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Property profile

9225 3rd St Phoenix, AZ 85020

Medical Office Space
Property ID
US07-0990594
View Sample
21,000 SF 2.79 ac lot Built 1986
Entity Owned ~ Est. High Equity

Property summary

AI-generated overview

Lincoln Medical Plaza I presents a unique opportunity for medical professionals seeking prime office space within a thriving healthcare ecosystem. Located on the Honor Health John C. Lincoln North Mountain Hospital campus in Phoenix, Arizona, this medical office building offers unparalleled convenience and access to a 258-bed hospital boasting a Level I Trauma Center, Primary Stroke Center, Chest Pain Center, and Cardiac Arrest Center. The building totals 29,352 square feet, with five available suites ranging from 1,084 to 2,877 contiguous square feet; a total of 8,506 square feet is currently vacant. This allows for flexibility in space requirements, catering to practices of various sizes. The property features ample surface and covered parking for both patients and staff, ensuring ease of access. On-site property management provides efficient and responsive support. Its strategic location within the affluent North Central and Bridal Path residential areas guarantees a strong patient base and high visibility. This exceptional location, combined with the building's amenities and proximity to a leading hospital, makes Lincoln Medical Plaza I an ideal choice for healthcare providers seeking a well-established and highly accessible medical office space in a dynamic and growing market. The building's multiple tenancy structure offers a diverse and collaborative environment.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction CONCRETE
Total area 21,000 SF
Lot 2.79 ac (121,359 SF)
Zoning code C-2
APN 159-46-200D
UPID US07-0990594

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
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician
  • Pediatrician Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.29M
Blend (final) Blend
$7.99M

Owner & transaction history

since 2026
Last sale
$10.2M
6 recorded transactions
2026
$10.2M
2019
$8.0M
2014
Price N/A
2013
$8.6M
2008
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL
Top alternative use upside
Commercial (general) $14.6M +162.4%
Restaurant $11.2M +101.2%
Auto repair, garage $8.9M +59.2%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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