Office Building For
1907 E BROADWAY Road Tempe, AZ 85282
1907 E BROADWAY Road, Tempe, AZ, 85282
$750,000
For Sale
$750,000
Single office property for sale located one block east of McClintock on the south side.
Property Size2,990 SF
Price / SF$250.84
Days on Market123
Property Features for 1907 E BROADWAY Road
General Information
- Standard status
- Active
- Size
- 2,990 SF
Building Details
- Year Built
- 1977
Listing agency
(480) 893-1461
Listed by
Chad Chadderton · License #BR004929000
(480) 893-1461
Source
Evrealestate
Added: Mar 22 Updated: Jul 21 at 10:44PM Checked: Jul 21 at 10:44PM
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 Chad Chadderton
Investment Insights
Based on property information with market context.
This is a for-sale office building located at 1907 E Broadway Road. The property is presented as a commercial office asset under the office buildings and office spaces categories.
Directions place the building one block east of McClintock on the south side. The property is in Maricopa County.
The listing information includes a total property size of 2,990, supporting the building’s use as a compact office facility.
Directions place the building one block east of McClintock on the south side. The property is in Maricopa County.
The listing information includes a total property size of 2,990, supporting the building’s use as a compact office facility.
Key Highlights
- Single office property for sale one block east of McClintock on the south side
- Built in 1977
- Central air cooling and zoned forced air electric heating
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.8k | $30.36 |
| − Vacancy | −$19.5k | −$6.53 |
| EGI | $71.3k | $23.83 |
| − OpEx | −$17.8k | −$5.96 |
| NOI | $53.4k | $17.87 |
2,990 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$763.5K
$668.1K – $890.8K
NOI $53,445 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$940.2K
$822.7K – $1.10M
NOI $65,817 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
McDonald Law Offices ...
Law Firm
Ihns Darrell
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Single office property for sale located one block east of McClintock on the south side.
Where is this office building located?
The property is located at 1907 E BROADWAY Road Tempe, AZ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Single office property for sale one block east of McClintock on the south side; Built in 1977; Central air cooling and zoned forced air electric heating
