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    4530 East Ray Rd Phoenix, AZ 85044
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    Property profile & analytics

    4530 East Ray Rd, Phoenix, AZ 85044

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    • Medical Office Space
    • 47,945 SF
    • 7.23 lot acres
    Medical Office Space Available For Lease
    $24 SF/Yr
    6,487 SF

    Medical Office Space Available

    Medical office space in Ahwatukee Foothills area for lease.

    4530 East Ray Road, Phoenix, AZ 85044
    View Listing
    Property ID
    US07-0097876
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $18,000,000
    Cap Rate Potential
    3.7%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Tooth Gym - Ahwatukee / Dental Office
    • Maricopa Obstetrics and Gynecology Associates / Medical Clinic
    • Arizona Diagnostic Radiology / Medical Clinic
    • Staci A. Mayer, MD, FACOG / Physician
    • AZ Health Centers, PLLC / Physician

    Property Details for 4530 East Ray Rd

    Year built
    1994
    Construction
    CONCRETE
    Lot size
    7.23 lot acres
    Zone code
    C-2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    301-58-901D
    APU
    30158901D

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 12, 2022 $17,057,484 Wsh Az Foothills LLC Foothills Medical Properties LP Special Warranty Deed $89.7M · Capital One Bank NA
    Aug 1, 2017 $12,087,675 Foothills Medical Props LP United Ins Co Of America Grant Deed $9.2M · Barclays Bk/plc
    Jun 23, 2004 $10,000,000 United Insurance Co Foothills Medical Building Grant Deed —
    Jun 23, 2004 $1,675,000 United Insurance Co Foothills Medical II Ll Cg Grant Deed —

    Description

    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 occupancy. The available space is divisible, with options ranging from approximately 2,662 to 3,825 square feet. The property is zoned C-2, Phoenix, and its Maricopa County APN is 301-58-901D. This prime location in Phoenix, AZ 85044 offers excellent visibility and accessibility. The building's modern design and convenient amenities make it an attractive option for medical professionals seeking a well-established and functional workspace. The property is perfect for a variety of medical practices seeking expansion or relocation. Don't miss this chance to secure your ideal medical office space in a thriving Phoenix location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $18,395,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $18,917,000
      Market price range: $7.55M - $18.9M
      AI Estimate
      $18,569,000
      Market price range: $7.12M - $18.6M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $12,725,000
      Current use
      RESTAURANT
      $25,605,000
      Change: +101% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $20,260,000
      Change: +59% Conversion: Difficult
      RETAIL STORES
      $14,285,000
      Change: +12% Conversion: Difficult
      WAREHOUSE, STORAGE
      $12,445,000
      Change: -2% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $12,205,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.986
    Latitude
    33.3209
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $164,053
    $0.00
    $0.00
    $2,843,169
    -
    $6,771,800
    $10,459,528
    $17,231,328
    View Listing
    More about this property
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