For Lease
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Property summary
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
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Phoenix, AZThe purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Phoenix, AZ.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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