Freestanding Building Ideal for
For Sale
$499,999
4250 N 19th Ave, Phoenix, AZ 85015
Freestanding 1,822 SF building suitable for medical or office use.
Property Size1,822 SF
Days on Market343
Property Features for 4250 N 19th Ave
General Information
Standard status
Active
Size
1,822 SF
Class
C
Property subtype
Office
Site & Location
Neighborhood
Encanto
Building Details
Building Size
1,822 SF
Year Built
1973
Listing Agency:
Menlo Group Commercial Real Estate
Listed By:
Jason Triano, CCIM
(480) 228-6137
Source:
Menlocre
Added: Nov 25, 2025
Changed: Oct 30
Last Checked: Nov 1 at 4:27AM
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 Menlo Group Commercial Real Estate
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Investment Insights
Based on property information with market context.
This is a freestanding building with approximately 1,822 square feet of space. It is zoned R-5 and is suitable for medical or office use. The property has ample parking.
Key Highlights
- Freestanding Building offering great visibility.
- +/- 1,822 SF of versatile space.
- Perfect for Medical or Office User seeking a well‑located property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,190
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,800
$623.8K
Cap Rate 7%
$445,571
$445.6K
Cap Rate 9%
$346,556
$346.6K
Market Conditions
NOI Build-Up for 1,822 SF
Gross rent
$56.0K $30.72/SF
− Vacancy
−$14.4K −$7.90/SF
EGI
$41.6K $22.82/SF
− OpEx
−$10.4K −$5.71/SF
NOI
$31.2K $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%
$623,800
Cap Rate 7%
$445,571
Cap Rate 9%
$346,556
Alternative Uses
Best Use
Office B
$445.6K
$389.9K – $519.8K
NOI $31,190 @ 7.0% cap · market cap 6.24%
Second Best
Healthcare Medical
$371.1K
$324.7K – $432.9K
NOI $25,974 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$551.9K
$482.9K – $643.9K
NOI $38,633 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85015, AZ
41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Phoenix, AZ
Similar Off Market Nearby
- Vets On Move — 3621 N Black Cyn Hwy STE 116, Phoenix, AZ 85015
- Arizona Skies Animal Hospital — Phoenix, AZ 85015
- Townsley Gregg DVM — phoenix, az 85013
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding 1,822 SF building suitable for medical or office use.
Where is this medical office space located?
The property is located at 4250 N 19th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Freestanding Building offering great visibility.; +/- 1,822 SF of versatile space.; Perfect for Medical or Office User seeking a well‑located property.
