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Property profile & analytics
FOR SALE
Office buildings

4801 E Mcdowell Rd 255 Phoenix, AZ 85006

9,842 SF 1.03 ac lot Built 1982
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-0176979
Property summary
AI-generated overview

This 1,482 square foot office condominium, located at 4801 E McDowell Rd, Phoenix, AZ 85008, is a mixed-use property perfect for owner-users. Recently renovated in 2023 with $1.5 million in upgrades, including a new roof, HVAC system, and parking lot, this unit boasts a modern design within a timeless mid-century modern building. The building itself totals approximately 21,884 square feet and features a multi-tenant layout, ideal for both medical and creative office uses. Situated in a prime location at the intersection of 48th Street and McDowell Road, the property offers excellent visibility and convenient access to major freeways. Its proximity to six hospitals within a six-mile radius makes it particularly attractive for medical professionals. The C-2 zoning permits a variety of uses. Built in 1982, this unit offers an updated space with modern amenities. The average suite size in the building is approximately 3,126 square feet, making this a cost-effective option for smaller tenants. This is an exceptional opportunity to own a piece of Phoenix's thriving business district. The asking price is $392,730.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction CONCRETE
Total area 9,842 SF
Lot 1.03 ac (44,823 SF)
Zoning code C-2
APN 125-13-040D
UPID US07-0176979
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
  • Starmaker Models Talent Marketing & Advertising Employment Agency
  • Phoenix Tattoo Removal and Skin Revitalization Tattoo & Piercing Shop Skin Care Clinic
  • Omni Dermatology, Inc. Physician Medical Clinic
  • Phoenix Autism Center - ABA Therapy for Autism Medical Clinic
  • Jeffrey Dickman, DO Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
4801 East 210 LLC · 1 yrs held
4801 East 210 LLC
since 2025
Last sale
$389,000
7 recorded transactions
2025
$389,000
2024
$1.7M
2024
$965,000
2022
$2.6M
2021
$2.1M
2018
Price N/A
2017
Price N/A
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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