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    16838 E Palisades Blvd Fountain Hills, AZ 85268
    Property profile & analytics

    16838 E Palisades Blvd, Fountain Hills, AZ 85268

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    • Medical Office Space
    • 16,029 SF
    • 6.76 lot acres
    Fountain Hills Medical Office Space For Lease
    $11,215,000
    49,054 SF

    Fountain Hills Medical Office Space

    Multi-tenant medical office buildings with retail amenities and fountain views.

    16838 E Palisades Blvd, Fountain Hills, AZ 85268
    View Listing
    Property ID
    US07-0122345
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 16838 E Palisades Blvd

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    6.76 lot acres
    Zone code
    C-2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    176-06-001D
    APU
    17606001D

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 24, 2024 $13,000,000 Vpu Fountain Hills LLC Doc 16838 East Palisades Blvd Mobs Special Warranty Deed $418.4M · Dco Dr LLC
    Oct 1, 2015 $13,250,000 Doc-16838 East Palisades Bo Vj Ftn Hills Medical Cente Grant Deed —
    May 29, 2009 — Vj Ftn Hills Medical Center Ll — Grant Deed · related $10.5M · Intervest Mortgage Co LLC
    Oct 10, 2006 $5,500,000 Vj Ftn Hills Medical Center Ll Fourway Properties Warranty Deed $9.9M · Intervest Mortgage Co LLC
    Jun 24, 2005 $3,500,000 Fourway Properties 562502 Ontario INC Warranty Deed $3.8M · S & T Bank
    Dec 13, 1999 $1,790,000 562502 Ontario INC Lukenda,louis B Grant Deed $1.8M · Royal Bank Of Canada
    — — Vj Ftn Hills Medical Center Ll — Deed Of Trust · related $7.4M · Bankers Trust Co
    — — Vj Ftn Hills Medical Center Ll — Deed Of Trust · related —

    Description

    This exceptional Fountain Hills medical office campus offers 49,054 rentable square feet across three freestanding buildings. Located at 16838 E Palisades Blvd, Fountain Hills, AZ 85268, this Class B property, built in 1975, boasts a highly desirable location in Maricopa County. Currently, three individual spaces are available, ranging in size from 784 to 3,194 square feet, providing flexibility for various medical practices. The multi-tenant configuration allows for a diverse range of medical professionals to share the space. The campus benefits from its proximity to a wealth of retail amenities and restaurants, enhancing convenience for both tenants and patients. Enjoy stunning views of the iconic Fountain Hills fountain, adding to the property's unique appeal. The property's strategic location and ample space make it an ideal investment opportunity for medical professionals seeking a thriving practice environment in a highly sought-after area. The property is well-maintained and offers a comfortable and professional atmosphere. This is a rare opportunity to secure medical office space in a vibrant and established community. Contact us today to learn more about the available spaces and schedule a viewing.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,434,000
      Market price range: $2.08M - $9.43M
      AI Estimate
      $9,434,000
      Market price range: $2.08M - $9.43M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $11,490,000
      COMMERCIAL (GENERAL)
      $7,840,000
      RETAIL STORES
      $7,380,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Fountain Hills
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.717
    Latitude
    33.6084
    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
    $66,519
    $0.00
    $0.00
    $1,521,965
    -
    $2,398,400
    $6,862,695
    $9,261,095
    View Listing
    More about this property
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