4501 W Indian School Rd Phoenix, AZ 85013
- Medical offices
- 1,955 SF
- 0.13 lot acres
Current Use by Public Records
- H & K Dental Center / Dentist
- Dr. Hector M. Nunez, DDS / Dentist
- 11hector Nunez / Dentist
Property Details for 4501 W Indian School Rd
- Year built
- 1962
- Construction
- CONCRETE
- Lot size
- 0.13 lot acres
- Property size
- 1,955 SF
- Zone code
- C-1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 107-23-001
- APU
- 10723001
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $95,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.156
- Latitude
- 33.4947
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA