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4011 N 51st Ave 15,750 SF Office Building Phoenix, AZ 85031 $2,125,000 ($134.92/SF)
Investment Highlights
- Strong fit for behavioral health, urgent care, outpatient, or community healthcare operators
Executive Summary
This Maryvale Medical Redevelopment Opportunity presents a unique chance to acquire a former healthcare facility positioned within one of Phoenix’s most densely populated and underserved healthcare corridors.
Located near 51st Avenue and Indian School Road, the property offers existing institutional and medical infrastructure that may support a variety of healthcare-oriented reuse strategies, including behavioral health, urgent care, outpatient services, nonprofit healthcare operations, or other community-focused medical uses.
The property benefits from substantial parking, and a location surrounded by dense residential population centers that continue to demonstrate long-term healthcare demand.
The site may also appeal to owner-users or investors seeking a value-add opportunity with existing infrastructure already in place.
This offering represents an opportunity to acquire a highly visible institutional asset within a mature infill location at a basis that may compare favorably to replacement cost and new development alternatives.
Purchase/sale is contingent upon approval of The Salvation Army corporate Board of Directors located at 30840 Hawthorne Blvd
Rancho Palos Verdes, CA 90275-5031.
Located near 51st Avenue and Indian School Road, the property offers existing institutional and medical infrastructure that may support a variety of healthcare-oriented reuse strategies, including behavioral health, urgent care, outpatient services, nonprofit healthcare operations, or other community-focused medical uses.
The property benefits from substantial parking, and a location surrounded by dense residential population centers that continue to demonstrate long-term healthcare demand.
The site may also appeal to owner-users or investors seeking a value-add opportunity with existing infrastructure already in place.
This offering represents an opportunity to acquire a highly visible institutional asset within a mature infill location at a basis that may compare favorably to replacement cost and new development alternatives.
Purchase/sale is contingent upon approval of The Salvation Army corporate Board of Directors located at 30840 Hawthorne Blvd
Rancho Palos Verdes, CA 90275-5031.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
15,750 SF
Building Class
C
Year Built
1991
Price
$2,125,000
Price Per SF
$134.92
Tenancy
Single
Building Height
1 Story
Typical Floor Size
15,750 SF
Building FAR
0.15
Lot Size
2.41 AC
Zoning
C-2 - Intermediate Commercial, City of Phoenix
Parking
158 Spaces (10.03 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 107-32-089S | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $388,007 |
Property Taxes
Parcel Number
107-32-089S
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$388,007
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4011 N 51st Ave
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