Freestanding Educational Facility with Secure
29858 N Tatum Blvd Cave Creek, AZ 85331
29858 N Tatum Blvd, Cave Creek, AZ, 85331
$2,850,000
For Sale
$2,850,000
Freestanding educational facility with private rooms, offices, a kitchen, and efficient drop-off/pick-up drive aisle.
Property Size8,535 SF
Price / SF$333.92
Days on Market27
Property Features for 29858 N Tatum Blvd
General Information
- Standard status
- Active
- Size
- 8,535 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1998
Listing agency
(480) 206-4548
Listed by
Steve Berghoff, SIOR, CCIM
(480) 206-4548
Source
Menlocre
Added: Jun 25 Updated: Jul 20 at 9:13PM Checked: Jul 20 at 9:13PM
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 Steve Berghoff, SIOR, CCIM
Investment Insights
Based on property information with market context.
Freestanding educational facility available for lease or sale offering private rooms, private offices, and restrooms. The building includes a dedicated administrative hub separated from the main school areas, plus a kitchen available for on-site meal preparation. The layout is supported by efficient drop-off/pick-up with a center island and perimeter drive aisle, and offers two large fenced and secured outdoor areas.
The property features large monument signage along Tatum Blvd and is served by direct access along Tatum Blvd in the North Phoenix/Cave Creek area. Parking totals 27 spaces, with a stated ratio of 3.1 per 1,000 SF. Cross-streets are Tatum Blvd and Cave Creek Rd, supporting convenient arrival and circulation for daily operations.
Indoors, the facility’s reported size is approximately 8,535 SF, and it includes secure outdoor space intended to complement the interior private room configuration.
The property features large monument signage along Tatum Blvd and is served by direct access along Tatum Blvd in the North Phoenix/Cave Creek area. Parking totals 27 spaces, with a stated ratio of 3.1 per 1,000 SF. Cross-streets are Tatum Blvd and Cave Creek Rd, supporting convenient arrival and circulation for daily operations.
Indoors, the facility’s reported size is approximately 8,535 SF, and it includes secure outdoor space intended to complement the interior private room configuration.
Key Highlights
- Freestanding educational facility built in 1998, available for lease or sale
- About 8,535 SF with private rooms, offices, and restrooms
- Efficient drop‑off/pick‑up setup with center island and perimeter drive aisle
Local Financial Insights For Healthcare Medical
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 | $215.1k | $25.20 |
| − Vacancy | −$14.0k | −$1.64 |
| EGI | $201.1k | $23.56 |
| − OpEx | −$80.4k | −$9.42 |
| NOI | $120.7k | $14.14 |
8,535 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.72M
$1.51M – $2.01M
NOI $120,661 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,807 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Buena Vista Drug ...
Medical Clinic
PAUL RAYMUND VALBUENA
Physician
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FAQs
What type of property is this?
School - Freestanding educational facility with private rooms, offices, a kitchen, and efficient drop-off/pick-up drive aisle.
Where is this school located?
The property is located at 29858 N Tatum Blvd Cave Creek, AZ.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Freestanding educational facility built in 1998, available for lease or sale; About 8,535 SF with private rooms, offices, and restrooms; Efficient drop‑off/pick‑up setup with center island and perimeter drive aisle
