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    3030 68Th St Scottsdale, AZ 85251

    For Sale
    $1,300,000

    Prime Scottsdale location, vacant, 16,960 SF.

    Property size:
    16,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional redevelopment opportunity presents a substantial 16,960-square-foot vacant restaurant building situated at 3030 N 68th St in Scottsdale, Arizona, zip code 85251. The property, identified by APN 130-09-014, is zoned C-1 within the City of Scottsdale, offering significant flexibility for a variety of commercial uses. The existing structure encompasses approximately 12,627 square feet, providing a solid foundation for a complete renovation or adaptive reuse. Located in Maricopa County, this property boasts a prime Scottsdale address, presenting an ideal investment for discerning buyers seeking a high-impact commercial venture. The asking price for this substantial property is $1,300,000. Given its size, location, and zoning, this property represents a rare chance to acquire a significant commercial asset in a thriving Scottsdale market. The vacant status allows for immediate customization and development, tailored to meet the specific needs of the new owner. This is a unique opportunity to shape the future of a prominent Scottsdale location. The property's substantial square footage offers ample space for expansion or the creation of multiple commercial units. Don't miss this chance to acquire a key piece of Scottsdale real estate.

    Property Features for 3030 68Th St

    General Information

    Property type
    Restaurants
    Square Feet
    16,960 SF

    HighLights

    • 3030 North 68th Street, Scottsdale, AZ 85251
    • 16,960 square foot lot
    • 12,627 square foot existing restaurant building
    • $1,300,000 asking price
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PLANT FIRE PIZZA Pizza Takeout P.A.R.M Italia Italian Restaurant BEG Bakery & Creamery Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.935032
    Latitude
    33.4826747

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    FAQs

    What type of property is this?
    Restaurant - Prime Scottsdale location, vacant, 16,960 SF.
    Where is this restaurant located?
    The property is located at 3030 68Th St Scottsdale, AZ.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 3030 North 68th Street, Scottsdale, AZ 85251; 16,960 square foot lot; 12,627 square foot existing restaurant building
    Request Owner's contact information
    3030 68Th St Scottsdale, AZ 85251
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    Scottsdale, AZ 85251
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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
    3030 68Th St Scottsdale, AZ 85251
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