$108.4K $11.30/SF
Area
Phoenix, AZ
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,168,440
Cap Rate 7%
$1,548,886
Cap Rate 9%
$1,204,689
Alternative Uses
Best Use
Mixed Use
$1.75M
$1.53M – $2.04M
NOI $122,311 @ 7.0% cap · market cap 4,291.61%
Second Best
Retail
$1.55M
$1.36M – $1.81M
NOI $108,422 @ 7.0% cap · market cap 3,804.28%
Theoretical Best
Office A
$2.91M
$2.54M – $3.39M
NOI $203,406 @ 7.0% cap · market cap 7,137.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,209
Businesses Nearby
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Mixed-use property - Adaptable commercial suites support retail, medical, and creative office uses in Phoenix’s State Capitol District.
Where is this mixed-use property located?
The property is located at 1805 W VAN BUREN Street 200 Phoenix, AZ.
What are key features of this property?
This property features: 9,593 SF mixed‑use commercial property; Available suites range from 1,100 SF to 1,900 SF; Flexible layouts for retail, medical, or creative office uses
