16848 Palisades Blvd Fountain Hills, AZ 85268-3845

This 7,213 square foot medical office building sits on a 1.98-acre lot in Fountain Hills, Arizona, and is currently vacant. Built in 1996, the single-story building is zoned C-2, allowing for a multitude of uses. The property boasts excellent access with ingress/egress from the south, west, and east. The well-maintained building and land offer significant potential. Allowable building area could expand to approximately 42,750 square feet, with a height of up to 60 feet. The property benefits from its location near significant developments, including the approved 316-unit multifamily redevelopment at Village at Four Peaks, the 1,230-unit mixed-use Park Place at Fountain Hills project (with two additional phases approved), and the recently-commenced $25 million International Dark Sky Discovery Center (approximately 23,000 square feet). The area also features a high average household income of $123,766 within a 5-mile radius and proximity to national retailers such as Basha's, Safeway, Ace Hardware, Fountain Hills Medical Campus, and Dutch Bros. The asking price is $1,900,000, or $263 per square foot. The property's address is 16848 E Palisades Blvd, Fountain Hills, AZ 85268.