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4032 N Miller Rd Scottsdale, AZ 85251

Office buildings Google Maps
6,488 SF 0.16 ac lot Built 2003
Individually Owned 10-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$465k
Range $419k – $512k (±10%)
Property ID US07-1030069

Property summary

AI-generated overview

This exceptional freestanding retail and office building, located at 4032 N Miller Road in Scottsdale, Arizona, presents a unique opportunity for businesses seeking versatile space. Built in 2006, the single-story, Class C property offers a total of three available spaces ranging from 710 square feet to 2,067 square feet, perfect for a variety of uses. The building's convenient location at the intersection of Miller Road and Indian School Road ensures high visibility and accessibility. The property is zoned C-2 and DO City of Scottsdale, allowing for a range of commercial activities. The building's single-story design provides easy access and efficient use of space. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located space in a thriving Scottsdale commercial area. The property's multiple tenancy allows for flexibility in lease terms and space requirements. The address is 4032 N Miller Rd, Scottsdale, AZ 85251. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Scottsdale market. The property's traditional office subtype provides a functional and adaptable workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction STEEL FRAME
Total area 6,488 SF
Lot 0.16 ac (7,175 SF)
Zoning code C-2
APN 130-25-086
UPID US07-1030069

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
  • Alternative Medicine Practice
  • Law Firm
  • Engineering Consultant
  • Pharmacy
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$465k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2016
$3.3M
2000
$755,000
1994
Price N/A

Zoning & alternative use

C-2 · Scottsdale, AZ
Zoning description

R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $2.7M +9.5%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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