10400 N 25Th Ave, Phoenix, AZ 85021
- Office buildings
- 114,720 SF
- 7.63 lot acres
Current Use by Public Records
- Empereon-Constar / Bpo Company / Corporate Office
Property Details for 10400 N 25Th Ave
- Year built
- 1996
- Construction
- STEEL FRAME
- Lot size
- 7.63 lot acres
- Zone code
- A-1
- Property type
- Office buildings
- APN
- 149-09-013
- APU
- 14909013
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 29, 2026 | — | Meritex Metropolitan LLC | — | Deed · related | $19.4M · Bell Bank |
| Feb 6, 2026 | — | Meritex Metropolitan LLC | Mac Corporate Center LLC | Special Warranty Deed | — |
| Jun 16, 2017 | $16,925 | Mac Corporated Center LLC | Corporate Office Center 2015 LLC | Warranty Deed · related | $11.8M · Veritex Community Bank |
| Jan 13, 2016 | $10,400,000 | Corporate Center Offic 2015 | Cwsp-i-j LLC | Grant Deed | $12M · * Other Institutional Lenders |
| Jun 4, 2013 | — | Cwsp-i-j LLC | — | Loan Modification · related | $12.1M · Wells Fargo #cd 2005-hq5 (ce) |
| Aug 24, 2007 | $17,300,000 | Cwsp-i-j LLC | Icp 2500 LLC | Grant Deed | — |
| Aug 24, 2007 | $2,691,880 | Icp 2500 LLC | Joyce W Schoeneberg Family | Grant Deed | — |
| Feb 16, 2005 | $15,100,000 | Icp 2500 LLC | Ls Ob One Corp | Special Warranty Deed | $12.1M · Morgan Stanley Mortgage Capital INC |
| Jun 26, 1997 | $14,000,000 | Property Arizona Ob One Corp | New Properties L L C | Grant Deed · related | — |
| — | — | Cwsp-i-j LLC | — | Deed Of Trust · related | $12.1M · Wells Fargo Bk #2005-hq5 (ce) |
| — | — | Desert Properties L L C New | — | Deed Of Trust · related | — |
Description
This exceptional 109,332 square foot, two-story Class A commercial property in Phoenix, Arizona, presents a compelling investment opportunity. Situated on a 7.63-acre lot zoned A-1 and H-R, this vacant building offers significant potential for owner-users, developers, or value-add investors. Built in 1996 and renovated in 2016, the property boasts a flexible layout easily divisible for various tenants. The second floor features a plug-and-play office space with 426 workstations. Three entrances provide convenient access, complemented by elevators and stairwells. Ample parking is available, including covered and ADA-accessible spaces (5.6 spaces per 1,000 sq ft). The property enjoys a prime location, offering excellent visibility and immediate access to I-17, with proximity to Loop 101 and I-10. It's also conveniently located near the Light Rail, Metrocenter Mall redevelopment, and a high concentration of employment centers, including TSMC's semiconductor facility and Phoenix Sky Harbor Airport. The property's location within an Opportunity Zone adds further investment appeal. The building's advantageous layout, combined with its strategic location and modern amenities, makes it an ideal asset for a wide range of commercial uses. The property's APN is 149-09-013. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing area of Phoenix.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $37,854,000
- AI Estimate
- $37,225,000
Market price range: $18.5M - $66.5MMarket price range: $17.8M - $66.5M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $41,540,000 Current use
- RESTAURANT
- $61,265,000 Change: +47% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $48,475,000 Change: +17% Conversion: Difficult
- RETAIL STORES
- $34,185,000 Change: -18% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.114
- Latitude
- 33.5809
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA