Scottsdale Commercial Real Estate Listings - Inside Tips
When considering Scottsdale commercial real estate listings for a new home for your business, it is important to have an understanding of the future area. To ensure your business will thrive, researching about the Scottsdale, Arizona area is recommended.
Scottsdale, Arizona has become very popular in recent decades as a resort community. The area is known for luxury and posh-ness, and is considered one of the best places to live in the county. Dubbed “The Beverly Hills of the Desert” by The New York Times, Scottsdale is a favored tourist town.
Scottsdale commercial real estate listings in Arizona have been featured often on The Travel Channel, drawing attention to the area from around the country. Scottsdale is one of only two cities of the top 10 in the country for luxury living that is outside California.
Scottsdale’s neighbor, Paradise Valley is the other, according to a 2005 study by the real estate company Coldwell Banker.
All of this luxury has grown Scottsdale into Arizona’s fifth largest city. A 2004 census estimation put Scottsdale, Arizona’s population upwards of 220,000 residents. The original six-hundred forty (640) acres that the city now rests and has expanded on was bought in 1888 by United States Army Chaplain Winfield Scott (also who Scottsdale would eventually take it’s name from) for $2.50 U.S. dollar per acre.
Being that the median house price in Scottsdale, Arizona was $525,000.00 USD for resale homes and $716,670.00 USD for new-build homes in 2005, the original price on the city’s property was quite a deal.
It is important to realize that Scottsdale commercial real estate listings are primarily full of store-front and office properties. Scottsdale commercial real estate listings are generally priced cheaper than residential properties. It is possible to buy a 23,500 square foot office from the Scottsdale commercial real estate listings for less than $400,000.00 USD. Of course, as with all real estate, location is the key.
An office measuring 1,730 square feet on Paradise Lane can cost well over $600,000.00 USD. Offices in the downtown area cost well over a million dollars. Knowing your Scottsdale real estate listings buying budget before beginning your property search can minimize the number of Scottsdale commercial real estate listings you will have to look through.
When searching Scottsdale commercial real estate listings, you should have an idea in mind of what kind of space you will need. The majority of buildings in Scottsdale, both commercial and residential, adhere to a particular archetypal desert look.
If an open, totally undivided space suitable for a warehouse is what you are looking, it is best to tell your real estate this while the initial search of Scottsdale commercial real estate listings is in progress. Properties closer to downtown are more likely to have divided spaces for offices and conference rooms.
Parking can sometimes be problematic, particularly in downtown areas. If you expect a lot of people to be going in and out of your office, or if general accessibility is a high priority, be sure to tell the Scottsdale commercial real estate listings agent about your parking concerns up front.
If your business is in the service industry, you may need minimal parking. This can expand your search radius greatly, depending upon your budget. Also keep in mind the cost of heating and cooling. Scottsdale is in a desert, and temperatures often require indoor climate control. Look for a property with a well-maintained heating and cooling unit to save money on climate control costs.
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