7227 N 16Th St Phoenix, AZ 85020
- Office buildings
- 47,136 SF
- 5.82 lot acres
Current Use by Public Records
- Wyatt Financial Group / Financial Advisor
- Ayers & Brown PC / Law Firm / Child Welfare Organization
- Griffin Susanne / Physician / Medical Clinic
- Mayer Gerald S PhD / Physician / Medical Clinic
- Catherine S. O'connell, PHD / Physician / Medical Clinic
Property Details for 7227 N 16Th St
- Year built
- 1981
- Construction
- CONCRETE
- Lot size
- 5.82 lot acres
- Property size
- 47,136 SF
- Zone code
- C-O
- Property type
- Office buildings
- APN
- 164-24-018C
- APU
- 16424018C
Description
Pointe Business Plaza, located at 7227 N 16th St, Phoenix, AZ 85020, presents a compelling investment opportunity in the thriving Maricopa County market. This established office complex, built in 1982, offers a total of 101,051 square feet of versatile space, currently configured for multiple tenancies. The property boasts a substantial amount of readily available space, with 8,868 square feet currently vacant and ready for immediate occupancy. This presents a unique chance to secure prime office space in a well-established building. The building's design caters to both traditional office needs and executive suites, providing flexibility for a variety of businesses. The ample parking provision, with a ratio of 5 spaces per 1,000 square feet, ensures convenient parking for tenants and visitors. The property's location in Phoenix offers easy access to major transportation routes, enhancing its appeal to businesses seeking a strategic location. The "New Look Pointe Business Plaza" reflects recent improvements and upgrades, making this a highly attractive option for businesses seeking modern, functional office space in a desirable area. This is an excellent opportunity to establish or expand your business in a well-maintained and conveniently located office building. Contact us today to learn more about leasing opportunities.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,966,000
- AI Estimate
- $12,966,000
Market price range: $1.91M - $13.0MMarket price range: $1.91M - $13.0M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,130,000 Current use
- AUTO REPAIR, GARAGE
- $19,915,000 Change: +145% Conversion: Difficult
- RETAIL STORES
- $14,045,000 Change: +73% Conversion: Moderate
- MEDICAL BUILDING
- $12,510,000 Change: +54% Conversion: Easy
- WAREHOUSE, STORAGE
- $12,235,000 Change: +50% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $12,000,000 Change: +48% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.046
- Latitude
- 33.5427
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA