3004 68th St Scottsdale, AZ 85251-6804
- Office buildings
- 2,485 SF
- 0.13 lot acres
Jan 07, 2025
Current Use by Public Records
- Shiaras PC / Attorney
Property Details for 3004 68th St
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.13 lot acres
- Property size
- 2,485 SF
- Zone code
- S-R
- Property type
- Office buildings
- APN
- 130-09-017
- APU
- 13009017
Description
This single-story, 2,485 square foot freestanding office building is located in desirable South Scottsdale at 3004 N. 68th Street, AZ 85251. Built in 1973 with renovations in 2000 and 2008, the property sits on a large 10,920 square foot double lot and offers 11 parking spaces (eight covered). The building features a reception area, six large executive offices, a central workspace, a galley kitchen, and two half-bathrooms. Zoned S-R, C-1, it's ideally suited for professional use. The asking price is $950,000 ($382.29/sq ft), and the property is offered as an owner/user opportunity. This is a 1031 exchange opportunity, with the seller facilitating the exchange at no cost to the buyer. The property enjoys excellent access to major roadways, including the Loop 101 Freeway, and is surrounded by a thriving neighborhood with new developments, coffee shops, restaurants, and remodeled residential properties. The property's APN is 130-09-017, 130-08-018.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $700,000
- 6.5%
- $645,000
- 7%
- $600,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $653,000
- AI Estimate
- $604,000
Market price range: $653k - $1.40MMarket price range: $604k - $1.38M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $935,000 Current use
- COMMERCIAL (GENERAL)
- $1,215,000 Change: +30% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,025,000 Change: +9% Conversion: Difficult
- MEDICAL BUILDING
- $870,000 Change: -7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.935
- Latitude
- 33.482
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA