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Property profile & analytics
FOR LEASE
Medical Office Space

4921 E Bell Rd Scottsdale, AZ 85254

22,508 SF 2.67 ac lot Built 1989
Entity Owned 7-yr Hold Free & Clear
Property ID
US07-0397943
Property summary
AI-generated overview

This exceptional Class B office building, located at 4921 E Bell Rd in Scottsdale, Arizona, presents a compelling investment opportunity. The property boasts a total of 32,009 square feet, divided into two suites. Currently, 2,723 square feet are available for lease or purchase, offering immediate occupancy potential. The building is conveniently situated in Maricopa County, with easy access to Loop 101 and the 51 freeways, ensuring excellent connectivity. Its strategic location near Paradise Valley Hospital and the Mayo Clinic, coupled with proximity to major retail centers, guarantees high visibility and significant foot traffic. The property features ample parking with a generous ratio of 5.1 spaces per 1,000 square feet. An elevator is available for convenient access to all floors. The C-1 zoning provides flexibility for a variety of uses. Monument signage opportunities further enhance the property's marketing potential, making it an ideal location for businesses seeking high visibility and convenient access to key amenities and transportation routes. The building's executive and medical office subtypes cater to a diverse range of potential tenants. This is a rare opportunity to acquire a well-located, versatile office building in a thriving Scottsdale market. The available space presents a chance to establish a strong presence in a high-demand area.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1989
Construction CONCRETE
Total area 22,508 SF
Lot 2.67 ac (116,318 SF)
Zoning code C-1
APN 215-32-113G
UPID US07-0397943
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
  • ANN HAMMI BLUE, DDS, MS, PC Dental Office
  • 49 Bells Dental Dental Office
  • Leighton David PHD Physician Medical Clinic
  • Southwestern Eye Center Medical Clinic Ophthalmologist
  • Bell Road Chiropractic/Wellns Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.04M
Blend (final) Blend
$8.95M
Owner & transaction history
Tatum Invs Ptrs I LLC · 7 yrs held
Tatum Invs Ptrs I LLC
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2013
$2.0M
2007
Price N/A
2005
$5.9M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Service Residential (S-R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (C-3) General Commercial (C-4) Support Services (S-S) Commercial Office (C-O) Planned Regiona…

Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 100.10 ac
Source Zoning Ordinance Interpretations
Top alternative use upside
Commercial (general) $11.0M +40.0%
Retail stores $10.4M +31.8%
Auto repair, garage $9.3M +17.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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