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Office Units on Corner Lot

6730 E McDowell Road #138, Scottsdale, AZ 85257

For Sale
$250,000

Two 500-square-foot suites are configured for office use and carry C-3 zoning.

Property Size1,000 SF
Price / SF$250
Days on Market157

Property Features for 6730 E McDowell Road #138

General Information

Standard status Active
Size 1,000 SF
Property subtype Commercial
Zoning C-3

Additional Details

Condition Built-Out
Highway Access Yes
Office Units 2
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $725

Building Details

Building Size 1,000 SF
Year Built 1974
Buildings 1
Stories 1
Listing Agency: COBE Real Estate, Inc.
Listed By: Timothy Zaharis · License AZ BR577140000
Source: Azhomeseekers
Added: Jun 11 Changed: Nov 12 Last Checked: Nov 13 at 5:12AM

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 COBE Real Estate, Inc.

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Investment Insights

Based on property information with market context.

La Oua Plaza includes two office units, numbered 134 and 138, totaling 1,000 square feet. Each suite contains 500 square feet and is currently arranged for office use, with a month-to-month lease in place. The property was built in 1974 and occupies a corner lot. C-3 zoning is identified for the property.

At 6730 E McDowell Road in Scottsdale, the site is across from the Desert Botanical Garden and near the intersection of 68th Street and McDowell Road. Loop 101 and Loop 202 are described as minutes away. More than 34,000 vehicles per day pass the property along 68th Street and McDowell Road. The units are offered together for sale, with the existing lease structure and office configuration forming the current setup.

Key Highlights

  • Two office units total 1,000 SF; each suite is 500 SF
  • Current office buildout with a month‑to‑month lease
  • C‑3 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,832
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,640 $316.6K
Cap Rate 7%
$226,171 $226.2K
Cap Rate 9%
$175,911 $175.9K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$25.7K $25.68/SF
− Vacancy
−$4.6K −$4.57/SF
EGI
$21.1K $21.11/SF
− OpEx
−$5.3K −$5.28/SF
NOI
$15.8K $15.83/SF
Area
Scottsdale, AZ
Vacancy
17.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,640
Cap Rate 7%
$226,171
Cap Rate 9%
$175,911

Alternative Uses

Best Use
Office B
$226.2K
$197.9K – $263.9K (±1% cap)
NOI $15,832 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$328.3K
$287.2K – $383.0K (±1% cap)
NOI $22,979 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

AEAZ CLINICS (ONLINE ... Medical Clinic Look Better Naked ... Spa & Massage Center OM3 Yoga, LLC Gym & Fitness Center Olympus Interlock LifeSafer Building Supply Arizona ART & Therapeutic ... Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Restaurant Pharmacy

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

Lease Details

2
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby

Demographics for 85257, AZ

29,187
Population
16,392
Households
1.8
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,230
Density / Sq Mi
$79,828
Median Household Income
$54,580
Median Earnings
$1,812
Median Rent
$453,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in Scottsdale, AZ

$486 Jul
$304 Aug
$349 Sep
$363 Oct

Properties on Market for Office Units in Scottsdale

Jul
Aug
Sep
Oct

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 unit - Two 500-square-foot suites are configured for office use and carry C-3 zoning.
Where is this office unit located?
The property is located at 6730 E McDowell Road #138 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two office units total 1,000 SF; each suite is 500 SF; Current office buildout with a month‑to‑month lease; C‑3 zoning
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