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    8618 35Th Ave Phoenix, AZ 85051

    Sponsored
    For Sale
    $1,975,000

    Phoenix Medical Office Building - Owner/User

    Property size:
    10,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,470-square-foot medical office building, situated on a 40,250-square-foot lot in Phoenix, Arizona, presents a compelling owner-user investment opportunity. Built in 1986 and classified as a Class B property, the building is ideally located at 8618 N 35th Ave, 85051, within Maricopa County. The property boasts ample covered parking, providing a 4.8 spaces per 1,000 square feet ratio. Its convenient location offers easy access to major freeways, including I-17 and US-60, ensuring seamless commutes for staff and patients. Furthermore, its strategic proximity to four prominent hospitals—John C. Lincoln North Mountain, Thunderbird Samaritan Hospital, Phoenix Baptist Hospital, and John C. Lincoln Deer Valley—makes it an attractive location for medical practices seeking high visibility and patient accessibility. The property is zoned C-O by the City of Phoenix and is offered at an asking price of $1,975,000. This is a Net Net Net (NNN) lease type. This presents a rare opportunity to acquire a well-positioned medical office building in a thriving healthcare market.

    Property Features for 8618 35Th Ave

    General Information

    Property type
    Medical offices
    Square Feet
    10,470 SF
    Class
    B

    Building Details

    Year Built
    1986

    HighLights

    • Easy access to I‑17 and US‑60 freeways.
    • Ample covered parking (4.8 spaces per 1,000 sq ft).
    • Close proximity to four major hospitals: John C. Lincoln North Mountain, Thunderbird Samaritan, Phoenix Baptist, and John C. Lincoln Deer Valley.
    Property Profile Location Intelligence

    Current Use by Public Records

    John Prieve Internist MACOA Doctor Higgins William H ... Family Practice Physician Arizona Family Medical ... Medical Center AZ Best Healthcare Pain Management Physician

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -112.1347264
    Latitude
    33.5631363

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    FAQs

    What type of property is this?
    Medical office - Phoenix Medical Office Building - Owner/User
    Where is this medical office located?
    The property is located at 8618 35Th Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: Easy access to I-17 and US-60 freeways.; Ample covered parking (4.8 spaces per 1,000 sq ft).; Close proximity to four major hospitals: John C. Lincoln North Mountain, Thunderbird Samaritan, Phoenix Baptist, and John C. Lincoln Deer Valley.
    Request Owner's contact information
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    Phoenix, AZ 85051
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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
    8618 35Th Ave Phoenix, AZ 85051
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