Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    6730 Mcdowell Rd Scottsdale, AZ 85257
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6730 Mcdowell Rd Scottsdale, AZ 85257

    View on Map
    • Commercial real estate
    • 0.01 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • AEAZ CLINICS (ONLINE MMJ DOCTOR) / Medical Clinic
    • Look Better Naked Spa / Spa & Massage Center / Alternative Medicine Practice
    • OM3 Yoga, LLC / Gym & Fitness Center
    • Olympus Interlock LifeSafer / Building Supply / General Contractor
    • Arizona ART & Therapeutic Solutions LLC / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 6730 Mcdowell Rd

    Year built
    1974
    Lot size
    0.01 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 459 square foot commercial condo presents a fantastic investment opportunity in Scottsdale's revitalized McDowell corridor, a designated opportunity zone offering potential tax advantages. Situated on the highly visible corner of 68th Street and McDowell Road, this property boasts ample parking and easy plaza access. Recently renovated, the unit is currently leased as an aesthetics studio, demonstrating its versatility and immediate income potential. The space is ideally suited for a variety of professional office uses, including tax preparation, real estate services, spas, or similar businesses. Its prime location ensures high visibility and convenient access for clients. The property sits on a 0.01-acre lot. This is a rare opportunity to acquire a well-maintained, income-producing commercial condo in a thriving Scottsdale location. Additional, larger spaces (500-3000 sq ft) are also available under a separate listing (MLS# 6748812), providing flexibility for expansion or related business ventures. Don't miss this chance to secure a foothold in this desirable area. The asking price is $165,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.936
    Latitude
    33.4662

    Comparable in this City

    • Value Estimation by Request
      0.30 Acres

      7209 Belleview St

      COMMERCIAL (GENERAL) • 0.30 Acres
      7209 Belleview St, Scottsdale, AZ 85257-3417
      View Details
    • Value Estimation by Request
      0.20 Acres

      1406 85th Pl

      COMMERCIAL (GENERAL) • 0.20 Acres
      1406 85th Pl, Scottsdale, AZ 85257-3900
      View Details
    • Value Estimation by Request
      0.06 Acres

      7735 Mcdowell Rd

      COMMERCIAL (GENERAL) • 0.06 Acres
      7735 Mcdowell Rd, Scottsdale, AZ 85257-3743
      View Details
    • Value Estimation by Request
      0.33 Acres

      6850 Mcdowell Rd

      COMMERCIAL (GENERAL) • 0.33 Acres
      6850 Mcdowell Rd, Scottsdale, AZ 85257-3204
      View Details
    • Value Estimation by Request
      0.06 Acres

      Scottsdale, AZ 85257

      COMMERCIAL (GENERAL) • 0.06 Acres
      Scottsdale, AZ 85257
      View Details
    • Value Estimation by Request
      0.21 Acres

      Scottsdale, AZ 85257

      COMMERCIAL (GENERAL) • 0.21 Acres
      Scottsdale, AZ 85257
      View Details

    Similar Nearby for Sale

    • $3,700,000
      7,361 SF

      Luxury Assisted Living Estate

      Fully stabilized assisted living estate in Scottsdale's Arcadia corridor.
      5813 E Lewis Ave, Scottsdale, AZ 85257
      View Details
    • Contact for pricing

      Eleven-Unit Multifamily Investment Opportunity

      Eleven-unit complex with value-add potential in a prime location.
      1232 Hayden Rd, Scottsdale, AZ 85257
      View Details
    • Contact for pricing

      Retail Property Near Hayden Road

      Retail property anchored by Fry's near Hayden and McDowell.
      7770 E Mcdowell Rd, Scottsdale, AZ 85257
      View Details
    • Contact for pricing
      5,614 SF

      Scottsdale Six-Unit Apartment Homes

      Boutique multifamily community near Old Town Scottsdale.
      2614 N 72Nd Pl, Scottsdale, AZ 85257
      View Details
    • Contact for pricing

      Renovated Scottsdale Apartment Community

      26-unit apartment community in Scottsdale, Arizona, with modern renovations.
      2635 Hayden Rd, Scottsdale, AZ 85257
      View Details
    • Contact for pricing
      14,145 SF

      Scottsdale Freestanding Building with Parking

      Rare Scottsdale building with parking, showroom, and expansion potential.
      7001 E Mcdowell Rd, Scottsdale, AZ 85257
      View Details

    Similar Nearby for Lease

    • $37 SF/Yr
      155,988 SF

      SkySong 1 Executive Suites

      Prestigious Class A Office Space Available
      1375 Scottsdale Rd, Scottsdale, AZ 85257
      View Details
    • Contact for pricing

      Lakefront Restaurant Pad for Lease

      Restaurant pad with scenic views on Continental Golf Course.
      3396 N Hayden Rd, Scottsdale, AZ 85257
      View Details
    • $37 SF/Yr

      SkySong Mixed-Use Project Space

      Mixed-use project with office, retail, and hospitality spaces available.
      1375 N Scottsdale Rd, Scottsdale, AZ 85257
      View Details
    • Contact for pricing
      8,315 SF

      Old Town Scottsdale Retail Opportunity

      Prime retail space in a vibrant, high-traffic Scottsdale location.
      3831 N Scottsdale Rd, Scottsdale, AZ 85257
      View Details
    • $39 SF/Yr

      Scottsdale Office Space Available

      Available office space in Scottsdale, Arizona, totaling 145,000 square feet.
      1355 N Scottsdale Rd, Scottsdale, AZ 85257
      View Details
    • $41 SF/Yr

      Office Space in SkySong

      Office space for rent in mixed-use SkySong development.
      1465 N Scottsdale Rd, Scottsdale, AZ 85257
      View Details
    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.
    6730 Mcdowell Rd
    Scottsdale, AZ 85257
    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!