Address
4616 N 51St Avenue Phoenix, AZ
Price
$ 5,100,000
Property Attributes
  • MLS#6135320
  • TypeCommercial
  • CountyMARICOPA
  • CityPhoenix
  • Zip85031
  • StyleMedical/Dental,Office
  • Year Built1980
  • Taxes70276
  • Price$ 5,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage41956
  • Lot Size2.5 Acres
Listing Provided Courtesy Of:
The Menlo Group Commercial Real Estate
Property Description

Two-Story Medical Building For Sale: $5,100,000 ($121.56 PSF) +/- 41,956 SF on 2.50 acres Gross Income: $593,076 Current Operating Expenses: $227,469 Net Operating Income: $365,607 In Place Cap Rate: 7.17% Vacancy Rate: 43% (great value add or owner/user) Renovated in 2016 Located Near Maryvale Hospital & Milwaukee Brewers Spring Training Center with Easy Access to I-10 and US-60

Price History
9/21/2020 Listed $5,500,000
10/20/2020 8% - $5,100,000

General Features

Building Type Office
Ceiling Height 10.1 Feet to 12 Feet
Construction Other (See Remarks)
Cooling Other (See Remarks)
Electric Other (See Remarks)
Heating Other (See Remarks)
Interior Features Finished
Map Code/Grid P32
Ownership Other (See Remarks)
Parking Paved Parking
Present Use Medical/Dental, Office
Property Type D
Public Remarks Two-Story Medical Building For Sale: $5, 100, 000 ($121.56 PSF) +/- 41, 956 SF on 2.50 acres Gross Income: $593, 076 Current Operating Expenses: $227, 469 Net Operating Income: $365
Roof Other (See Remarks)
Sewer Other (See Remarks)
Status Active
Stories 2 Stories
Water Other
Year Built 1980
Zoning R-5

Interior Features

Floors Wood
Gas Other (See Remarks)

Exterior Features

Covered Parking Spcs 40.00
Fencing None
Total Parking Spcs 200.00
Uncvrd Parking Spcs 160.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85031

Price
AVG $3.1M
$5.1M
Taxes
AVG $42,658
$70,276
Visits
AVG 50
62
Year Built
AVG 1997
1980
Walkscore
AVG 46
48
Data Provided by Walkscore ® not using MLS data

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