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1802 E Thomas Rd Phoenix, AZ 85016
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Property profile & analytics

1802 E Thomas Rd Phoenix, AZ 85016


  • Office buildings
  • 14,385 SF
  • 1.13 lot acres
Phoenix Office Building For Rent For Sale
$2,630,000
15,510 SF

Phoenix Office Building For Rent

15,510 SF office building with parking and signage.

1802 E Thomas Rd, Phoenix, AZ
View Listing
Property ID
US07-0164975
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

  • Gary W. Diekmann, DC / Alternative Medicine Practice
  • Flanagan Judy / Law Firm
  • Munoz Josue A / Law Firm
  • Arizona Interfaith Network / Social Service Agency / Charitable Organization
  • Westways Staffing Services / Employment Agency

Property Details for 1802 E Thomas Rd

Year built
1973
Construction
CONCRETE
Lot size
1.13 lot acres
Property size
14,385 SF
Zone code
R-5
Property type
Office buildings
APN
119-34-005
APU
11934005

Description

This exceptional 15,510-square-foot medical office building in Phoenix, Arizona, presents a unique investment opportunity. Situated on a 1.13-acre lot at 1802 E Thomas Rd, zip code 85016, this single-tenant property boasts a prime location, offering convenient access to State Route 51, ensuring easy commutes throughout the Phoenix metropolitan area. Built in 1973, the property comprises two single-story buildings, providing ample space for a variety of medical or office uses. The building features 76 total parking spaces, ensuring convenient parking for staff and patients. Its prominent location on Thomas Road offers excellent visibility with monument signage opportunities. The property's proximity to major medical facilities, including the Phoenix Children's Hospital Main Campus and Abrazo Heart Hospital, makes it an ideal location for medical practices seeking a strong presence in a thriving healthcare hub. The entire 15,510 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The property's APN is 119-34-005, and it is located in Maricopa County. This is a rare opportunity to acquire a well-positioned medical office building in a high-demand area.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,645,000
    Market price range: $1.42M - $5.58M
    AI Estimate
    $2,616,000
    Market price range: $876k - $5.58M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $3,740,000
    Current use
    RETAIL STORES
    $3,985,000
    Change: +7% Conversion: Moderate
    MEDICAL BUILDING
    $3,820,000
    Change: +2% Conversion: Easy
    WAREHOUSE, STORAGE
    $3,735,000
    Change: -0% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $3,660,000
    Change: -2% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.043
Latitude
33.4808
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
$0.00
$0.00
$0.00
$256,280
-
$949,200
$759,333
$1,708,533
View Listing
More about this property
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