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    13575 W Indian School Rd Litchfield Park, AZ 85340
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    Property profile & analytics

    13575 W Indian School Rd Litchfield Park, AZ 85340

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    • Medical Office Space
    • 25,590 SF
    • 2.66 lot acres
    For Lease
    $3,090,000
    View Listing →
    Furnished Medical Office Space Available For Lease
    $3,090,000
    3,134 SF

    Furnished Medical Office Space Available

    Turn-key medical office space for rent on select days.

    13575 W Indian School Rd, Litchfield Park, AZ
    View Listing
    Property ID
    US07-1851061
    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

    • Olson Orthodontics / Dental Office
    • Gillard Dental / Dental Office
    • Dr. Jeffrey N. Brownstein, DDS / Dental Office
    • Dr. Joseph Bradshaw, DMD / Dental Office
    • Ruxandra LeMay / Physician / Medical Clinic

    Property Details for 13575 W Indian School Rd

    Year built
    1999
    Construction
    CONCRETE
    Lot size
    2.66 lot acres
    Property size
    25,590 SF
    Zone code
    PAD
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    501-71-976
    APU
    50171976

    Description

    This exceptional 2,205 square foot medical office suite is ideally situated at the entrance of the Litchfield Park Plaza, a modern Class B professional building located at 13575 W Indian School Rd, Suite 500, Litchfield Park, AZ 85340 (APN 50171970). Offered at $800,000, this owner/user opportunity presents a turnkey solution for medical or professional practices. The suite benefits from its strategic placement within a beautifully renovated lobby (completed in 2024), enhancing visibility and accessibility. The building itself boasts quality construction and is exceptionally well-maintained, reflecting its recent 2018 build date. This prime location offers unparalleled convenience, with close proximity to West Valley Hospital and Banner Estrella Medical Center, ensuring a strong patient base and convenient access for staff and clients. The suite is move-in ready, eliminating the need for extensive renovations or upgrades. This represents a rare opportunity to acquire a high-quality, well-located medical office space in a thriving area. Don't miss this chance to establish or expand your practice in this desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,197,000
      Market price range: $3.20M - $9.94M
      AI Estimate
      $2,983,000
      Market price range: $2.98M - $9.91M

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

    Location Insight

    • Map
    • Local Demand
    City
    Litchfield Park
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.351
    Latitude
    33.4871
    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
    $0.00
    $0.00
    $0.00
    $83
    -
    $500
    $0.00
    $500

    Comparable in this City

    • Value Estimation
      $3,090,000
      25,590 SF

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      MEDICAL BUILDING • 25,590 SF
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      View Details
    • Value Estimation
      $1,030,000
      2,659 SF

      5220 Dysart Rd Ste, Unit 174

      MEDICAL BUILDING • 2,659 SF
      5220 Dysart Rd Ste, Litchfield Park, AZ 85340-3049
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    • Value Estimation by Request
      25,590 SF

      13575 Indian School Rd Ste, Unit 600

      MEDICAL BUILDING • 25,590 SF
      13575 Indian School Rd Ste, Litchfield Park, AZ 85340-4925
      View Details
    • Value Estimation
      $3,090,000
      25,590 SF

      13575 Indian School Rd Ste, Unit 700

      MEDICAL BUILDING • 25,590 SF
      13575 Indian School Rd Ste, Litchfield Park, AZ 85340-4905
      View Details
    • Value Estimation
      $16,455,000
      42,424 SF

      14044 Camelback Rd

      MEDICAL BUILDING • 42,424 SF
      14044 Camelback Rd, Litchfield Park, AZ 85340-9428
      View Details
    • Value Estimation by Request
      25,590 SF

      13575 Indian School Rd Ste, Unit 500

      MEDICAL BUILDING • 25,590 SF
      13575 Indian School Rd Ste, Litchfield Park, AZ 85340-4903
      View Details

    Similar Nearby for Sale

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      Avondale C-2 Land Available

      7.4 acres of C-2 land suitable for retail development.
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      Litchfield Park Industrial Live/Work Space

      Industrial space with live/work opportunity near 303 freeway.
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      Land with Rezoning Potential

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      12337 W Camelback Rd, Litchfield Park, AZ 85340

      Land
      12337 W Camelback Rd, Litchfield Park, AZ 85340
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      2.39 AC Industrial Land Available

      2.39 AC industrial land near freeways and Luke Airforce Base.
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    • $3,300,000
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      Prime 303 Corridor Land Opportunity

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    Similar Nearby for Lease

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      3,548 SF

      Retail Space Near Litchfield Park

      Retail space in a lively area near Litchfield Park.
      4860 N Litchfield Rd, Litchfield Park, AZ 85340
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    • Contact for pricing
      3,134 SF

      Furnished Medical Office Space Available

      Turn-key medical office space for rent on select days.
      13575 W Indian School Rd, Litchfield Park, AZ 85340
      View Details
    • Contact for pricing

      Mixed-Use Plaza with Retail, Office

      Mixed-use plaza with retail and office tenants, easy access.
      12725 W Indian School Rd, Litchfield Park, AZ 85340
      View Details
    • Contact for pricing

      Litchfield Park Flex Space

      Flex space available for lease in Litchfield Park, Arizona.
      16840 Bethany Home Rd, Litchfield Park, AZ 85340
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      Turnkey Office Space Available

      Professionally built-out office in a modern retail condo development.
      13331 W Indian School Rd, Litchfield Park, AZ 85340
      View Details
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      2,614 SF

      Litchfield Park Office Space Available

      Office suites available in Litchfield Park, Arizona.
      4840 N Litchfield Rd, Litchfield Park, AZ 85340
      View Details
    View Listing
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    Litchfield Park, AZ 85340
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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