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    4801 Mcdowell Rd Phoenix, AZ 85008

    Sponsored
    For Sale
    $392,730

    1,482 SF, Updated Medical/Creative Office

    Property size:
    1,482 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,482 square foot office condominium, located at 4801 E McDowell Rd, Phoenix, AZ 85008, is a mixed-use property perfect for owner-users. Recently renovated in 2023 with $1.5 million in upgrades, including a new roof, HVAC system, and parking lot, this unit boasts a modern design within a timeless mid-century modern building. The building itself totals approximately 21,884 square feet and features a multi-tenant layout, ideal for both medical and creative office uses. Situated in a prime location at the intersection of 48th Street and McDowell Road, the property offers excellent visibility and convenient access to major freeways. Its proximity to six hospitals within a six-mile radius makes it particularly attractive for medical professionals. The C-2 zoning permits a variety of uses. Built in 1982, this unit offers an updated space with modern amenities. The average suite size in the building is approximately 3,126 square feet, making this a cost-effective option for smaller tenants. This is an exceptional opportunity to own a piece of Phoenix's thriving business district. The asking price is $392,730.

    Property Features for 4801 Mcdowell Rd

    General Information

    Property type
    Medical offices
    Square Feet
    1,482 SF

    Building Details

    Year Built/Renovated
    1982/2023

    HighLights

    • $392,730 asking price for this mixed‑use office condominium.
    • 1,482 square feet of space in a recently renovated building (2023).
    • Located at 4801 E McDowell Rd, Phoenix, AZ 85008, in a C‑2 zoned area.
    • Owner/user investment opportunity in a prime Phoenix location.
    • Creative and medical office space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Starmaker Models Talent Modeling Agency Phoenix Tattoo Removal ... Tattoo Removal Service Omni Dermatology, Inc. Dermatologist Phoenix Autism Center ... Mental Health Clinic Jeffrey Dickman, DO Dermatologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9782680518
    Latitude
    33.465586792355

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    FAQs

    What type of property is this?
    Medical office - 1,482 SF, Updated Medical/Creative Office
    Where is this medical office located?
    The property is located at 4801 Mcdowell Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $392,730.
    What are key features of this property?
    This property features: $392,730 asking price for this mixed-use office condominium.; 1,482 square feet of space in a recently renovated building (2023).; Located at 4801 E McDowell Rd, Phoenix, AZ 85008, in a C-2 zoned area.
    Request Owner's contact information
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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
    4801 Mcdowell Rd Phoenix, AZ 85008
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