4531 16Th St Phoenix, AZ 85016
This exceptional office property, located in Phoenix's desirable Camelback Corridor (Phoenix North submarket cluster), offers 4,170 square feet of immediately available space in a well-maintained building. The property consists of three single-story buildings situated on 1.96 acres of land, and is zoned C-0. The entire complex totals 17,658 square feet, with a single suite currently vacant. This space represents a unique opportunity to establish a presence in a thriving business community. The existing tenants are long-term and represent a variety of complementary businesses. The property benefits from on-site management and a boutique ownership structure. The address is 4531 N 16th St, Phoenix, AZ 85016, near the intersection of 16th Street and Highland. The property is classified as Class B and features a traditional office layout. The minimum divisible space is 4,170 square feet, and the maximum contiguous space available is also 4,170 square feet. The Assessor's Parcel Number (APN) is 163-26-130.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.