Office Building with Private
For Sale
$699,000
930 E OSBORN Road, Phoenix, AZ 85014
2,310 SF office building with private parking, rear entrance, multiple offices, and two private restrooms.
Property Size2,310 SF
Price / SF$302.60
Days on Market97
Property Features for 930 E OSBORN Road
General Information
Standard status
Active
Size
2,310 SF
Property subtype
Commercial/Industrial
Additional Details
Cap Rate
7%
Road Access
Yes
Amenities
reception area
lobby/waiting area
fireplace
private restrooms
storage/file room
Building Details
Year Built
1979
Listing Agency:
RE/MAX Fine Properties
(602) 391-7164
Listed By:
Brook Miller · License #BR533974000
(602) 391-7164
Source:
Exitrealty
Added: Apr 25
Changed: Jul 22
Last Checked: Jul 23 at 4:22AM
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 RE/MAX Fine Properties
Investment Insights
Based on property information with market context.
A well-designed office building offering 2,310 SF with four oversized private offices plus a reception area with dual workstations. The layout also includes a large lobby/waiting area or fifth office (16x19) with a fireplace, two private restrooms, and a spacious storage/file room. Built in 1979, the property has seen multiple updates over the years, including modern flooring, fixtures, high ceilings, and updated mechanicals.
Located a half-block east of Midtown and directly across from the Phoenix Country Club, the building has frontage on Osborn and features private parking with an entrance in the rear.
With its current configuration of multiple private offices, reception, and dedicated restrooms, the space is suited to professional office use and also presented as an investor option based on the seller’s stated projected 7% CAP.
Located a half-block east of Midtown and directly across from the Phoenix Country Club, the building has frontage on Osborn and features private parking with an entrance in the rear.
With its current configuration of multiple private offices, reception, and dedicated restrooms, the space is suited to professional office use and also presented as an investor option based on the seller’s stated projected 7% CAP.
Key Highlights
- 2,310 SF office building built in 1979 with multiple updates over the years
- 4 oversized private offices plus reception and a large lobby/waiting area or 5th office
- Office sizes include 15x18 private offices and a 16x19 lobby/waiting area with a fireplace
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.0k | $30.72 |
| − Vacancy | −$18.2k | −$7.90 |
| EGI | $52.7k | $22.82 |
| − OpEx | −$13.2k | −$5.71 |
| NOI | $39.5k | $17.12 |
2,310 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$564.9K
$494.3K – $659.1K
NOI $39,544 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$699.7K
$612.3K – $816.3K
NOI $48,980 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,967
Businesses Nearby
Explore this area
Business Placement
Demographics for 85014, AZ
26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 2,310 SF office building with private parking, rear entrance, multiple offices, and two private restrooms.
Where is this office building located?
The property is located at 930 E OSBORN Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,310 SF office building built in 1979 with multiple updates over the years; 4 oversized private offices plus reception and a large lobby/waiting area or 5th office; Office sizes include 15x18 private offices and a 16x19 lobby/waiting area with a fireplace
