Great Development Opportunity Old Town Area | 7245 E Osborn Rd
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Great Development Opportunity Old Town Area 7245 E Osborn Rd
9,861 SF 100% Leased Office Building Scottsdale, AZ 85251 $16,317,683 CAD ($1,655 CAD/SF)
Investment Highlights
- Heavy Traffic
- Close to Old Town Scottsdale
- Restaurants Nearby
- Close to hospital
- Retail Nearby
Executive Summary
Amazing opportunity to own 4 parcels (3 addresses) in the heart of Old Town Scottsdale and close to ASU!
Parcel Information is Below:
Parcel 1: 7245 E OSBORN RD SCOTTSDALE 85251 - Lot Size (sq ft): 40,840.00
Parcel 2: 7321 E OSBORN DR SCOTTSDALE 85251 - Lot Size (sq ft): 15,741.00
Parcel 3: 7321 E OSBORN DR SCOTTSDALE 85251 - Lot Size (sq ft): 7,800.00
Parcel 4: 7314 E OSBORN DR SCOTTSDALE 85251 - Lot Size (sq ft): 12,378.00
All 4 parcels equal 76,759 square feet and are being sold together at $150 a sq ft. Cross streets are Scottsdale Rd and Osborn.
Parcels 1, 2, and 3 are contiguous and there is an opportunity to custom build these lots, with all 3 lots approximately 64,381 (sq. ft) or 1.47 acres, in a high-traffic zone. Parcel 4 is separated from the other 3 parcels by a privately owned parcel (interested parties to verify easement for use - there is no structure on this lot. Parking or additional retail is possible to be developed on this .28 acre parcel. Prior and current (some tenants) office/medical building adjacent to HonorHealth Osborn Medical Center. All 4 parcels are zoned C-3 and are situated on a cul-de-sac that is one block from Old Town Scottsdale. Additionally, there is nearby shopping, restaurants and bars, ASU and Sun Devil Stadium, and so much more!
Parcel Information is Below:
Parcel 1: 7245 E OSBORN RD SCOTTSDALE 85251 - Lot Size (sq ft): 40,840.00
Parcel 2: 7321 E OSBORN DR SCOTTSDALE 85251 - Lot Size (sq ft): 15,741.00
Parcel 3: 7321 E OSBORN DR SCOTTSDALE 85251 - Lot Size (sq ft): 7,800.00
Parcel 4: 7314 E OSBORN DR SCOTTSDALE 85251 - Lot Size (sq ft): 12,378.00
All 4 parcels equal 76,759 square feet and are being sold together at $150 a sq ft. Cross streets are Scottsdale Rd and Osborn.
Parcels 1, 2, and 3 are contiguous and there is an opportunity to custom build these lots, with all 3 lots approximately 64,381 (sq. ft) or 1.47 acres, in a high-traffic zone. Parcel 4 is separated from the other 3 parcels by a privately owned parcel (interested parties to verify easement for use - there is no structure on this lot. Parking or additional retail is possible to be developed on this .28 acre parcel. Prior and current (some tenants) office/medical building adjacent to HonorHealth Osborn Medical Center. All 4 parcels are zoned C-3 and are situated on a cul-de-sac that is one block from Old Town Scottsdale. Additionally, there is nearby shopping, restaurants and bars, ASU and Sun Devil Stadium, and so much more!
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
9,861 SF
Building Class
C
Year Built
1979
Price
$16,317,683 CAD
Price Per SF
$1,655 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,861 SF
Building FAR
0.13
Land Acres
1.76 AC
Zoning
C-3, Scottsdale - Commercial
Parking
40 Spaces (4.06 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
Parcel Number | 130-21-013D | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $663,911 CAD |
PROPERTY TAXES
Parcel Number
130-21-013D
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$663,911 CAD
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Great Development Opportunity Old Town Area | 7245 E Osborn Rd
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