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    2302 Central Ave Phoenix, AZ 85004

    Sponsored
    For Sale
    $639,999

    Turnkey Office, Excellent Location, High-End Finishes

    Property size:
    1,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,525-square-foot Class A office building, located at 2302 N Central Ave in Phoenix, Arizona (85004), is available for $639,999. Built in 2007, this vacant, free-and-clear property features a traditional office layout with four spacious private offices, a private bathroom, and secured extra storage. The unit boasts high-end finishes including stained concrete floors, tall exposed ceilings, large windows, and a custom kitchen complete with stainless steel appliances, even an espresso machine. The property sits on a 1,525-square-foot lot and is zoned R-MX. Its prime location on Central Avenue offers excellent visibility and proximity to the Tapestry on Central, a 280-unit residential complex. Building amenities include a heated pool, gas BBQs, a gym, a sauna, and a clubhouse. This turnkey space is ideal for immediate business use and benefits from central avenue frontage and its corner location. The property is offered as a NNN lease. The APN is 118-48-469. This is a rare opportunity to acquire a renovated, well-appointed office space in a vibrant, high-demand area. The property is conveniently located near light rail.

    Property Features for 2302 Central Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,525 SF
    Class
    A

    Building Details

    Year Built
    2007
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Community Pharmacy Pharmacy Walgreens Drug Store Edward Jones - Financial ... Financial Consultant Luke Yaeger Film ... Video Production Service DENNIS KOLODIN, CCIM, ... Real Estate Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0741848
    Latitude
    33.4735001

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    FAQs

    What type of property is this?
    Office Property / Space - Turnkey Office, Excellent Location, High-End Finishes
    Where is this office property / space located?
    The property is located at 2302 Central Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $639,999.
    Request Owner's contact information
    2302 Central Ave Phoenix, AZ 85004
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    Phoenix, AZ 85004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2302 Central Ave Phoenix, AZ 85004
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