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    1010 E Mcdowell Rd Phoenix, AZ 85006
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    Property profile & analytics

    1010 E Mcdowell Rd Phoenix, AZ 85006


    • Medical Office Space
    • 51,152 SF
    • 3.41 lot acres
    McDowell Medical Center Office Space For Lease
    $19,995,000

    McDowell Medical Center Office Space

    Medical office space near Banner University Medical Center.

    1010 E McDowell Rd, Phoenix, AZ 85006
    View Listing
    Property ID
    US07-3155678
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr Lubomir Manov & Associates / Dental Office
    • Phoenix Gynecology Consultants Llc / Physician
    • Paquet Facial Plastic & Reconstructive Surgery / Physician / Medical Clinic
    • Dr. Christian Paquet / Physician / Medical Clinic
    • Keenan Wanamaker / Physician / Hospital

    Property Details for 1010 E Mcdowell Rd

    Year built
    1975
    Construction
    STEEL FRAME
    Lot size
    3.41 lot acres
    Property size
    51,152 SF
    Zone code
    P-1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    117-25-111A
    APU
    11725111A

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $20,182,000
      Market price range: $8.05M - $20.2M
      AI Estimate
      $19,811,000
      Market price range: $7.60M - $19.8M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $13,580,000
      Current use
      RESTAURANT
      $27,315,000
      Change: +101% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $21,615,000
      Change: +59% Conversion: Difficult
      OFFICE BUILDING
      $15,350,000
      Change: +13% Conversion: Easy
      WAREHOUSE, STORAGE
      $13,275,000
      Change: -2% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $13,020,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.06
    Latitude
    33.4667
    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
    $126,730
    $0.00
    $0.00
    $2,916,391
    -
    $4,862,200
    $12,812,895
    $17,675,095
    View Listing
    More about this property
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