For Sale
Property summary
This exceptional Phoenix commercial property, located at 8821 N 7th St, 85020, presents a compelling value-add investment opportunity. Encompassing 6,628 square feet across two buildings on a 1.08-acre lot, this property boasts a recent 2023 renovation. The buildings, constructed in 1973, are zoned C-3 and offer covered parking. All units have been fully remodeled, featuring modern office kitchens equipped with counters, cabinets, and sinks. The flexible space is ideal for a variety of professional services, including medical offices, law firms, accounting firms, dentists, barbershops, educational institutions, and wellness centers. The property's prime location provides excellent access to I-17 and SR-51, ensuring convenient commutes and strong visibility. Currently configured as a mix of occupied and vacant suites, this presents an owner-user opportunity to generate additional rental income. The property's versatility, combined with its recent renovation and strategic location, makes it an attractive investment for those seeking a strong return. This is a rare chance to acquire a fully renovated, multi-use property in a thriving Phoenix market.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Wedding Service
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Alternative Medicine Practice Spa & Massage Center
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Physician Alternative Medicine Practice
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Telecommunications Service
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Phoenix market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Phoenix, AZThe purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Phoenix, AZ.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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