Multi-Suite Office
New
For Sale
Contact for pricing
4801 S Lakeshore Dr Unit 204, Tempe, AZ 85282
Flexible suite configurations can accommodate a range of office operations.
Property Size24,596 SF
Price / SF$0.08
Days on Market7
Property Features for 4801 S Lakeshore Dr Unit 204
General Information
Standard status
Active
Size
24,596 SF
Site & Location
Neighborhood
Park Premiere
Additional Details
Property Use
Office
Building Details
Year Built
1983
Listing Agency:
R.O.I. Properties
Listed By:
Beth Jo Zeitzer · License #BR044331000
(602) 319-1326
Source:
Niki.eastvalleyazhomesforsale
Added: Oct 25
Changed: Oct 30
Last Checked: Oct 30 at 1:17PM
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
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.
The office property at 4801 S Lakeshore Dr, Unit 204, in Tempe encompasses 24,596 square feet. Built in 1983, it offers flexible suite configurations for office-based operations.
The property is located in Tempe, Arizona, on S Lakeshore Drive.
The property is located in Tempe, Arizona, on S Lakeshore Drive.
Key Highlights
- 24,596‑square‑foot office property
- Built in 1983
- 4801 S Lakeshore Dr, Unit 204, Tempe, AZ 85282
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$439,640
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,792,800
$8.8M
Cap Rate 7%
$6,280,571
$6.3M
Cap Rate 9%
$4,884,889
$4.9M
Market Conditions
NOI Build-Up for 24,596 SF
Gross rent
$746.7K $30.36/SF
− Vacancy
−$160.5K −$6.53/SF
EGI
$586.2K $23.83/SF
− OpEx
−$146.5K −$5.96/SF
NOI
$439.6K $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%
$8,792,800
Cap Rate 7%
$6,280,571
Cap Rate 9%
$4,884,889
Alternative Uses
Best Use
Office B
$6.28M
$5.50M – $7.33M
NOI $439,640 @ 7.0% cap · market cap 22,534.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.73M
$6.77M – $9.02M
NOI $541,417 @ 7.0% cap · market cap 27,750.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,301
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - Flexible suite configurations can accommodate a range of office operations.
Where is this office unit located?
The property is located at 4801 S Lakeshore Dr Unit 204 Tempe, AZ.
What are key features of this property?
This property features: 24,596‑square‑foot office property; Built in 1983; 4801 S Lakeshore Dr, Unit 204, Tempe, AZ 85282
