Property profile

13838 46th Pl Phoenix, AZ 85044

OFF-MARKET
Medical Office Space
Property ID
US07-2884517
19,115 SF 2.2 ac lot Built 1995
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This single-story, 20,195 square foot medical office building is located in Ahwatukee, Arizona, at 13838 S 46th Place, near the intersection of Ray Road and 46th Place. Built in 1995, the property sits on 2.07 acres and offers ample parking with 101 spaces. The building is zoned C-O and has a Maricopa County APN of 301-58-009S. The property features multiple tenancies, with a minimum divisible space of 700 square feet and a maximum contiguous space of 2,955 square feet. Currently, 4,852 square feet of space is vacant and available for lease. Suite 120 has an allocated budget for updates. This presents a unique opportunity for medical professionals seeking established space in a desirable Ahwatukee location. The property's convenient location and ample parking make it an attractive option for patients and staff alike. Interested parties should inquire about lease terms and available spaces.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction CONCRETE
Total area 19,115 SF
Lot 2.2 ac (95,832 SF)
Zoning code C-O
APN 301-58-009S
UPID US07-2884517

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Alternative Medicine Practice
  • Physician
  • Physician
  • Physician

Location

13838 46th Pl Phoenix, AZ 85044-7800
Phoenix metro Census 116718 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.07M
Blend (final) Blend
$3.37M

Owner & transaction history

since 2015
6 recorded transactions
2015
$3.3M
2008
$4.6M
2002
$4.1M
2000
Price N/A
1999
$2.4M
1969
Price N/A

Zoning & alternative use

C-O · Phoenix, AZ
Zoning description

The purpose of C-O zone is intended to provide office use as an appropriate transition between intense commercial activities and nearby residential uses

General category COMMERCIAL
Top alternative use upside
Restaurant $10.2M +101.2%
Auto repair, garage $8.1M +59.2%
Retail stores $5.7M +12.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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