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Freestanding Office Building
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7232 E 1st St, Scottsdale, AZ 85251

Vacant, built-out space along 1st Street in Old Town Scottsdale within an Opportunity Zone.

Property Size8,158 SF
Lot Size0.25 Acres
Days on Market145

Property Features for 7232 E 1st St

General Information

Standard status Active
Size 8,158 SF
Lot size 0.25 Acres
Property subtype Office

Additional Details

Opportunity Zone Yes

Building Details

Buildings 1
Listing Agency: LevRose Commercial Real Estate
Listed By: Joe Cosgrove · License #AZ SA649531000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:26PM

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 LevRose Commercial Real Estate

Investment Insights

Based on property information with market context.

The property at 7232 E 1st Street is a freestanding office building with approximately ±8,158 square feet of built-out office space. The building is vacant, allowing an owner-user or future occupant to plan its use without an existing tenancy in place. The site encompasses roughly ±0.25 acres and conveys as a fee simple interest.

Located in Old Town Scottsdale, the property fronts 1st Street and is positioned near two public parking structures offering over 600+ parking spots for potential use. The site is also within an Opportunity Zone, adding a defined land-use and investment designation to the property profile.

Key Highlights

  • Approximately ±8,158 square feet of built‑out office space
  • Roughly ±0.25 acres
  • Vacant freestanding building available for occupancy

Property Analytics

Current Use

Lane Park Bowling Alley Unique Inc Film Production

Suggested Use

Top Pick Auto Parts Store Building Supply Storage Facility Big Box & Wholesale Store Garden Center Grocery & Convenience 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

5,707
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Vacant, built-out space along 1st Street in Old Town Scottsdale within an Opportunity Zone.
Where is this office building located?
The property is located at 7232 E 1st St Scottsdale, AZ.
What are key features of this property?
This property features: Approximately ±8,158 square feet of built‑out office space; Roughly ±0.25 acres; Vacant freestanding building available for occupancy
(480) 628-4753 Call to check price and availability
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