1838 W Parkside Ln Phoenix, AZ 85027
Property profile & analytics
1838 W Parkside Ln Phoenix, AZ 85027
- Office buildings
- 24,800 SF
- 1.50 lot acres
Property ID
US07-0092088
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.
Location Intelligence
Current Use by Public Records
- Adrian's Best Heating & Cooling LLC / HVAC Service / General Contractor
- Christopher Ray Ellis / Physician
- Jennifer Mcclendon / Physician
- Trailhead Physical Therapy and Sports Medicine / Physician
- Family First Intervention - Arizona / Medical Clinic
Property Details for 1838 W Parkside Ln
- Year built
- 2006
- Construction
- CONCRETE
- Lot size
- 1.50 lot acres
- Property size
- 24,800 SF
- Zone code
- IND.PK.
- Property type
- Office buildings
- APN
- 209-02-107
- APU
- 20902107
Description
This exceptional two-story, 28,479 square foot executive office building in Phoenix, Arizona's desirable Deer Valley submarket, presents a compelling investment opportunity. Boasting a 6.95% cap rate and 100% occupancy, the property is fully leased to six high-quality tenants, including Answers Aerospace, Ament Professional Services, and others. Built in 2006, the building sits on a 1.5-acre lot and features 91 parking spaces, including covered options, with a parking ratio of 3.20 per 1,000 square feet. The property benefits from a prominent location near Phoenix Deer Valley Airport, I-17, and Loop 101, surrounded by corporate neighbors and retail amenities. The building offers monument signage for tenants and modified gross leases where tenants cover utilities and janitorial services. The property is zoned IND PK, Phoenix, and is offered fee simple. With a strong in-place income stream and potential for value-add opportunities, this is an ideal investment for discerning buyers. The asking price is $5,150,000, with a price per square foot of $180.84. The Net Operating Income (NOI) is $357,676.91. The property's address is 1838 W Parkside Ln, Phoenix, AZ 85027, with cross streets of Parkside Lane and 19th Avenue. The APN is 209-02-107.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,281,000
- AI Estimate
- $7,281,000
Market price range: $3.69M - $13.1MMarket price range: $3.69M - $13.1M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $9,205,000 Current use
- AUTO REPAIR, GARAGE
- $10,480,000 Change: +14% Conversion: Difficult
- RETAIL STORES
- $7,390,000 Change: -20% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.099
- Latitude
- 33.6953
- 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
$63,152
$0.00
$0.00
$774,682
-
$1,250,700
$3,444,340
$4,695,040
