5115 Central Ave Phoenix, AZ 85012-1478
Property profile & analytics
5115 Central Ave Phoenix, AZ 85012-1478
- Medical Office Space
- 6,643 SF
- 0.98 lot acres
Property ID
US07-2534440
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.
Location Intelligence
Current Use by Public Records
- Herro Ellison F MD / Physician
- Herro Medical Center / Physician
- Allergy Affiliated / Medical Clinic
- Surgi-Care / Medical Clinic / Hospital
Property Details for 5115 Central Ave
- Year built
- 1957
- Construction
- CONCRETE
- Lot size
- 0.98 lot acres
- Property size
- 6,643 SF
- Zone code
- C-2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 162-20-052A
- APU
- 16220052A
Description
This exceptional 6,648-square-foot freestanding medical office building is ideally situated at 5115 N Central Ave in Phoenix, Arizona, within Maricopa County. Currently vacant, this Class B property presents a unique opportunity for a single tenant seeking a prominent location. The building boasts convenient drive-up patient access, ensuring ease of use for patients and staff. Its prime location just north of Uptown Plaza provides immediate access to a variety of amenities, including numerous shops and restaurants within walking distance, enhancing both patient and staff convenience. The property's former use as a surgery center makes it particularly well-suited for medical practices or ambulatory surgery centers. The building offers excellent visibility with monument signage available, ensuring high brand recognition. Furthermore, existing plans for an ASC buildout are available to the new owner, streamlining the process of adapting the space to specific needs. This is a rare opportunity to acquire a fully vacant, well-located medical office building in a thriving area of Phoenix. The property's size and features make it an ideal space for a medical practice seeking a high-profile location with convenient access and ample amenities nearby. The zip code is 85012.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,060,000
- AI Estimate
- $2,000,000
Market price range: $1.05M - $2.62MMarket price range: $987k - $2.57M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,765,000 Current use
- AUTO REPAIR, GARAGE
- $2,805,000 Change: +59% Conversion: Difficult
- RETAIL STORES
- $1,980,000 Change: +12% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,725,000 Change: -2% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,690,000 Change: -4% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,460,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.073
- Latitude
- 33.5116
- 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
$28,870
$0.00
$0.00
$260,844
-
$1,016,400
$564,471
$1,580,871
