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$1,250,000

  • For Sale
  • Active
  • Commercial
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Prime medical office space designed to support a wide range of healthcare or professional services. Ideal for medical, dental, therapy, or other patient-focused practices, this professional suite offers a layout tailored for clinical operations and patient comfort. The bright, welcoming interior features a spacious reception and waiting area, multiple private treatment or exam rooms, a lab, and a dedicated staff break room to support daily workflow. Ample natural light enhances the patient experience while creating a comfortable environment for both staff and visitors. Convenient highway access provides excellent connectivity for patients and employees alike. Whether establishing a new practice, relocating, or expanding an existing clinic, this well-located commercial condo offers the functionality, accessibility, and professional setting needed for a thriving medical practice.

Full Property Details for 16515 S 40th St #131

General

  • Price: $1,250,000
  • Taxes: $5,373 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6992676
  • Updated: 3/3/2026
  • Added to Site: 31 day(s) ago

Business

  • Business Type: Professional/Office, Medical, Dental

Rental Information

  • Complex Features: Accessible Entrance, Reception Room, Kitchen, Showers - Office

Interior

  • Appliances: Refrigerator
  • Flooring: Ceramic Tile

Additional Information

  • Security/Safety: Fire Sprinklers

Parking

  • Parking Features: Off Street, Parking Lot, Paved, Private

Location

  • County: Maricopa
  • Township: 1S
  • Subdivision: FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM
  • Cross Streets: 40th Street and Frye

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump, 2 or More Units, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial, Office
  • Exterior Const.: Wood Frame
  • Roof: Tile
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,175
  • Frontage: Asphalt
  • Zoning: CO

Financial Considerations

  • Tax Amount: $5,373
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM MCR 656-02 UNIT 113 (PLEASE NOTE; FOR LEGAL DESCRIPTION R
  • Property ID: 301-85-235
  • Range: 4E
  • Section: 31
  • Lot Number: 113

Listed by Real Broker

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— 16515 S 40th St #131 —

  • Real Broker

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 16515 S 40th St #131

School Districts:Kyrene Elementary District, Tempe Union High School District
NameGradesDistance
Kyrene del Milenio
4630 East Frye Road, Phoenix, AZ 85048
PK-50.8 mi
Kyrene Akimel A-al Middle School
2720 East Liberty Lane, Phoenix, AZ 85048
6-81.6 mi
Desert Vista High School
16440 South 32nd Street, Phoenix, AZ 85048
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16515 S 40th St #131 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/03/2026
Listed
$1,250,000
98.41%
MLS
7/07/2021
Sold
$630,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16515 S 40th St #131

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,723
—
$87,157
1%
2024
$4,737
—
$86,096
2%
2022
$4,715
—
$84,035
22%
2022
$4,715
—
$68,646
9%
2022
$4,715
-5%
$63,090
3%
2021
$4,973
2%
$61,056
7%
2020
$4,858
3%
$57,060
10%
2019
$4,714
3%
$51,840
15%
2018
$4,568
4%
$45,018
7%
2017
$4,376
-1%
$42,228
3%
2016
$4,413
8%
$40,896
14%
2015
$4,071
2%
$35,742
15%
2014
$4,003
-4%
$31,160
-5%
2013
$4,174
—
$32,955
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16515 S 40th St #131

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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16515 S 40th Street #131, Phoenix, AZ 85048 (MLS# 6992676) is a Commercial property. 16515 S 40th Street #131 is currently listed for $1,250,000 and was received on March 03, 2026. Want to learn more about 16515 S 40th Street #131? Do you have questions about finding other Commercial real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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