1735 Bell Rd Phoenix, AZ 85023-3413
- Banks
- 6,332 SF
- 0.92 lot acres
Current Use by Public Records
- Top insurance Co / Insurance Agency
Property Details for 1735 Bell Rd
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 0.92 lot acres
- Property size
- 6,332 SF
- Zone code
- C-C
- Property type
- Banks
- APN
- 208-13-010F
- APU
- 20813010F
Description
This exceptional 6,333-square-foot commercial property, located at 1735 W Bell Rd in Phoenix, Arizona, presents a unique investment opportunity. Previously a bank, this single-tenant building offers a versatile layout ideal for executive offices or other commercial uses. The property boasts a convenient drive-thru, a significant advantage for businesses requiring efficient client interaction or streamlined operations. Situated on a 0.92-acre lot, the ample space provides significant potential for expansion or outdoor amenities. The building's zoning is Commercial (C-2, Phoenix), allowing for a wide range of permitted uses within Maricopa County. The entire 6,333 square feet is currently vacant, providing immediate occupancy for a new tenant. This property is an excellent choice for businesses seeking a prominent location in a thriving area of Phoenix, with easy access to major transportation routes. The building's previous use as a bank suggests a robust infrastructure and secure design. The property's size and location make it an attractive option for a variety of businesses seeking a high-visibility presence in a busy commercial corridor. The 85023 zip code offers excellent access to a diverse workforce and a strong consumer base. This is a rare opportunity to acquire a well-located, spacious commercial property with a unique drive-thru feature.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,190,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,275,000
- 6.5%
- $2,255,000
- 7%
- $2,170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,770,000
- Geo Method
- $1,925,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,000,000
- Retail
- $1,840,000
- Mixed-Use
- $2,285,000
- Hospitality
- $1,840,000
- Educational
- $2,240,000
- Residential Income
- $2,150,000
- Energy
- $1,860,000
- Income-Based Land
- $1,860,000
- Food Service
- $2,035,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.097
- Latitude
- 33.6397
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
