Phoenix Office Building for
For Sale
Contact for pricing
407 W Osborn Rd, Phoenix, AZ 85013
For-sale office building totaling 6,727 square feet at 407 W Osborn Rd.
Property Size6,727 SF
Price / SF$271.29
Days on Market693
Property Features for 407 W Osborn Rd
General Information
Standard status
Active
Size
6,727 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Encanto
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Keri Davies · License #SA649025000
(602) 697-3416
Source:
Moodyscre
Added: Dec 6, 2024
Changed: Oct 25
Last Checked: Oct 28 at 10:54AM
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 LevRose Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale office building offers a total of 6,727 square feet located at 407 W Osborn Rd in Phoenix, AZ. The offering is positioned as a distinctive, one-of-a-kind Phoenix office building.
The property information provided includes only the building size and address, without additional details on layout, condition, or tenancy. Interested parties should verify building specifications and any operational or improvement details during due diligence.
The property information provided includes only the building size and address, without additional details on layout, condition, or tenancy. Interested parties should verify building specifications and any operational or improvement details during due diligence.
Key Highlights
- For‑sale office building totaling 6,727 SF
- Located at 407 W Osborn Rd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,158
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,303,160
$2.3M
Cap Rate 7%
$1,645,114
$1.6M
Cap Rate 9%
$1,279,533
$1.3M
Market Conditions
NOI Build-Up for 6,727 SF
Gross rent
$206.7K $30.72/SF
− Vacancy
−$53.1K −$7.90/SF
EGI
$153.5K $22.82/SF
− OpEx
−$38.4K −$5.71/SF
NOI
$115.2K $17.12/SF
Area
Phoenix, AZ
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,303,160
Cap Rate 7%
$1,645,114
Cap Rate 9%
$1,279,533
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,158 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,637 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,988
Businesses Nearby
Explore this area
Business Placement
Demographics for 85013, AZ
21,970
Population
11,618
Households
1.9
Avg Household Size
38
Median Age
47%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,938
Density / Sq Mi
$68,895
Median Household Income
$53,067
Median Earnings
$1,435
Median Rent
$476,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office building - For-sale office building totaling 6,727 square feet at 407 W Osborn Rd.
Where is this office building located?
The property is located at 407 W Osborn Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: For‑sale office building totaling 6,727 SF; Located at 407 W Osborn Rd
