505 E Osborn Rd, Phoenix, AZ

Listing Agency: DeLex Realty Show Phone

Listed By: Brian D Fiske · License AZ SA552946000 Show Phone

Source: Moodyscre

Added: Feb 28, 2024 Changed: Aug 8 Last Checked: Jul 30 at 6:19AM

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Investment Insights

Based on property information with market context.

This offering presents a redevelopment opportunity consisting of two properties to be sold as a package. The combined lot size totals 15,352 square feet. Situated in the heart of the ReInvent Phoenix Midtown District, the location benefits from ongoing urban redevelopment initiatives. This presents a unique opportunity to capitalize on the revitalization and growth occurring in the area. The property includes the adjacent lot located at 501 E Osborn Rd.

Key Highlights

• Redevelopment Opportunity: Prime location for capitalizing on urban revitalization.
• Package Deal: Includes two adjacent properties (501 E Osborn Rd).
• Large Lot Size: Total of 15,352 sqft combined.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Computer Support Group Computer & Electronic Repair Formula for Fundraising Consultant Denny Smith Insurance ... Insurance Agency

Suggested Use

Top Pick Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Discount Store Carpet & Flooring Store

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

4,417

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Average Price Trend$/SF for Storefront properties in Phoenix, AZ

$264 Jul

$272 Aug

$286 Sep

$322 Oct

Properties on Market for Storefront properties in Phoenix

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019

8.7% 2020

7.4% 2021

5.6% 2022

5.1% 2023

5.4% 2024

5.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Two properties for sale in revitalizing Phoenix Midtown district.

Where is this storefront property located?

The property is located at 505 E Osborn Rd Phoenix, AZ.

What is the asking price?

The asking price for this property is $1,190,000.

What are key features of this property?

This property features: Redevelopment Opportunity: Prime location for capitalizing on urban revitalization.; Package Deal: Includes two adjacent properties (501 E Osborn Rd).; Large Lot Size: Total of 15,352 sqft combined.