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Property profile & analytics
OFF-MARKET
Estimated value
$7,310,000
Medical Office Space
4524 Maryvale Pkwy, Phoenix, AZ 85031-1730
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0816204
Property summary
AI-generated overview
This exceptional opportunity presents itself in the form of available medical office suites at the Medical Arts Plaza, a Class A building situated in Northwest Phoenix, Arizona. The property, located at 4524 N Maryvale Pkwy, Phoenix, AZ 85031, boasts a total of 24,406 square feet across two stories, built in 2002. The building is conveniently located near N Maryvale Pkwy and offers ample parking with 216 spaces. Two elevators serve the building's tenants. Currently, there are 11,547 square feet of vacant space available, divisible into units ranging from a minimum of 1,880 square feet to a maximum contiguous space of 9,667 square feet. The property sits on 3.43 acres of land and is zoned C. Its Maricopa County location (APN 144-44-002Z) provides easy access to a growing community. The building features modern infrastructure and is ideal for physicians and specialists seeking to establish or expand their practices. The property offers significant advantages for healthcare professionals serving this area.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Construction
CONCRETE
Total area
23,906 SF
Lot
3.43 ac (149,411 SF)
Zoning code
R-5
APN
144-44-002Z
UPID
US07-0816204
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
-
Dr. Roberto Bracamonte Physician
-
Dr. Dennis Mccracken Pediatrician Physician
-
Worrell Nikkia H MD Physician
-
Arizona's Children Association Charitable Organization Social Service Agency
-
Karthik Raghavan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.42M
Blend (final)
Blend
$7.31M
Owner & transaction history
Oneida Ents III LLC · 9 yrs held
Oneida Ents III LLC
since 2017
5 recorded transactions
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.1M
+59.2%
Office building
$7.2M
+13.1%
Retail stores
$7.1M
+12.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,345,000
Current use
AUTO REPAIR, GARAGE
$10,100,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$7,175,000
Change: +13% · Conversion: Easy
RETAIL STORES
$7,125,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,205,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,085,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$7.31M
Range $6.58M – $8.04M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$306 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$105,396
Tax year 2023
Assessed value
$939,288
Assessed 2024
Previous assessed
$839,120
+11.9% YoY
Effective rate
11.22%
On assessed value
Land market value
$988,100
Improvement market value
$4,704,555
Total market value
$5,692,655
Applied tax rate
831,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
2
Total area
23,906 SF
Lot
3.43 ac (149,411 SF)
Zoning code
R-5
APN
144-44-002Z
UPID
US07-0816204
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Phoenix, AZ
Zoning R-5 · permitted uses
R-5 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$10.1M
OFFICE BUILDING
Est. value
$7.2M
RETAIL STORES
Est. value
$7.1M
WAREHOUSE, STORAGE
Est. value
$6.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
3.43 ac
Current owner
From public records · entity-resolved
Oneida Ents III LLC
Entity
Mailing address
2122 E HIGHLAND AVE STE #450, PHOENIX, AZ 85016-4719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2017
—
Oneida Ents III LLC
—
Deed
related
$2,375,000 · Keypoint Cu
Jun 17, 2013
—
Vhs Acquisition Corp
—
Deed Of Trust
related
$300,000,000 · Bank Of America
—
—
Oneida Ents III LLC
—
Deed Of Trust
related
$2,700,000 · Berkshire Life Ins Co America
—
—
Vhs Acquisition Corp
—
Deed Of Trust
related
$105,000,000 · Bank Of America
—
—
Oneida Ents III LLC
—
Deed Of Trust
related
$2,375,000 · Keypoint Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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