Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9814 N 53RD Place unit 7 Paradise Valley, AZ 85253

    View on Map
    Claim this Listing
    Pending
    $2,675,000

    LAND - Paradise Valley, AZ

    Lot size:
    0.84 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    16
    Last Refresh:
    Apr 11 at 2:06 am

    Property Features for 9814 N 53RD Place unit 7

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-35
    Standard status
    Pending
    APN
    168-05-109
    Lot size
    0.84 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 7 GOLF VIEW ESTATES MCR 023019
    Tax Annual Amount
    7875

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Additional Structures
    Residence

    We can help!

    Listing Contact
    Hans Horchler

    Listing agent Hans Horchler License #SA105149000

    Listing office Russ Lyon Sotheby's International Realty 6900 E Camelback Rd Ste #110, Scottsdale, AZ

    Listing date Mar 27, 2026

    MLS# 7005499

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Paradise Valley Land Opportunity

    This property in Paradise Valley, Arizona, presents an opportunity for remodeling, refreshing, or building a custom estate. The rectangular, private lot is situated in a quiet location and is approximately 0.84 acres. The existing livable house features soaring ceilings and a 3-car garage, offering potential for various design ideas. Zoned R-35, the property is located in Maricopa County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paradise Valley
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9662302
    Latitude
    33.5761206

    Nearby Similar for Sale

    • $4,995,000

      Paradise Valley Premium View Lot

      Exclusive 3.88-acre lot with panoramic views and building pad.
      7040 N INVERGORDON Road unit: 00, Paradise Valley, AZ 85253
      View Details
    • $2,900,000

      Paradise Valley Homesite Opportunity

      Premier 0.7-acre homesite in a desirable Paradise Valley location.
      6827 E VERMONT Avenue unit: 8, Paradise Valley, AZ 85253
      View Details
    • $5,000,000

      Paradise Valley Land Opportunity

      6+ acre parcel to craft a Paradise Valley masterpiece.
      7045 N INVERGORDON Road unit: W, Paradise Valley, AZ 85253
      View Details
    • $2,995,000

      Hillside Parcel with Approved Plans

      Hillside parcel with unobstructed views and approved architectural plans.
      4275 E KEIM Drive, Paradise Valley, AZ 85253
      View Details
    • $3,250,000

      Paradise Valley Buildable Lot

      Buildable flat lot with mountain views in Tatum Canyon.
      7816 N 47TH Street unit: 24, Paradise Valley, AZ 85253
      View Details
    • $2,250,000

      Paradise Valley Land with Approved Plans

      Ready-to-build lot in Paradise Valley with included plans and permits.
      4702 E LINCOLN Drive unit: 19, Paradise Valley, AZ 85253
      View Details
    • $7,999,999

      Paradise Valley Land Opportunity

      Exceptional 2.82-acre homesite in Paradise Valley, Arizona.
      5057 E SKY DESERT Lane, Paradise Valley, AZ 85253
      View Details
    • $2,595,000

      Paradise Valley 1.15-Acre Corner Lot

      1.15-acre corner lot in desirable Paradise Valley location.
      6622 E BAR Z Lane unit: 6, Paradise Valley, AZ 85253
      View Details
    • $5,495,000

      Paradise Valley Homesite Opportunity

      Rare 1+ acre homesite in premier guard-gated Finisterre community.
      6301 E HUNTRESS Drive unit: 65, Paradise Valley, AZ 85253
      View Details
    • $3,895,000

      Paradise Valley Hillside Estate Lot

      Privately gated 2.3+ acre lot in Clearwater Hills.
      7310 N HIGHCLIFF Drive unit: 193, Paradise Valley, AZ 85253
      View Details
    • $925,000

      Land in Prime Paradise Valley

      Residential land ready for building near Old Town Scottsdale.
      5016 N SCOTTSDALE Road unit: 84, Paradise Valley, AZ 85253
      View Details
    • $2,500,000

      Paradise Valley Mountain Estate Homesite

      1.93-acre homesite with unobstructed mountain and city views.
      5900 E Cholla Lane, Paradise Valley, AZ 85253
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Prime lot in Paradise Valley for remodel or new construction.
    Where is this residential land & home lot located?
    The property is located at 9814 N 53RD Place unit 7 Paradise Valley, AZ.
    What is the asking price?
    The asking price for this property is $2,675,000.
    What are key features of this property?
    This property features: Prime lot in coveted Paradise Valley location.; Opportunity for custom new build or estate.; Rectangular, private lot.
    (602) 619-1267
    We can help!
    Listing Contact
    Hans Horchler
    Real Estate License ID: SA105149000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!