3815 Bell Rd, Phoenix, AZ 85032-2122
- Medical Office Space
- 127,252 SF
- 0.89 lot acres
Current Use by Public Records
- Aspire Clinical Studies / Research Institute / Medical Center
- Dr. Donald L. Lamm, MD / Physician / Medical Clinic
- Anaszi Internal Medicine Research / Medical Clinic
- Arizona Digestive Health: Phoenix - 40th St/Bell / Physician
- Lory E. Baraz, MD / Physician
Property Details for 3815 Bell Rd
- Year built
- 2006
- Construction
- STEEL FRAME
- Lot size
- 0.89 lot acres
- Zone code
- C-2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 214-33-152B
- APU
- 21433152B
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 24, 2024 | $36,000,000 | Vpu Paradise Valley II LLC | East Bell Road Mob LLC | Special Warranty Deed | — |
| Jun 19, 2008 | — | Valley Integrated Med Paradise | Owner Name Unavailable | Grant Deed · related | — |
| Feb 8, 2007 | — | Vhs Acquisition Subsidiary Num | Owner Name Unavailable | Grant Deed · related | — |
Description
This exceptional Class A medical office building, Physicians Medical Plaza of Scottsdale, presents a unique investment opportunity in the thriving Phoenix market. Located at 3815 E Bell Rd, Phoenix, AZ 85032 (near 40th Street), this single, four-story building boasts a total of 122,063 square feet, currently offering 36,459 square feet of vacant space. Built in 2006, the property features a convenient onsite parking garage. The building is categorized as a multi-tenant property, with seven available spaces ranging from 1,354 to 12,149 square feet, ideal for a variety of medical practices. Its prime location in Maricopa County ensures high visibility and accessibility for patients and staff. The building's proximity to a short-term acute care hospital providing specialized healthcare services, including orthopedics, rehabilitation, diagnostic imaging, urology, and gynecology, further enhances its appeal. This hospital is an accredited Chest Pain Center and offers Da Vinci Robotic Surgery, attracting a large network of over 600 affiliated physicians and generating over $349 million in gross patient revenue. This presents a compelling opportunity to establish or expand a medical practice within a well-established and high-demand medical corridor. The property's strong fundamentals and strategic location make it an attractive investment for discerning buyers seeking a high-quality medical office asset in a rapidly growing market.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $38,839,000
- AI Estimate
- $37,722,000
Market price range: $20.0M - $50.2MMarket price range: $18.9M - $49.3M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $33,780,000 Current use
- AUTO REPAIR, GARAGE
- $53,770,000 Change: +59% Conversion: Difficult
- OFFICE BUILDING
- $38,480,000 Change: +14% Conversion: Easy
- RETAIL STORES
- $35,725,000 Change: +6% Conversion: Difficult
- WAREHOUSE, STORAGE
- $33,025,000 Change: -2% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $32,390,000 Change: -4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.999
- Latitude
- 33.6385
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
