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Property profile & analytics
FOR SALE
Office Units

7220 North 16Th St F Phoenix, AZ 85020

2,618 SF Built 1982
Property ID
US07-Q011149
Property summary
AI-generated overview

Offered at $650,000, this ±2,618 SF two-story office condominium presents a rare owner-user acquisition opportunity in the desirable Piestewa Peak office submarket. The Property features a highly functional layout with eight private offices, a spacious conference room, reception area, break room, storage space, and two restrooms, including one with a shower. Situated within an established office complex near 16th Street and Glendale Avenue, the Property offers convenient access to SR-51, the Camelback Corridor, and Downtown Phoenix. With covered parking, ample additional parking, and proximity to the Arizona Canal Trail, this professional office environment is ideally suited for law firms, accounting practices, consultants, medical users, and other professional service businesses seeking to own rather than lease.

Property profile
Verified
Property type Office Units
Year built 1982
Total area 2,618 SF
UPID US07-Q011149
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
  • Beyondmotion Film Production Television Studio
  • Yee Brian w PhD Physician Medical Clinic
  • Urim Recovery Center Psychotherapist
  • Taubman & Associates Law Firm Child Welfare Organization
  • Morse Law Group Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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