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    10828 Cave Creek Rd Phoenix, AZ 85020

    Sponsored
    For Sale
    $2,600,000

    10,460 SF Office, $2.6M

    Property size:
    10,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 10,460 square foot Class B office building presents a unique owner-user opportunity in Phoenix, Arizona. Located at 10828 N Cave Creek Rd, 85020, this single-story property sits on a 0.99-acre lot and boasts ample parking (4 spaces per 1,000 sq ft). Built in 1991 and renovated in 2010, the building features desirable amenities including a courtyard, training room, and break room. Modern upgrades such as LED lighting and an alarm system enhance both functionality and security. The property is zoned C-2, offering flexibility for various commercial uses. The asking price is $2,600,000, translating to $248.57 per square foot. Its convenient location is within two miles of SR51, providing easy access to major transportation routes. The property's APN is 159-22-232. This is a rare opportunity to acquire a well-maintained, amenity-rich office building in a thriving Phoenix location. Serious inquiries only.

    Property Features for 10828 Cave Creek Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,460 SF
    Class
    B
    Lot Size
    43,124 SF

    Building Details

    Year Built/Renovated
    1991/2010
    Stories
    1

    HighLights

    • $2,600,000 asking price for this 10,460 square foot office building.
    • Located at 10828 N Cave Creek Rd, Phoenix, AZ 85020.
    • Traditional office building, Class B, built in 1991, renovated in 2010.
    • Features include a courtyard, training room, break room, LED lighting, and alarm system.
    • Offers 4 parking spaces per 1,000 square feet and sits on a 0.99‑acre lot.
    • Zoned C‑2, with a price per square foot of $248.57.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sun Valley Masonry ... Masonry Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -112.05024364666
    Latitude
    33.58453898281

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    FAQs

    What type of property is this?
    Office Property / Space - 10,460 SF Office, $2.6M
    Where is this office property / space located?
    The property is located at 10828 Cave Creek Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: $2,600,000 asking price for this 10,460 square foot office building.; Located at 10828 N Cave Creek Rd, Phoenix, AZ 85020.; Traditional office building, Class B, built in 1991, renovated in 2010.
    (602) 953-9737
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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
    10828 Cave Creek Rd Phoenix, AZ 85020
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