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Property profile & analytics
FOR LEASE
Medical Office Space

1525 N Granite Reef Rd Scottsdale, AZ 85257

1,570 SF 0.83 ac lot Built 1974
Individually Owned Free & Clear
Property ID
US07-0040128
Property summary
AI-generated overview

This exceptional 2,702 square foot executive office space is situated within a larger 8,387 square foot building at 1525 N Granite Reef Rd, Scottsdale, AZ 85257. The property, classified as Class B, was constructed in 1974 and is zoned (SR) Service Residential within Maricopa County. The entire building consists of a single suite, currently offering a significant portion of vacant space ideal for a variety of businesses. The available space totals 2,702 square feet, presenting a unique opportunity for a company seeking a substantial and well-located office presence in Scottsdale. The building's location provides convenient access to major transportation routes and amenities. This is a multi-tenant building, offering the potential for interaction and collaboration with other businesses. The property's size and layout are well-suited for a range of executive office configurations, allowing for customization to meet specific business needs. This is a rare opportunity to secure a substantial office space in a desirable Scottsdale location. The property's zoning as (SR) Service Residential indicates its suitability for a variety of professional services. Serious inquiries are encouraged to explore this exceptional offering. The building's age reflects established infrastructure, while the available space provides the chance to create a modern and efficient workspace.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1974
Construction CONCRETE
Total area 1,570 SF
Lot 0.83 ac (35,981 SF)
Zoning code S-R
APN 131-06-024J
UPID US07-0040128
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lillo Joseph L MD Pediatrician Physician
  • Dr Ray Rodney DC Alternative Medicine Practice
  • Struktur Studio LLC Structural Engineer
  • Arizona Barbecue Cleaning & Repair Hardware & Home Improvement
  • Renew Landscaping and Design Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$924k
Blend (final) Blend
$1.05M
Owner & transaction history
The Steve D Trang And Chau Trang Li
The Steve D Trang And Chau Trang Li
since 2025
Last sale
$1.2M
7 recorded transactions
2025
$400,000
2025
Price N/A
2025
Price N/A
2025
$684,200
2024
$370,000
2024
Price N/A
2024
$246,585
Zoning & alternative use
S-R · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

10-foot wide landscape buffer abutting a Single-family Residential District. Multiple-family Residential (R-5) • Minimum 15-foot wide landscape buffer abutting a Single-family Residential District. Service Residential (S-R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district)…

Zone name Service Residential
General category RESIDENTIAL
Zone area 156.34 ac
Source Zoning Ordinance Interpretations
Top alternative use upside
Commercial (general) $770,000 +40.0%
Retail stores $725,000 +31.8%
Auto repair, garage $645,000 +17.9%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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