550 Indian School Rd Phoenix, AZ 85013
- Office buildings
- 8,090 SF
- 0.46 lot acres
Current Use by Public Records
- The Source Naturopathic Medical Clinic / Medical Clinic
- Biological Energy Medicine / Medical Center
- David A. Arneson, NMD / Alternative Medicine Practitioner
- Jane R. Meier, MSW / Doctor
- MMjCCC / Alternative Medicine Practitioner / General Practitioner
Property Details for 550 Indian School Rd
- Year built
- 1958
- Construction
- CONCRETE
- Lot size
- 0.46 lot acres
- Property size
- 8,090 SF
- Zone code
- C-1
- Property type
- Office buildings
- APN
- 155-32-143A
- APU
- 15532143A
Description
This single-story, 8,099 square foot office building at 550 W Indian School Rd in Phoenix, Arizona, presents a fantastic leasing opportunity. Built in 1958 and renovated in 2017, the property is classified as Class C and features five total suites within a single building situated on a 0.46-acre lot. Currently, 1,058 square feet of space is immediately available, representing a minimum divisible unit size. The building is zoned C-2, allowing for a variety of commercial uses. Ample parking is provided, with a ratio of 3.5 spaces per 1,000 square feet. The property does not include elevators. The building's address is 550 W Indian School Rd, Phoenix, AZ 85013, and its Assessor's Parcel Number (APN) is 155-32-143, 144. This multi-tenant office space offers a convenient location and updated amenities, making it an ideal choice for businesses seeking a functional and well-maintained workspace in a thriving Phoenix neighborhood. The property is a traditional office building suitable for a variety of tenants. Interested parties should inquire about lease terms and conditions.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $190,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $205,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $180,000
- Mixed-Use
- $245,000
- Hospitality
- $245,000
- Educational
- $220,000
- Residential Income
- $235,000
- Energy
- $190,000
- Income-Based Land
- $225,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.081
- Latitude
- 33.4952
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
