1002 Mcdowell Rd Phoenix, AZ 85006-2625
Property profile & analytics
1002 Mcdowell Rd Phoenix, AZ 85006-2625
- Office buildings
- 7,805 SF
- 0.26 lot acres
Property ID
US07-2725391
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Prashant Kolar / Physician / Medical Clinic
- Tracy A. Becker, PA / Physician
- CVS Pharmacy Specialty Services / Pharmacy
- Robert Rasa / Pharmacy
- Frankel Julia E / Employment Agency
Property Details for 1002 Mcdowell Rd
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 0.26 lot acres
- Property size
- 7,805 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 117-25-100A
- APU
- 11725100A
Description
This 7,500 square foot medical office building, situated at 1002 E McDowell Rd, Phoenix, AZ 85006, presents a unique investment opportunity. Built in 1980, the property boasts a convenient location within the Phoenix submarket and is zoned C-2. Currently, there is 1,910 square feet of vacant space available for lease, ideal for expansion or new tenancy within an established medical facility. The building features a total of 7,500 square feet of leasable space across multiple tenancies. Parking is ample, with a ratio of 5 spaces per 1000 square feet. The property's Assessed Parcel Number (APN) is 117-25-100A. This prime location in Phoenix offers excellent access to major transportation routes and a thriving patient base. The available space provides a chance to establish or expand a medical practice in a well-maintained building with a proven track record. The building's existing infrastructure and convenient location make it an attractive option for medical professionals seeking a space to serve the Phoenix community. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,852,000
- AI Estimate
- $2,811,000
Market price range: $997k - $4.12MMarket price range: $974k - $4.08M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,340,000 Current use
- RESTAURANT
- $4,170,000 Change: +78% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,300,000 Change: +41% Conversion: Difficult
- MEDICAL BUILDING
- $2,070,000 Change: -12% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,025,000 Change: -14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,985,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.061
- Latitude
- 33.466
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,194
$0.00
$0.00
$269,363
-
$507,400
$1,125,100
$1,632,500
