3201 Peoria Ave Phoenix, AZ 85029
- Medical offices
- 4,928 SF
- 5.76 lot acres
Current Use by Public Records
- Desert Dentistry / Dental Implants Periodontist / Dental Clinic
- CareATC / Medical Clinic
- Daniel Van Voorst, PT / Physical Therapist / Physical Therapy Clinic
- Arizona HOA Management / Consultant
- Stamp Medical / Medical Clinic / Medical Center
Property Details for 3201 Peoria Ave
- Year built
- 1979
- Construction
- CONCRETE
- Lot size
- 5.76 lot acres
- Property size
- 4,928 SF
- Zone code
- C-O
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 149-15-134
- APU
- 14915134
Description
This exceptional Metro Phoenix office building, Metro Medical Plaza, offers a diverse range of spaces ideal for various business needs. Located at 3201 W Peoria Ave, Phoenix, AZ 85029, this Class B property boasts a total of 54,430 square feet across one building. The building, constructed in 1979, is conveniently situated near the intersection of 32nd Lane and Peoria Avenue, offering easy access to Interstate 17. Its zoning (C-O, Phoenix) allows for a variety of uses. The property is currently available for multiple tenants, with spaces ranging from a minimum of 1,061 square feet to a maximum contiguous space of 6,839 square feet. The building's strategic location adjacent to the Metro Center Mall Redevelopment makes it a highly desirable location for businesses seeking high visibility and convenient access to amenities. This versatile property is suitable for medical offices, traditional office spaces, and coworking arrangements, providing flexibility for a wide range of tenants. The property is located in the Metro Phoenix submarket.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,495,000
- 6.5%
- $7,240,000
- 7%
- $6,465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,965,000
- Geo Method
- $6,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,230,000
- Retail
- $6,290,000
- Mixed-Use
- $6,990,000
- Hospitality
- $6,520,000
- Educational
- $7,110,000
- Residential Income
- $7,665,000
- Energy
- $6,920,000
- Income-Based Land
- $6,015,000
- Food Service
- $7,715,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.129
- Latitude
- 33.5812
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
