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    8950 E Raintree Cir Dr Scottsdale, AZ

    For Sale
    $1,574,000

    Multi-tenant office building in Raintree Office Park, 100% leased.

    Property size:
    7,477 SF
    Lot size:
    0.23 Acres

    Property Features for 8950 E Raintree Cir Dr

    General Information

    Size
    7,477 SF
    Lot size
    0.23 Acres

    Source: Kidder Mathews | Phoenix Agent Bret Isbell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Raintree Circle Office Investment Opportunity

    This multi-tenant office building presents an investment opportunity. The property is located within the Raintree Office Park, offering freeway access and nearby amenities. This single-story building includes central common area restrooms, a kitchen, and a conference room for tenant use. The building also features prominent signage. The property has a size of 7477 square feet and is currently 100% leased with income.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.895551
    Latitude
    33.466473

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    FAQs

    What type of property is this?
    Office building - Multi-tenant office building in Raintree Office Park, 100% leased.
    Where is this office building located?
    The property is located at 8950 E Raintree Cir Dr Scottsdale, AZ.
    What is the asking price?
    The asking price for this property is $1,574,000.
    What are key features of this property?
    This property features: - 100% Leased with Income: Start generating revenue immediately.; - Owner/User Price: Occupy space while benefiting from existing tenant income.; - Class-A Raintree Office Park Location: Benefit from a prestigious business address.
    (602) 300-4112
    Request Owner's contact information
    8950 E Raintree Cir Dr Scottsdale, AZ
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    Realmo Value Estimation

    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.

    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.

    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
    8950 E Raintree Cir Dr Scottsdale, AZ
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