Property profile

2600 Southern Ave 1 Tempe, AZ 85282

OFF-MARKET
Medical Office Space
Property ID
US07-0700298
3,810 SF 0.12 ac lot Built 1975
Entity Owned 16-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Southern Desert Medical Center offers exceptional office space in Maricopa County, Arizona. This multi-tenant building provides a variety of options to suit diverse business needs, with three available spaces ranging from a comfortable 800 square feet to a spacious 2,268 square feet. The property is ideally situated for convenient access to Loop 101, minimizing commute times for employees and clients alike. The building caters to a range of office styles, including medical, executive, co-working, creative, and traditional office setups, offering flexibility to accommodate various business models and preferences. Ample parking is available on-site, ensuring convenient access for staff and visitors. The landlord is known for their accommodating and flexible approach to lease terms, making this an attractive opportunity for businesses seeking a well-located, adaptable workspace. This is a fantastic chance to secure a prime office location in a thriving area with excellent transportation links and a collaborative atmosphere. The available spaces are ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1975
Construction CONCRETE
Total area 3,810 SF
Lot 0.12 ac (5,285 SF)
Zoning code RO
APN 134-41-468A
UPID US07-0700298

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician

Location

2600 Southern Ave, Unit 1 Tempe, AZ 85282-7610
Tempe metro Census 319404 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$524k
Blend (final) Blend
$310k

Owner & transaction history

since 2010
5 recorded transactions
2010
$200,000
2002
Price N/A
2002
$130,000
2001
$12,660
2000
$47,065

Zoning & alternative use

RO · Tempe, AZ
Zoning description

The R/O district allows professional and administrative services, live work, and limited retail uses on small parcels located between higher intensity commercial and multi use zones and residential zones.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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