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Property profile

4224 Craftsman Ct Scottsdale, AZ 85251

OFF-MARKET
Retail properties & Spaces
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5,723 SF Built 1964

Property summary

AI-generated overview

This exceptional 5,723 square foot retail and office property, located at 4224 N Craftsman Court in the heart of Old Town Scottsdale, Arizona, presents a unique investment opportunity. The building, constructed in 1964 and extensively renovated in 2019, boasts a Class C designation and offers a "plug and play" environment for immediate occupancy. The two-story building features high-end finishes throughout, including exposed ceilings and abundant glazing, creating a modern and inviting atmosphere. Its prime location offers unparalleled visibility and accessibility, with prominent building signage along Craftsman Court. The property benefits from its proximity to numerous hotels, restaurants, galleries, and shopping destinations, ensuring high foot traffic and visibility. Abundant public parking is conveniently located within walking distance, adding to the property's appeal. The asking price is $4,000,000, translating to a price per square foot of $698.93. This property is ideal for a discerning buyer seeking a well-maintained, high-visibility commercial space in one of Scottsdale's most desirable locations. The zip code is 85251, and the property is situated in Maricopa County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1964
Total area 5,723 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
  • Physician
  • Medical Clinic
  • Real Estate Agency
  • Association Or Organization
  • General Contractor

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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