Corner-Lot Office
New
For Sale
$750,000
603 W BASELINE Road, Buckeye, AZ 85326
Interior space is arranged with private offices, two reception areas, restrooms, a breakroom, and dedicated storage.
Property Size1,764 SF
Lot Size0.25 Acres
Price / SF$425.17
Days on Market2
Property Features for 603 W BASELINE Road
General Information
Standard status
Active
Size
1,764 SF
Lot size
0.25 Acres
Property subtype
Comm/industry Sale
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Building Size
1,764 SF
Listing Agency:
Arid State Land and Ag Associates,LLC
(623) 386-7597
Listed By:
Lindsey Beard
(480) 322-0571
Source:
Juliebradfeldt
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:40AM
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 Arid State Land and Ag Associates,LLC
Investment Insights
Based on property information with market context.
This 1,764 SF office building occupies an approximately 0.25-acre corner parcel at Miller and Baseline. The interior includes five private offices, two reception areas, two restrooms, a breakroom, and dedicated storage. On-site parking is provided, and the property has street frontage.
The site sits at the Miller and Baseline intersection, with access to I-10 and SR 85. Its office layout combines individual work rooms with reception areas and supporting breakroom and storage space.
The site sits at the Miller and Baseline intersection, with access to I-10 and SR 85. Its office layout combines individual work rooms with reception areas and supporting breakroom and storage space.
Key Highlights
- 1,764 SF office building on an approximately 0.25‑acre corner parcel
- Five private offices, two reception areas, and two restrooms
- Breakroom and dedicated storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,606
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,120
$612.1K
Cap Rate 7%
$437,229
$437.2K
Cap Rate 9%
$340,067
$340.1K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$54.0K $30.60/SF
− Vacancy
−$13.2K −$7.47/SF
EGI
$40.8K $23.13/SF
− OpEx
−$10.2K −$5.78/SF
NOI
$30.6K $17.35/SF
Area
Maricopa County, AZ
Vacancy
24.40%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,120
Cap Rate 7%
$437,229
Cap Rate 9%
$340,067
Alternative Uses
Best Use
Office B
$437.2K
$382.6K – $510.1K
NOI $30,606 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$545.7K
$477.5K – $636.6K
NOI $38,196 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 85326, AZ
72,959
Population
22,417
Households
3.3
Avg Household Size
33
Median Age
17%
College-Educated
86%
High-School Grad
483.0 sq mi
ZIP Area
151
Density / Sq Mi
$91,444
Median Household Income
$45,241
Median Earnings
$1,635
Median Rent
$342,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Interior space is arranged with private offices, two reception areas, restrooms, a breakroom, and dedicated storage.
Where is this office building located?
The property is located at 603 W BASELINE Road Buckeye, AZ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,764 SF office building on an approximately 0.25‑acre corner parcel; Five private offices, two reception areas, and two restrooms; Breakroom and dedicated storage
