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Property profile & analytics

1525 Granite Reef Rd Scottsdale, AZ 85257

  • Medical offices
  • 1,570 SF
  • 0.83 lot acres
For Lease
Last Sale
Mar 12, 2021
$1,200,000
Value Estimations
$1,050,000
Cap Rate Potential
2.2%
Medical offices
Location Intelligence
Property ID
US07-0040128
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.

Current Use by Public Records

  • Lillo Joseph L MD / Family Practice Physician
  • Dr Ray Rodney DC / Chiropractor
  • Struktur Studio LLC / Structural Engineer
  • Arizona Barbecue Cleaning & Repair / Cleaning Service
  • Renew Landscaping and Design / Landscape Designer

Property Details for 1525 Granite Reef Rd

Year built
1974
Construction
CONCRETE
Lot size
0.83 lot acres
Property size
1,570 SF
Zone code
S-R
Property type
Medical offices
Property subtype
Medical space
APN
131-06-024J
APU
13106024J

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,005,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $924,000
    Market price range: $204k - $924k
    AI Estimate
    $924,000
    Market price range: $204k - $924k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $770,000
    RETAIL STORES
    $725,000
    AUTO REPAIR, GARAGE
    $645,000

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


Location Insight

  • Map
  • Local Demand
City
Scottsdale
County
Maricopa
State
Arizona
Longitude
-111.9
Latitude
33.4648
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
2022
$7,950
$0.00
$0.00
$256,223
-
$791,400
$761,468
$1,552,868
More about this property
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