Property profile

11648 Shea Blvd Scottsdale, AZ 85259

OFF-MARKET
Office Spaces
3,000 SF Built 2006
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Property summary

AI-generated overview

This exceptional 3,000 square foot Class A office condo in Scottsdale, Arizona, presents a unique investment opportunity. Located at 11648 E Shea Blvd, 85259, this single-story, 2006-built building (renovated in 2012) boasts a high-end finish and abundant parking. Currently vacant, it offers flexibility for owner-users or value-add investors. The property is zoned S-R, making it ideal for executive, medical, or traditional office uses. Its strategic location between Scottsdale and Fountain Hills provides easy access to a thriving community. Nearby key employers include the Mayo Clinic Scottsdale campus (2.4 miles, 1400+ employees) and HonorHealth Scottsdale on Shea (3.7 miles, 2000+ employees), ensuring a strong potential tenant pool. The area also benefits from significant nearby residential density, including Desert Mountain High School (5 miles, 2300+ students). Strong anchor tenants such as Black Rock Coffee, Cold Burgers and Beers, and Mountainside Fitness (which has seen over 640,000 visits in the past year) further enhance the property's desirability. The asking price is $1,275,000 ($425/sq ft). The property features a large open room adaptable to various layouts. The APN is 217-29-838 | 217-29-839. This is a truly one-of-a-kind opportunity in a prime Scottsdale location.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 3,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Physician
  • Alternative Medicine Practice
  • Spa & Massage Center Alternative Medicine Practice

Location

11648 Shea Blvd Scottsdale, AZ 85259
Scottsdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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