Entity Owned 
For Lease
Property summary
McDowell Medical Center, located at 1010 E McDowell Rd in Phoenix, Arizona (zip code 85006), offers a unique opportunity for medical professionals seeking versatile office space. This five-story building, constructed in 1975 and extensively renovated in 2021 with approximately $5 million in capital improvements, boasts a total of 62,851 square feet. The property is zoned C-2 and features ample surface parking with a ratio of 5.3 spaces per 1,000 square feet. Multiple tenancy options are… available, with suites ranging from a minimum of 1,297 square feet to a maximum contiguous space of 3,698 square feet. Currently, 14,004 square feet of space is vacant and ready for immediate occupancy. The building's central location near Banner University Medical Center provides excellent visibility and accessibility for patients and staff. The property's Assessed Parcel Number (APN) is 117-25-111A in Maricopa County. This is an exceptional opportunity to establish or expand a medical practice in a well-maintained, conveniently located facility.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 51,152 SF
- Lot area
- 3.41 ac
- Year built
- 1975
- Stories
- 4
- APN
- 117-25-111A
- Zoning
- P-1
- Assessed value · 2024
- $2,916,391
- Annual tax · 2023
- $126,730
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $126,730
- Selected cap rate
- Auto Repair, Garage
- Office Building
- Medical Building · current use
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located near residential districts
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
- Local Zoning Insight
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