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    555 Turney Ave Phoenix, AZ 85013

    Sponsored
    For Sale
    $7,141,950

    Prime Phoenix Executive Office, 24,210 SF

    Property size:
    24,210 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 24,210-square-foot executive office building in Phoenix, Arizona, presents a unique owner/user investment opportunity. Located at 555 W Turney Ave, 85013, this two-story building boasts a modern design and was renovated in 2021. The asking price is $7,141,950, translating to $295 per square foot. The property features a flexible layout facilitated by modular glass walls, allowing for easy and cost-effective floorplan adjustments. A raised concrete flooring system offers similar adaptability for HVAC, electrical, and plumbing. Energy-efficient features include a clean air HVAC system, abundant natural light from glass-lined windows and skylights, supplemented by low-energy LED lighting. Amenities include a full kitchen, elevator service, lockers with showers, an outdoor terrace, private offices, conference rooms, phone booths, mindfulness rooms, and a podcast studio. The property is offered with a NNN lease type. This meticulously designed space caters to the modern professional, offering a sleek and elegant workplace. This is a rare opportunity to acquire a high-quality, well-appointed executive office building in a desirable Phoenix location.

    Property Features for 555 Turney Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    24,210 SF

    Building Details

    Year Renovated
    2021
    Stories
    2

    HighLights

    • Flexible modular glass walls minimize tenant improvement costs.
    • Raised concrete floors allow for easy relocation of utilities.
    • Energy‑efficient HVAC system with floor‑based vents.
    • Abundant natural and energy‑efficient LED lighting.
    • Versatile layout including terrace, private offices, conference rooms, phone booths, mindfulness rooms, and podcast studio.
    • Amenities include full kitchen, elevator, and lockers with showers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Forward Loans :: PHX Mortgage Broker CoOperate Melrose Coworking Space The Material Collective Furniture Wholesaler

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -112.0814971
    Latitude
    33.4998949

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Phoenix Executive Office, 24,210 SF
    Where is this office property / space located?
    The property is located at 555 Turney Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $7,141,950.
    What are key features of this property?
    This property features: Flexible modular glass walls minimize tenant improvement costs.; Raised concrete floors allow for easy relocation of utilities.; Energy-efficient HVAC system with floor-based vents.
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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
    555 Turney Ave Phoenix, AZ 85013
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