1530 Indian School Rd Phoenix, AZ 85015-5231
Property profile & analytics
1530 Indian School Rd Phoenix, AZ 85015-5231
- Office buildings
- 2,610 SF
- 0.22 lot acres
Property ID
US07-1127096
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.
Location Intelligence
Current Use by Public Records
- Oasis Insurance / Insurance Agency
Property Details for 1530 Indian School Rd
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.22 lot acres
- Property size
- 2,610 SF
- Zone code
- R-5
- Property type
- Office buildings
- APN
- 155-48-122
- APU
- 15548122
Description
This exceptional 2,610 square foot freestanding executive office building presents a unique investment opportunity in the heart of Phoenix, Arizona. Located at 1530 W Indian School Rd, 85015, this single-tenant property boasts a convenient location with easy access to the I-17 Freeway. Built in 1969, the building is classified as Class C and sits on a parcel with APN 155-48-122, zoned R-5 by the City of Phoenix. The property features a gray shell condition, providing a blank canvas for customization to suit a variety of business needs. Security is enhanced by gated access, offering peace of mind for occupants. Ample covered parking is available, providing a 4.98 spaces per 1,000 square feet ratio. The asking price for this turnkey property is $750,000. This represents a compelling opportunity to acquire a well-situated, single-tenant office building in a thriving Phoenix market. The property's strategic location and ample parking make it an attractive option for businesses seeking a prominent presence in a high-traffic area. The existing gray shell condition allows for significant flexibility in design and build-out, catering to diverse business requirements. This is a rare chance to own a well-positioned commercial property in a desirable area of Phoenix.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $725,000
- ML approach
- $725,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $795,000
- 6.5%
- $735,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $560,000
- AI Estimate
- $560,000
Market price range: $373k - $675kMarket price range: $373k - $675k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $485,000 Current use
- AUTO REPAIR, GARAGE
- $1,105,000 Change: +127% Conversion: Difficult
- RETAIL STORES
- $780,000 Change: +60% Conversion: Moderate
- MEDICAL BUILDING
- $695,000 Change: +42% Conversion: Easy
- WAREHOUSE, STORAGE
- $675,000 Change: +39% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $665,000 Change: +37% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.093
- Latitude
- 33.4952
- 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
$4,617
$0.00
$0.00
$67,469
-
$167,100
$241,800
$408,900
