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727 Maryland Ave Phoenix, AZ 85014-1520

OFF-MARKET Office buildings Google Maps
4,497 SF 0.46 ac lot Built 1971
Entity Owned Free & Clear
Estimated value (blended)
$505k
Range $455k – $556k (±10%)
Property ID US07-1325890

Property summary

AI-generated overview

This exceptional standalone executive office building, located at 727 E. Maryland Ave in Phoenix, Arizona, presents a rare investment opportunity. Priced at $2,191,175 ($475/SF), this 4,613 square foot property boasts a prime location in the heart of Uptown Phoenix, offering unparalleled convenience and accessibility. Its strategic positioning provides easy access to major freeways, including SR-51 and I-17, ensuring seamless commutes for employees and clients throughout the greater Phoenix metropolitan area. The building itself is a modern masterpiece, designed by renowned Arizona architect James Flynn, and features a thoughtfully designed layout incorporating multiple conference rooms, private offices, dedicated meeting spaces, and a spacious bullpen area. Ample parking is available with 23 spaces in total, 16 of which are covered, providing convenient parking for executives and staff. This turn-key office building is ready for immediate occupancy and represents a unique chance to acquire a high-quality, well-located asset in a thriving market. The property's zip code is 85014, and it is situated in Maricopa County. This is a truly exceptional opportunity for discerning investors seeking a premium executive office space in a highly desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction CONCRETE
Total area 4,497 SF
Lot 0.46 ac (20,125 SF)
Zoning code R-5
APN 161-15-028B
UPID US07-1325890

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Housing Development
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Real Estate Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$505k

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
$1.6M
2015
Price N/A
2010
Price N/A
2005
$775,000
2003
Price N/A

Zoning & alternative use

R-5 · Phoenix, AZ
Zoning description

The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.9M +60.0%
Retail stores $1.3M +12.8%
Medical building $1.2M +0.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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