Mixed-Use Office
307 North Miller Road, Buckeye, AZ 85326
For Sale
Contact for pricing
The single-story building combines commercial space with an attached private apartment configuration.
Property Size1,683 SF
Lot Size0.19 Acres
Price / SF$371.36
Days on Market22
Property Features for 307 North Miller Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Asking Price
Currently Operating
Property Use
Building Details
Buildings
Stories
Building Size
Listing Agency:
Arizona International Real Estate
Listed By:
Adam Lewis · License #AZSA705779000
(602) 478-3711
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 4:07PM
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 Arizona International Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,683-square-foot, single-story mixed-use building is configured for office and residential functions. The property has been described with two equipped office spaces and an attached private apartment containing a full kitchen, bedroom, and living area. It is currently used as a wellness and recovery facility. Community Commercial (CC) zoning is reported for the 0.189-acre parcel.
The property has frontage on Miller Road and is near Interstate 10. Reported site features include four paved parking spaces, fire sprinkler protection, central air conditioning, private restrooms, and security features. The building’s year of construction is reported as 2000.
The property has frontage on Miller Road and is near Interstate 10. Reported site features include four paved parking spaces, fire sprinkler protection, central air conditioning, private restrooms, and security features. The building’s year of construction is reported as 2000.
Key Highlights
- 1,683‑square‑foot, single‑story building on a 0.189‑acre parcel
- Office and residential configuration includes two equipped office spaces and an attached apartment
- Community Commercial (CC) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,200
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,000
$584.0K
Cap Rate 7%
$417,143
$417.1K
Cap Rate 9%
$324,444
$324.4K
Market Conditions
NOI Build-Up for 1,683 SF
Gross rent
$51.5K $30.60/SF
− Vacancy
−$12.6K −$7.47/SF
EGI
$38.9K $23.13/SF
− OpEx
−$9.7K −$5.78/SF
NOI
$29.2K $17.35/SF
Area
Maricopa County, AZ
Vacancy
24.40%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,000
Cap Rate 7%
$417,143
Cap Rate 9%
$324,444
Alternative Uses
Best Use
Office B
$417.1K
$365.0K – $486.7K
NOI $29,200 @ 7.0% cap · market cap 4.67%
Second Best
Mixed Use
$171.2K
$149.8K – $199.7K
NOI $11,983 @ 7.0% cap · market cap 1.92%
Theoretical Best
Office A
$520.6K
$455.5K – $607.4K
NOI $36,442 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 85326, AZ
72,959
Population
22,417
Households
3.3
Avg Household Size
33
Median Age
17%
College-Educated
86%
High-School Grad
483.0 sq mi
ZIP Area
151
Density / Sq Mi
$91,444
Median Household Income
$45,241
Median Earnings
$1,635
Median Rent
$342,400
Median Home Value
Market
Properties on Market for Mixed-use properties in Maricopa County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The single-story building combines commercial space with an attached private apartment configuration.
Where is this mixed-use property located?
The property is located at 307 North Miller Road Buckeye, AZ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,683‑square‑foot, single‑story building on a 0.189‑acre parcel; Office and residential configuration includes two equipped office spaces and an attached apartment; Community Commercial (CC) zoning
