37234 N Cave Creek Rd, Cave Creek, AZ 85331
Office · Cave Creek · Phoenix metro, AZ
One of 44 reachable office buildings in Cave Creek. Larger than 2% of office buildings in Cave Creek (median 7,800 SF), derived from assessor records.
- County gross building area
- 1,452 SF, Maricopa County Assessor
- Lot size
- 11,867 SF, Maricopa County Assessor
- Year built
- 1974, Maricopa County Assessor
- Stories
- 1, Maricopa County Assessor
- Predominant use
- Office Building 1 Story, Maricopa County Assessor
- Assessed value
- $346,400, per the Maricopa County Assessor (not a market appraisal)
- Assessed value per building SF
- $238.57/SF, derived from assessor records
- Building area / lot
- 0.12, derived from assessor records
- Vintage
- 1970s vintage
- County use code
- OFFICE BUILDING 1 STORY
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 37617 N Cave Creek Rd, Cave Creek · 0.2 mi · 2,000 SF · built 2000 · assessed $292.35/SF
- 6042 E Valley Way, Cave Creek · 0.7 mi · 4,464 SF · built 1999 · assessed $148.01/SF
- 38425 N Spur Cross Rd, Cave Creek · 0.8 mi · 2,349 SF · built 1968 · assessed $188.59/SF
- 7005 E Cave Creek Rd, Cave Creek · 1.5 mi · 4,608 SF · built 1984 · assessed $155.08/SF
- 7020 E Bella Vista Dr, Cave Creek · 1.5 mi · 864 SF · built 1986 · assessed $260.76/SF
- 7100 E Cave Creek Rd, Cave Creek · 1.5 mi · 5,400 SF · built 2007 · assessed $55.31/SF
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Sale history and market context
MakeMe Estimate: $397K (estimated market value), with a likely range of $317K to $471K (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $346,400 times a 1.15 market ratio, measured from 3891 verified arm's-length sale prices vs county values (office sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 4 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 34% below the $411.69/SF median of the shown comparable sales.
Comparable sales used as evidence
- 37617 N Cave Creek Rd, Cave Creek: $525,000 (2024-11), 2,000 SF, $262.50/SF, 0.2 mi away
- 38425 N Spur Cross Rd, Cave Creek: $285,000 (2013-05), 2,349 SF, $121.33/SF, 0.8 mi away
- 5355 E Carefree Hwy, Cave Creek: $1,500,000 (2019-09), 3,141 SF, $477.55/SF, 1.8 mi away
- 4623 E Carefree Hwy, Cave Creek: $1,660,370 (2015-07), 3,546 SF, $468.24/SF, 2.3 mi away
- 29425 N Cave Creek Rd, Cave Creek: $2,000,000 (2007-07), 4,858 SF, $411.69/SF, 5.4 mi away
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Last sold: 2004-12-01 for $490,000 (recorded arm's-length sale).
Current ownership dates to 2004 (about 22 years) per recorded transfers.
- 2004-12-01: $490,000 from Private party to Private party, rec. 050209034
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $395,700 (2026) to $346,400 (2027), down 12% over 1 years, per county tax rolls. The 2027 roll splits $346,400 into $137,200 land and $209,200 improvements.