Property profile

1525 N Granite Reef Rd Scottsdale, AZ 85257

FOR LEASE
Medical Office Space
Property ID
US07-0040128
1,570 SF 0.83 ac lot Built 1974
Individually Owned Free & Clear
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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

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Alternative Medicine Practice
  • Structural Engineer
  • Hardware & Home Improvement
  • Landscaping General Contractor

Location

1525 N Granite Reef Rd Scottsdale, AZ 85257
Scottsdale metro Census 218300 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$924k
Blend (final) Blend
$1.01M

Owner & transaction history

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
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…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $770,000 +40.0%
Retail stores $725,000 +31.8%
Auto repair, garage $645,000 +17.9%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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