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Ground-Floor Residential Condo
For Sale
$269,000

15095 N THOMPSON PEAK Parkway 1043, Scottsdale, AZ 85260

Community amenities include a pool, clubhouse, and fitness center.

Property Size810 SF
Price / SF$332.10
Days on Market118

Property Features for 15095 N THOMPSON PEAK Parkway 1043

General Information

Standard status Active
Size 810 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $660

Amenities

pool
clubhouse
fitness center
interior laundry

Building Details

Building Size 810 SF
Year Built 1995
Listing Agency: 1912 Realty
Listed By: Lloyd Fox
Source: 1912realty
Added: Jul 3 Changed: Oct 26 Last Checked: Oct 26 at 3:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1912 Realty

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Investment Insights

Based on property information with market context.

This 810-square-foot, one-bedroom, one-bath condominium has a ground-floor layout and was built in 1995. Polished concrete flooring extends through the main living areas, alongside a spacious living room and kitchen. The bathroom has Jack and Jill entrances, and an interior laundry area adds to the unit’s practical layout.

The property is in Scottsdale, minutes from Loop 101. Community facilities include a pool, clubhouse, and fitness center.

Key Highlights

  • 810‑square‑foot, one‑bedroom, one‑bath condominium
  • Ground‑floor unit with polished concrete flooring in the main living areas
  • Bathroom has Jack and Jill entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,372
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,440 $187.4K
Cap Rate 7%
$133,886 $133.9K
Cap Rate 9%
$104,133 $104.1K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$17.8K $21.96/SF
− Vacancy
−$747 −$0.92/SF
EGI
$17.0K $21.04/SF
− OpEx
−$7.7K −$9.47/SF
NOI
$9.4K $11.57/SF
Area
Scottsdale, AZ
Vacancy
4.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,440
Cap Rate 7%
$133,886
Cap Rate 9%
$104,133

Alternative Uses

Best Use
Apartment 5plus
$133.9K
$117.2K – $156.2K (±1% cap)
NOI $9,372 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$265.9K
$232.7K – $310.2K (±1% cap)
NOI $18,613 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,019
Businesses Nearby

Demographics for 85260, AZ

37,967
Population
21,072
Households
1.8
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,674
Density / Sq Mi
$103,854
Median Household Income
$62,835
Median Earnings
$1,969
Median Rent
$637,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Community amenities include a pool, clubhouse, and fitness center.
Where is this residential income property located?
The property is located at 15095 N THOMPSON PEAK Parkway 1043 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 810‑square‑foot, one‑bedroom, one‑bath condominium; Ground‑floor unit with polished concrete flooring in the main living areas; Bathroom has Jack and Jill entrances
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