$4,795,000
$200K PRICE DROP

6450 E Cave Creek Rd Cave Creek, AZ 85331

Cave Creek Area

Estimated payment $27,325/month

Total Views 6,472
-- Bed
-- Bath
13,762 Sq Ft
$348 Price per Sq Ft

Highlights

  • 1.21 Acre Lot
  • Community Kitchen
  • Ceiling height between 10 to 12 feet
  • Black Mountain Elementary School Rated A-
  • Elevator
  • Alarm System

About This Home

Turnkey Investment | 95% Occupied | Prime Location in Cave Creek Located in the heart of Cave Creek with stunning views of Black Mountain, this fully leased, mixed-use commercial building presents an outstanding investment opportunity. With 95% occupancy, it delivers immediate cash flow and long-term value in one of Arizona's most sought-after and rapidly growing markets. The property features a strong, diverse tenant mix including a modern gym, professional office suites, a high-energy MMA studio, and direct frontage along the new equestrian pathway--drawing steady local and visitor traffic. Private on-site parking enhances convenience for tenants and clients alike. As Cave Creek continues its expansion, the demand for quality, versatile commercial space is at a premium.

Listing Agent

Paul Scortea

HomeSmart License #SA656092000 Listed on: 04/08/2026

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,948

Year Built

  • Built in 2001

Lot Details

  • 1.21 Acre Lot
  • Landscaped
  • Property is zoned CC

Home Design

  • Foam Roof
  • Block Exterior
  • Concrete Block And Stucco Construction

Interior Spaces

  • 13,762 Sq Ft Home
  • Ceiling height between 10 to 12 feet
  • Ceramic Tile Flooring

Home Security

  • Security Lights
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 62 Parking Spaces
  • Paved Parking
  • 62 Open Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Underground Utilities
  • Three-Phase Power
  • 220 Volts
  • 200+ Amp Service
  • Phone System

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 216-06-017-G

Community Details

Overview

  • Friers Addition 1 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Elevator
  • Private Restrooms
  • Public Restrooms
  • Reception Area

Building Details

  • Operating Expense $11,948
  • Gross Income $150,000
  • Net Operating Income $275,000

Property Details

Property Type

Other

Est. Annual Taxes

$11,948

Year Built

Built in 2001

Lot Details

1.21 Acres

Listing Details

  • Cross Street: Cave Creek Road and School House
  • Property Type: Comm/Industry Sale
  • Zoning: CC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 2
  • Year Built: 2001
  • Tax Year: 2025
  • Lot Size Acres: 1.21
  • Road Surface Type: Asphalt
  • Subdivision Name: FRIERS ADDITION 1
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: G
  • Cooling:Cooling: Central Air, Office A/C
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS, Individual Meter, 220 Volts, Over 220 Amp, 3 Phase Power
  • Special:Special: Owner/Agent
  • Ceiling Height: 8.1 Feet to 10 Feet, 10.1 Feet to 12 Feet
  • Building Features: Public Elevator(s), Conference Room, Reception Room, Kitchen
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 13762.0
  • Interior Features:Interior Features: Finished, Fire Sprinklers, Smoke Detector(s), Security Light(s), Security Camera(s), Alarm System, Phone System, Private Restrooms, Public Restrooms

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Concrete, Block, Stucco
  • Roof: Foam
  • Exterior: Landscaping, Building Sign, Monument Sign, Security Light(s), Security Camera(s)

Garage/Parking

  • Parking Features: Open, Private, Paved, Parking Lot
  • Attached Garage: No
  • Open Parking Spaces: 62.0
  • Total Parking Spaces: 62.0

Utilities

  • Electric: APS, Individual Meter, Over 220 Amp, 3 Phase Power
  • Cooling: Office A/C
  • Heating: Electric, Heat Pump
  • Security: Fire Sprinklers, Smoke Detector(s), Security Light(s), Security Camera(s), Alarm System
  • Green Building Features: Public Elevator(s), Conference Room, Reception Room, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: Underground, SW Gas

Lot Info

  • Lot Size Sq Ft: 52920.0
  • Parcel #: 216-06-017-G

Multi Family

  • Annual Gross Income: 150000.0
  • Property Net Operating Income: 275000.0
  • Annual Operating Expense: 11948.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 11948.0
  • Tax Book Number: 216.0
  • Tax Lot: 12
  • Tax Map Number: 6.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,948 $257,470
2024 $11,974 $252,872
2023 $11,974 $474,249 $134,079 $340,170
2022 $12,083 $439,268 $122,780 $316,488
2021 $13,557 $446,706 $126,288 $320,418
2020 $13,335 $415,908 $94,824 $321,084
2019 $12,956 $397,890 $90,306 $307,584
2018 $12,520 $383,976 $85,104 $298,872
2017 $12,116 $342,450 $85,104 $257,346
2016 $12,072 $302,490 $70,974 $231,516
2015 $11,673 $182,762 $53,188 $129,574
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2026 07/24/26 Price Changed $4,795,000 -4.0% $348 / Sq Ft
04/08/2026 04/08/26 For Sale $4,995,000 +169.3% $363 / Sq Ft
11/18/2020 11/18/20 Sold $1,855,000 -17.6% $135 / Sq Ft View Prior Sale
12/12/2019 12/12/19 For Sale $2,250,000 -- $164 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $1,855,000 Chicago Title
Warranty Deed $450,000 Security Title Agency
Warranty Deed $240,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $899,675 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7010921

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-06-017G

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