3150 7th St Phoenix, AZ 85014-5403
- Office buildings
- 3,606 SF
- 0.33 lot acres
Mar 11, 2024
Current Use by Public Records
- Dr. Tina Keyhani / Dental Office
- Wisdom Tooth Only / Dental Office
- Dr. Jaleh Keyhani / Dental Office
Property Details for 3150 7th St
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.33 lot acres
- Property size
- 3,606 SF
- Zone code
- R-5
- Property type
- Office buildings
- APN
- 118-22-045
- APU
- 11822045
Description
This 3,717 square foot, Class B medical office building, located at 3150 N. 7th Street in Phoenix, Arizona (85014), is available for $1,399,000 ($376.38/sq ft). The property, built in 1973 and renovated in 2021, sits on a 0.33-acre lot and is currently vacant, with an occupancy date of April 2, 2024. This single-story, freestanding building offers an excellent opportunity for a small business owner-user. Its convenient Midtown Phoenix location provides easy access to numerous amenities. The property features R-5 zoning and the APN is 118-22-045. The building is move-in ready, representing a compelling investment opportunity in a thriving area. This is a prime location for medical professionals seeking a well-maintained, owner-occupied space. The building's recent renovation ensures modern functionality and aesthetics. The property's size and location make it ideal for a variety of medical practices. The vacant status allows for immediate occupancy and customization to suit specific business needs. This is a rare opportunity to acquire a well-located, owner-user medical office building in a desirable Phoenix neighborhood.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,395,000
- AI Estimate
- $1,323,000
Market price range: $536k - $1.46MMarket price range: $461k - $1.40M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $955,000 Current use
- AUTO REPAIR, GARAGE
- $1,525,000 Change: +60% Conversion: Difficult
- RETAIL STORES
- $1,075,000 Change: +13% Conversion: Moderate
- MEDICAL BUILDING
- $955,000 Change: +0% Conversion: Easy
- WAREHOUSE, STORAGE
- $935,000 Change: -2% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $920,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.065
- Latitude
- 33.4854
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA