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Financial
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Property profile

4530 East Ray Rd Phoenix, AZ 85044

FOR LEASE
Medical Office Space
Property ID
US07-0097876
47,945 SF 7.23 ac lot Built 1994
Last sale Dec 2022 · $17,057,484
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
4530 East Ray Rd, Phoenix, AZ 85044 For Lease
$24 SF/Yr 6,487 SF available
4530 East Ray Rd, Phoenix, AZ 85044
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Property summary

AI-generated overview

This exceptional medical office building, located at 4530 E Ray Rd in Phoenix, Arizona, presents a unique leasing opportunity. The property, known as Foothills Health Center, boasts a total of 45,130 square feet and sits on a generous 7.2-acre lot. Built in 1994 and renovated in 2001, the building offers ample parking with a ratio of 5.4 spaces per 1,000 square feet. Currently, there are 2,377 square feet of vacant, fully built-out clinical space available for lease, ideal for immediate…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$164k
Tax billed · 2023
Assessed value · 2024$2.84M
Effective rate5.77%

Value estimate

· Oct 2026
$18.00M
$16.20M – $19.80M
Submarket $/SF estimate$18.92M
NOI build-up
Gross scheduled income$171k
Vacancy & credit loss−$17k
Operating expenses−$62k
NOI · 385,329.17% cap applied$92k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 143 recorded sales of this use type
Observed band · Q1–Q3$157 – $395
Qualifying comparables7

Cap rate analysis

How does the asset earn?
385,329.17%
$92k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.9
Auto Parts Store17.7
Law Firm14.0

Location

4530 East Ray Rd Phoenix, AZ 85044
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10850 48th, Phoenix, AZ 85044-1701 $1,425,000 May 2025 3,521 SF
4425 Agave Rd, Phoenix, AZ 85044-0623 $1,325,000 Dec 2022 5,623 SF
4950 Elliot, Phoenix, AZ 85044-4306 $1,150,000 Nov 2021 6,001 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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