714 E Rose Ln Phoenix, AZ 85014
- Office buildings
- 8,811 SF
- 0.48 lot acres
Current Use by Public Records
- Zachar Law Firm, P.C. / Law Firm
- Abels & Annes, P.C. / Law Firm
Property Details for 714 E Rose Ln
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 0.48 lot acres
- Property size
- 8,811 SF
- Zone code
- C-O
- Property type
- Office buildings
- APN
- 161-15-032A
- APU
- 16115032A
Description
This exceptional single-tenant office building, located at 714 E Rose Lane in Phoenix, Arizona, presents a compelling investment opportunity. The property, built in 1986 and extensively renovated in 2017, boasts a Class C designation and comprises a two-story structure encompassing a total of 4,250 to 8,500 square feet of usable space. The building sits on a single lot, offering convenient access and ample parking. Its zoning classification is C-O, allowing for a variety of commercial uses. The property's traditional office layout is well-suited for a range of businesses seeking a functional and updated workspace. The 2017 renovation ensures modern amenities and systems are in place, minimizing the need for immediate capital expenditures. Situated in the 85014 zip code of Phoenix, this location offers excellent accessibility to major transportation routes and a variety of local amenities. This is a rare opportunity to acquire a well-maintained, single-tenant office building in a desirable Phoenix location. The flexible square footage allows for adaptability to various business needs, making it an attractive option for both established companies and growing enterprises. The property's strong foundation and recent upgrades promise a stable and profitable investment for years to come. Interested parties are encouraged to inquire for further details and to schedule a viewing.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,827,000
- AI Estimate
- $1,733,000
Market price range: $1.31M - $3.56MMarket price range: $1.13M - $3.42M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,330,000 Current use
- RETAIL STORES
- $2,625,000 Change: +13% Conversion: Moderate
- MEDICAL BUILDING
- $2,340,000 Change: +0% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,285,000 Change: -2% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,245,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.064
- Latitude
- 33.5276
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA