$1,450,000
$50K PRICE DROP

5901 W Indian School Rd Phoenix, AZ 85033

Estimated payment $9,190/month

Total Views 935
-- Bed
-- Bath
7,850 Sq Ft
$185 Price per Sq Ft

Highlights

  • Wood Flooring
  • Cafeteria
  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Display Windows
  • Chilled Water System

About This Home

One time opportunty Office suites and multiple stand alone buildings. Corner Lot with 36 parking spaces. Office building contains 7 Spacious Office Suites Perfect for income producing businesses. Upstairs unit includes 4 individual offices, 2 waiting areas, 1 large conference room, break room, new kitchen , 2 restrooms. Location! The office exposure is undeniably visible and with immense traffic exposure, across GCU golf course, restaurants, large shopping center across the street, less than 8 miles to central Phoenix, 9 miles from Downtown Phoenix. Approximate traffic count is 60, 000 and Maryvale's growing population. Occupancy rate is 100%

Listing Agent

Michael St. Paul

Vista Bonita Realty License #SA560635000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,146

Year Built

  • Built in 1974

Lot Details

  • Block Wall Fence
  • Property is zoned R5

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 7,850 Sq Ft Home
  • Display Windows
  • Chilled Water System

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 36 Open Parking Spaces
  • 42 Parking Spaces
  • 6 Covered Spaces

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 10506
  • Assessor Parcel Number 103-36-128-A

Community Details

Building Details

  • Operating Expense $34,118
  • Gross Income $363,000
  • Net Operating Income $262,000

Additional Features

  • Maryvale Terrace Subdivision
  • Cafeteria

Property Details

Property Type

Other

Est. Annual Taxes

$13,146

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 59th and Indian School Road
  • Legal Info Range: 128
  • Property Type: Comm/Industry Sale
  • Zoning: R5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2022
  • Subdivision Name: MARYVALE TERRACE
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 7850.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Paved, Private
  • Attached Garage: No
  • Open Parking Spaces: 36.0
  • Total Parking Spaces: 42.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 36.0
  • General Property Description:Total Parking Spcs: 42.0

Utilities

  • Electric: SRP
  • Cooling: Central Air, See Remarks, Chiller System
  • Heating: Heat Pump, Electric, Ceiling
  • Green Building Features: Cafeteria, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes
  • Amenities:Cafeteria: Yes

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size Sq Ft: 10.0
  • Parcel #: 103-36-128-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 14472.0
  • Annual Gross Income: 363000.0
  • Insurance Expense: 3000.0
  • Property Net Operating Income: 262000.0
  • Annual Operating Expense: 34118.0
  • Leasable Area: 10.0

Tax Info

  • Tax Annual Amount: 13146.0
  • Tax Book Number: 103.00
  • Tax Lot: 10506
  • Tax Map Number: 36.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Price Changed $1,450,000 -3.3% $185 / Sq Ft
02/21/2025 02/21/25 For Sale $1,500,000 +200.0% $191 / Sq Ft
05/20/2015 05/20/15 Sold $500,000 -4.8% $64 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $525,000 -- $67 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6824373

Arizona Regional Multiple Listing Service (ARMLS)