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4801 S Lakeshore Dr Unit 101, Tempe, AZ 85282

Flexible office suites support professional, medical, consulting, technology, and other office-based operations.

Property Size23,851 SF
Price / SF$0.10
Days on Market218

Property Features for 4801 S Lakeshore Dr Unit 101

General Information

Standard status Active
Size 23,851 SF

Building Details

Year Built 1983
Listing Agency: R.O.I. Properties
Listed By: Beth Jo Zeitzer · License #BR044331000
Source: Searchphxproperties
Added: Mar 14 Changed: Oct 1 Last Checked: Oct 16 at 8:58AM

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 R.O.I. Properties

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Investment Insights

Based on property information with market context.

Office space at 4801 S Lakeshore Dr, Unit 101, provides a professional setting within a multi-suite commercial property. The property contains 23,851 square feet and was built in 1983, with suite configurations designed to accommodate different operational requirements.

The Tempe location is identified as part of the Lakeshore corridor and offers access suited to office-based businesses. Potential users described for the space include professional services firms, medical practices, consulting companies, technology businesses, and other organizations seeking dedicated office accommodations.

Key Highlights

  • 23,851‑square‑foot office property built in 1983
  • Unit 101 at 4801 S Lakeshore Dr, Tempe, AZ 85282
  • Flexible suite configurations for varied office requirements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$426,324
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,526,480 $8.5M
Cap Rate 7%
$6,090,343 $6.1M
Cap Rate 9%
$4,736,933 $4.7M
Market Conditions
NOI Build-Up for 23,851 SF
Gross rent
$724.1K $30.36/SF
− Vacancy
−$155.7K −$6.53/SF
EGI
$568.4K $23.83/SF
− OpEx
−$142.1K −$5.96/SF
NOI
$426.3K $17.87/SF
Area
Tempe, AZ
Vacancy
21.50%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,526,480
Cap Rate 7%
$6,090,343
Cap Rate 9%
$4,736,933

Alternative Uses

Best Use
Office B
$6.09M
$5.33M – $7.11M (±1% cap)
NOI $426,324 @ 7.0% cap · market cap 17,142.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.50M
$6.56M – $8.75M (±1% cap)
NOI $525,018 @ 7.0% cap · market cap 21,110.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Dry Utility Services Consultant Sales Quality Research ... Advertising Agency David R. Young, ... Physician Steven C. Hirdes, ... Physician Lewis Greg Insurance Agency

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,301
Businesses Nearby

Demographics for 85282, AZ

52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office units - Flexible office suites support professional, medical, consulting, technology, and other office-based operations.
Where is this office units located?
The property is located at 4801 S Lakeshore Dr Unit 101 Tempe, AZ.
What are key features of this property?
This property features: 23,851‑square‑foot office property built in 1983; Unit 101 at 4801 S Lakeshore Dr, Tempe, AZ 85282; Flexible suite configurations for varied office requirements
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