Skip To Content
    Return to Previous Page

    4616 N 51ST Avenue

    Phoenix, AZ 85031
    • $5,100,000
    • STATUS: Active
    • MLS #: 6135320
    UPDATED: 64 min ago
    $5,100,000
    • 0
      BEDS
    • 2.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 41,956
      SQFT
    • $122
      $/SQFT
    Type:
    Commercial
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    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

    Monthly Payment Calculator



    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group. Data last updated 2020-12-02T22:12:26.98.
    www.yournextvalleyhome.com/homes/110236472
    Print Image

    4616 N 51ST Avenue Phoenix, AZ 85031

    • Price: $5,100,000
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 6135320
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.5
    Acres
    41,956
    SQFT
    $122
    $/SQFT
    1980
    Built
    County:
    Maricopa
    Area:
    Phoenix
    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
    Exterior Features

    Construction Other (See Remarks) Covered Parking Spaces 40.00 Fencing None Parking Paved Parking Roofing Other (See Remarks) Stories 2 Stories Total Parking Spaces 200.00 Uncovered Parking Spaces 160.00

    Interior Features

    Ceiling Height 10.1 Feet To 12 Feet Cooling Other (See Remarks) Flooring Wood Heating Other (See Remarks) Interior Features Finished

    Property Features

    Adjusted Gross Inc 338053.32 Building Type Office Cross Street N 51st Ave & N Maryvale Pkwy Current Use Medical/DentalOffice Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 593076.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number - Net Operating Income 365607.00 Operating Exp 70276.00 Other Income 0.00 Ownership Other (See Remarks) Sewer Other (See Remarks) Source Of Financial Data Other (See Remarks) Taxes 70276.00 Vacancy Allowance 0.43 Water Other Zoning R-5

    Listing courtesy of The Menlo Group Commercial Real Estate.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group. Data last updated 2020-12-02T22:12:26.98.
     
    https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6135320-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6135320-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6135320-2.jpg
    Logo
    My Home Group
    8360 E Raintree Drive, Suite 205
    Scottsdale AZ, 85260