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    1492 Ml Ave Tempe, AZ 85281-5652

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    1492 Ml Ave Tempe, AZ 85281-5652


    • Medical Office Space
    • 64,609 SF
    • 1.67 lot acres
    Off-Market
    Property ID
    US07-3447709
    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
    $13,405,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Biltmore ENT, Facial Plastics & Allergy / Medical Clinic / Physician
    • Arizona Wound Centers / Medical Clinic
    • East Valley Women's Medical Group / Medical Clinic
    • Women's Health Associates Tempe / Medical Clinic
    • Foot & Ankle Clinics of Arizona/Tempe / Physician

    Property Details for 1492 Ml Ave

    Year built
    1996
    Construction
    CONCRETE
    Lot size
    1.67 lot acres
    Property size
    64,609 SF
    Zone code
    R-4
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    133-18-041
    APU
    13318041

    Description

    This exceptional Class A medical office building, totaling 59,808 square feet, is situated on the Tempe St. Luke's Hospital campus in Maricopa County, Arizona. Built in 1996, the three-story building offers multiple tenancy options, with spaces ranging from a minimum of 1,739 square feet to a maximum contiguous space of 2,427 square feet. Currently, 12,490 square feet is available for lease. The property sits on a 1.67-acre lot and provides ample patient and covered staff parking. Its convenient location on the campus of an 87-bed full-service hospital offers immediate access to a wide array of services, including diagnostic imaging, cardiovascular care, orthopedic services, women's care, and a wound center. This presents a unique opportunity for medical professionals seeking a prestigious and well-equipped space within a thriving healthcare environment. The address is 1492 S Mill Ave, Tempe, AZ 85281. This property is ideal for practices seeking high visibility and convenient access to a large patient base. The building's modern design and ample parking ensure a comfortable and efficient experience for both patients and staff.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,407,000
      Market price range: $8.88M - $20.7M
      AI Estimate
      $13,407,000
      Market price range: $8.88M - $20.7M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $13,225,000
      Current use
      OFFICE BUILDING
      $17,405,000
      Change: +32% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.942
    Latitude
    33.4129
    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
    $161,787
    $0.00
    $0.00
    $2,162,534
    -
    $2,737,800
    $10,368,466
    $13,106,266
    More about this property
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