5620 Thunderbird Rd Ste B1 Glendale, AZ 85306-4638
- Medical offices
- 7,603 SF
- 0.08 lot acres
Current Use by Public Records
- Forman Andrew E DDS / Dentist
- Fountain Medical Center / Medical Center
- Dr. M Integrative Health / Medical Center
- Price David w DDS / Dentist
- Jane Liu DMD / Dentist / Dental Clinic
Property Details for 5620 Thunderbird Rd Ste B1
- Year built
- 1984
- Construction
- CONCRETE
- Lot size
- 0.08 lot acres
- Property size
- 7,603 SF
- Zone code
- C-2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 200-74-545A
- APU
- 20074545A
Description
This exceptional office property, located at 550 S 24th St W in Billings' West End submarket, offers a significant opportunity for businesses seeking flexible and well-appointed space. The single, two-story building, constructed in 1982 and boasting a Class B rating, encompasses a total of 60,350 square feet, situated on a substantial 396,762 square foot lot. Currently, 15,000 square feet of vacant space is immediately available, divisible into units as small as 8,000 square feet, with a maximum contiguous space of 15,000 square feet. The property features convenient amenities including one elevator and ample parking. The building's design is adaptable to various office configurations, accommodating large office users with space for private offices, cubicles, and training rooms. A dedicated server room is available on the first floor for added convenience. The zoning designation is CMU2-Corridor Mixed Use 2, reflecting the property's versatility. The asking rate is $16 per square foot, inclusive of utilities; tenants are responsible for internet and janitorial services. This prime West End location, easily accessible via Lampman Drive, presents a compelling opportunity for businesses seeking a functional and well-located office space. The Assessor's Parcel Number (APN) is A23860A, located in Yellowstone County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,690,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,270,000
- 6.5%
- $2,430,000
- 7%
- $2,330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,910,000
- Geo Method
- $1,920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,330,000
- Retail
- $2,455,000
- Mixed-Use
- $2,520,000
- Hospitality
- $2,555,000
- Educational
- $2,175,000
- Residential Income
- $2,085,000
- Energy
- $2,665,000
- Income-Based Land
- $1,945,000
- Food Service
- $1,955,000
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.18
- Latitude
- 33.6113
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
