16421 Tatum Blvd Phoenix, AZ 85032
- Office buildings
- 8,792 SF
- 1.86 lot acres
Current Use by Public Records
- Az Center For Chronic Disease / Medical Center
- Accident Chiropractors / Chiropractor
- McDonald Warner / Estate Planning Attorney / Elder Law Attorney
- Onisile Law Firm, PLLC / Law Firm / Attorney
- Dr. Jennifer Smith / Alternative Medicine Practitioner
Property Details for 16421 Tatum Blvd
- Year built
- 1999
- Construction
- STEEL FRAME
- Lot size
- 1.86 lot acres
- Property size
- 8,792 SF
- Zone code
- R-O
- Property type
- Office buildings
- APN
- 215-32-003T
- APU
- 21532003T
Description
This exceptional Phoenix office space, located at 16421 N Tatum Blvd in the desirable Paradise Valley submarket (zip code 85032), offers flexible leasing options for businesses seeking executive or traditional office environments. The property, zoned P-1 by the City of Phoenix, boasts a total of 22,800 square feet, with 1,730 square feet currently available for immediate occupancy. Multiple tenancy is available, allowing for a variety of configurations to suit different business needs. Individual suites range from a minimum of 863 square feet to a maximum contiguous space of 1,730 square feet, providing ample room for growth and expansion. The building's prime location in Paradise Valley offers easy access to major transportation routes and a wealth of amenities. This is an excellent opportunity for businesses seeking a prestigious and functional workspace in a thriving Phoenix neighborhood. The property is categorized as both Executive and Traditional Office space, catering to a wide range of professional needs. Interested parties are encouraged to inquire about available space and lease terms. This property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,880,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,310,000
- 6.5%
- $4,060,000
- 7%
- $4,090,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,865,000
- Geo Method
- $3,990,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,155,000
- Retail
- $3,860,000
- Mixed-Use
- $3,605,000
- Hospitality
- $3,745,000
- Educational
- $3,690,000
- Residential Income
- $4,830,000
- Energy
- $3,595,000
- Income-Based Land
- $3,760,000
- Food Service
- $4,460,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.977
- Latitude
- 33.636
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
