12133 Bell Rd Surprise, AZ 85378-9409
- Strip malls
- 12,568 SF
- 0.72 lot acres
Current Use by Public Records
- Strip malls
Property Details for 12133 Bell Rd
- Year built
- 2002
- Construction
- CONCRETE
- Lot size
- 0.72 lot acres
- Property size
- 12,568 SF
- Zone code
- PAD
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 501-24-012E
- APU
- 50124012E
Description
The Bernini Building, located at 12133 W Bell Rd in Surprise, Arizona (zip code 85378), offers a unique opportunity for businesses seeking a well-maintained retail or office space. This two-story building, constructed in 2003, boasts a total of 12,000 square feet, with one suite currently available. The vacant space comprises 2,718 contiguous square feet, ideal for a variety of uses. The building features an exterior elevator for convenient access to both floors. Its PAD zoning allows for flexibility in tenant improvements and operations. The property benefits from its high-visibility location on busy Bell Road, strategically situated between the Loop 101 and 303 freeways, ensuring excellent accessibility and high traffic exposure. The building is attractively landscaped and situated near a variety of retail establishments and restaurants, providing a vibrant and convenient environment for both employees and customers. The building's single suite configuration offers a unique opportunity for a single tenant to occupy the entire available space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,765,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,300,000
- 6.5%
- $1,985,000
- 7%
- $1,960,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,530,000
- Geo Method
- $2,365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,205,000
- Retail
- $2,180,000
- Mixed-Use
- $1,845,000
- Hospitality
- $2,310,000
- Educational
- $2,290,000
- Residential Income
- $2,280,000
- Energy
- $2,155,000
- Income-Based Land
- $2,460,000
- Food Service
- $2,240,000
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.322
- Latitude
- 33.6381
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
