Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1802 Parkside Ln Phoenix, AZ 85027-1322
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1802 Parkside Ln Phoenix, AZ 85027-1322

    View on Map
    • Office buildings
    • 7,913 SF
    • 3.46 lot acres
    Off-Market
    Property ID
    US07-0344768
    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
    $4,170,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lisa Hobbs / Physician
    • Valerie E. Pieraccini, OTR / Physician
    • Atalie Ho Lem / Physician
    • UCP of Central Arizona / Social Service Agency
    • Dolores A. Keech, Cota / Physician

    Property Details for 1802 Parkside Ln

    Year built
    2002
    Construction
    CONCRETE
    Lot size
    3.46 lot acres
    Property size
    7,913 SF
    Zone code
    IND.PK.
    Property type
    Office buildings
    APN
    209-02-148
    APU
    20902148

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,171,000
      Market price range: $1.18M - $4.17M
      AI Estimate
      $4,171,000
      Market price range: $1.18M - $4.17M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,935,000
      Current use
      COMMERCIAL (GENERAL)
      $5,510,000
      Change: +88% Conversion: Easy
      RESTAURANT
      $4,225,000
      Change: +44% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,345,000
      Change: +14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.098
    Latitude
    33.6958
    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
    2022
    $61,223
    $0.00
    $0.00
    $1,024,486
    -
    $1,999,600
    $4,830,307
    $6,829,907

    Comparable in this City

    • Value Estimation
      $1,000,000
      1,893 SF

      2702 Yorkshire Dr

      OFFICE BUILDING • 1,893 SF
      2702 Yorkshire Dr, Phoenix, AZ 85027-3939
      View Details
    • Value Estimation
      $3,980,000
      7,550 SF

      21445 27th Ave

      OFFICE BUILDING • 7,550 SF
      21445 27th Ave, Phoenix, AZ 85027-2499
      View Details
    • Value Estimation
      $1,955,000
      13,166 SF

      320 Lone Cactus Dr Ste, Unit 10

      OFFICE BUILDING • 13,166 SF
      320 Lone Cactus Dr Ste, Phoenix, AZ 85027-2919
      View Details
    • Value Estimation
      $1,955,000
      13,166 SF

      320 Lone Cactus Dr Ste, Unit 10

      OFFICE BUILDING • 13,166 SF
      320 Lone Cactus Dr Ste, Phoenix, AZ 85027-2919
      View Details
    • Value Estimation
      $1,445,000
      9,713 SF

      23027 15th Ln Ste B

      OFFICE BUILDING • 9,713 SF
      23027 15th Ln Ste B, Phoenix, AZ 85027-1340
      View Details
    • Value Estimation
      $15,425,000
      63,686 SF

      21030 19th Ave

      OFFICE BUILDING • 63,686 SF
      21030 19th Ave, Phoenix, AZ 85027-2701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      45,189 SF

      Phoenix Single-Story Boutique Office Asset

      Single-story boutique office building in Phoenix's Deer Valley area.
      19810 N 7Th Ave, Phoenix, AZ 85027
      View Details
    • Contact for pricing
      4,800 SF

      Upgraded Office Condo For Sale

      Well-maintained office condo with mezzanine level and upgraded finishes.
      2222 Parkside Ln, Phoenix, AZ 85027
      View Details
    • Contact for pricing
      2,264 SF

      Medical Office Condo For Sale

      Medical office condo available for sale near I-17.
      20045 N 19Th Ave, Phoenix, AZ 85027
      View Details
    • Contact for pricing
      18,059 SF

      Phoenix Medical Campus for Sale

      Three-building medical campus 100% leased in Phoenix metropolitan area.
      2915 W Rose Garden Ln, Phoenix, AZ 85027
      View Details
    • Contact for pricing

      6.08 AC Land For Sale

      6.08 AC of land available for sale.
      2101 W Pinnacle Peak Rd, Phoenix, AZ 85027
      View Details
    • Contact for pricing
      25,880 SF

      Phoenix Industrial Building For Sale

      25,880 SF industrial building on 1.51 acres.
      1654 W Knudsen Dr, Phoenix, AZ 85027
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Union Hills Office Plaza

      Office building with easy access to freeways and amenities.
      2550 W Union Hills Dr, Phoenix, AZ 85027
      View Details
    • Contact for pricing

      Class A Office Space

      Multi-tenant Class A office building with 77,037 square feet.
      19820 N 7Th St, Phoenix, AZ 85027
      View Details
    • Contact for pricing
      1,864 SF

      Class A Office Building

      Two-story office building in Deer Valley submarket available for lease.
      2730 W Agua Fria Fwy, Phoenix, AZ 85027
      View Details
    • Contact for pricing
      41,070 SF

      Phoenix Office Park with Flex Offices

      Four-building office park offering flex offices and drive-up access.
      2001 W Pinnacle Peak Rd, Phoenix, AZ 85027
      View Details
    • Contact for pricing

      Flex Space with Warehouse Component

      3,330 SF flex space featuring office and warehouse areas.
      23005 N 15Th Ave, Phoenix, AZ 85027
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1802 Parkside Ln
    Phoenix, AZ 85027-1322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!