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Property profile & analytics
OFF-MARKET Estimated value $1,445,000
Medical Office Space

1701 Glendale Ave Phoenix, AZ 85021-9701

6,441 SF 0.55 ac lot Built 1971
Entity Owned ~ Est. High Equity
Property ID
US07-2788021
Property summary
AI-generated overview

This exceptional single-tenant medical office building presents a unique investment opportunity. The property, totaling 6,411 square feet, is classified as Class C and was constructed in 1971. The building is a single-story structure, offering convenient access and functionality. Currently, 2,500 square feet of space is available for lease, representing a significant portion of the building's total area. The existing tenant occupies 1,900 square feet, demonstrating the suitability of the space for medical practices. The property's existing build-out as a fully equipped dental office provides a significant advantage for prospective tenants seeking a move-in ready space, minimizing upfront capital expenditures. This ready-to-occupy space eliminates the need for extensive renovations, allowing for a swift and efficient transition. The property's location offers convenient access and ample parking (details not provided). The 2,500 square feet of vacant space presents a compelling opportunity for expansion or a new medical practice seeking a well-established location. This property is ideal for a variety of medical professionals seeking a functional and established space. Serious inquiries are encouraged to explore this promising investment opportunity.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Construction CONCRETE
Total area 6,441 SF
Lot 0.55 ac (24,100 SF)
Zoning code R-5
APN 156-44-001
UPID US07-2788021
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sonrisa Dental Dental Office
  • Dr. Pedro Barney Pediatrician Medical Clinic
  • Providence General Medicine Medical Clinic
  • Brewster Rex E DDS Dental Office
  • Sicalo, Gerardo, Md Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.45M
Owner & transaction history
1701 West Glendale LLC
1701 West Glendale LLC
since 2025
Last sale
$1.2M
7 recorded transactions
2025
$1.2M
2008
Price N/A
2008
$800,000
2004
$862,000
1999
Price N/A
1999
$555,000
1994
Price N/A
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

Zone name Multifamily Residence Restricted Commercial
General category COMMERCIAL
Zone area 4,750.37 ac
Source Realmo
Top alternative use upside
Office building $2.3M +36.4%
Retail stores $1.9M +12.3%
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