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    FOR SALE
    Day care centers

    4302 N 32Nd St, Phoenix, AZ 85018

    1,720 SF 0.5 ac lot Built 1945
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US07-3446995
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 4302 N 32nd Street in Phoenix's coveted Arcadia area, presents a unique investment opportunity. The property encompasses a half-acre lot and features three buildings totaling over 2,800 square feet of usable space. The main building offers 1,984 square feet, while two additional buildings provide 440 and 412 square feet respectively, ideal for businesses requiring multiple offices or separate functional areas. The C-O zoning allows for a variety of uses, including medical offices, legal practices, financial services, banks, business schools, and limited retail establishments. Its prominent location on 32nd Street ensures high visibility and easy accessibility for clients and employees. The property boasts well-maintained exteriors and landscaping, creating a professional and inviting atmosphere. Ample parking is available, catering to the needs of tenants and visitors. This versatile property is perfectly situated between commercial and residential areas, offering a blend of accessibility and a desirable neighborhood setting. The flexible zoning and prime location make this a standout investment for business owners, developers, or investors seeking a strong presence in the thriving Arcadia market. The asking price is $2,000,000. This property is also available for rent.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1945
    Construction STEEL FRAME
    Total area 1,720 SF
    Lot 0.5 ac (21,867 SF)
    Zoning code C-T
    APN 163-03-128
    UPID US07-3446995
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lambs and Ivy Childcare Daycare Center
    • Arcadia Living Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $702k
    Blend (final) Blend
    $695k
    Owner & transaction history
    Campbell Avery LLC · 14 yrs held
    Campbell Avery LLC
    since 2011
    4 recorded transactions
    2011
    $170,000
    2006
    $710,000
    2006
    2006
    $625,000
    Zoning & alternative use
    C-T · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $725,000 +46.9%
    Office building $695,000 +40.8%
    Retail stores $515,000 +3.6%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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