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    FOR LEASE
    Medical Office Space

    4501 W Indian School Rd, Phoenix, AZ 85031

    1,955 SF 0.13 ac lot Built 1962
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US07-2663733
    Property summary
    AI-generated overview

    This exceptional Phoenix commercial property presents a unique owner-user opportunity. Priced at $829,900, this 1,955 square foot Class B medical office building boasts a 100% occupancy rate, generating a current NOI of $75,000 and a pro-forma NOI of $144,000, representing a 9.04% cap rate and a pro-forma cap rate of 17.35%. Situated on a desirable 5,794 square foot corner lot at 4501 W Indian School Rd, Phoenix, AZ 85031 (APN 107-23-001), this single-story, 1962-built building features ample parking (10 spaces) and is zoned C-1. The interior offers a well-appointed reception area, private offices, and private restrooms, with high ceilings and tile flooring. Its prime location in a high-traffic area provides excellent visibility and accessibility to major roads, public transportation, and amenities. The established dental practice adds immediate income potential, making this a compelling investment for both business owners and investors seeking a strong return. The seller may offer owner financing. Don't miss this chance to acquire a thriving business and valuable real estate in a vibrant Phoenix neighborhood.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1962
    Construction CONCRETE
    Total area 1,955 SF
    Lot 0.13 ac (5,794 SF)
    Zoning code C-1
    APN 107-23-001
    UPID US07-2663733
    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
    • H & K Dental Center Dental Office
    • Dr. Hector M. Nunez, DDS Dental Office
    • 11hector Nunez Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    A To Z Dental PLLC · 1 yrs held
    A To Z Dental PLLC
    since 2024
    Last sale
    $75,000
    6 recorded transactions
    2024
    $650,000
    2023
    2011
    1993
    $75,000
    1969
    1969
    Zoning & alternative use
    C-1 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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