Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20715 Pima Rd Scottsdale, AZ 85255
    Back to Search
    Property profile & analytics

    20715 Pima Rd Scottsdale, AZ 85255

    View on Map
    • Office properties & Spaces
    • 7,679 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lisa Kemper: Trillium Properties / Real Estate Agency
    • Farmers Insurance - Christopher Schofield / Insurance Agency
    • Empower You Experts / Child Psychologist / Mental Health Service
    • CEDAR ROOM Fine Cigars & Lounge / (Bike/Boat/Book/etc) Store
    • News Quantified LLC / Information Services

    Property Details for 20715 Pima Rd

    Property size
    7,679 SF
    Property type
    Office properties & Spaces
    Property subtype
    Office Units

    Description

    This exceptional executive office suite, located within the Cubexec at Market Street complex at 20715 N Pima Rd, Scottsdale, AZ 85255, presents a fantastic opportunity for businesses seeking a prestigious address. The suite itself offers 97 square feet of well-appointed space, ideal for a single professional or a small team. The larger Cubexec building boasts a total of 7,679 square feet, currently featuring multiple tenancies. Only 183 square feet of the building is currently vacant, highlighting the high demand for this location. Situated in the heart of Market Street at DC Ranch, this property benefits from its proximity to a variety of restaurants, perfect for business meetings or informal gatherings with colleagues. The building provides multiple size work space solutions and meeting spaces, catering to the needs of entrepreneurs, startups, and established businesses alike. This is a rare opportunity to secure a highly desirable office space in a thriving Scottsdale location. The property is conveniently located at the intersection of N Pima Rd and Market Street, offering easy access to major transportation routes. Don't miss this chance to establish your business in this vibrant and sought-after area.

    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
    -111.888
    Latitude
    33.6742

    Comparable in this City

    • Value Estimation by Request
      40,000 SF

      7231 Princess Blvd

      Office Units • 40,000 SF
      7231 Princess Blvd, Scottsdale, AZ 85255
      View Details
    • Value Estimation by Request
      100,000 SF

      18835 Thompson Peak Pkwy

      Office Units • 100,000 SF
      18835 Thompson Peak Pkwy, Scottsdale, AZ 85255
      View Details
    • Value Estimation by Request
      48,100 SF

      8501 Princess Dr

      Office Units • 48,100 SF
      8501 Princess Dr, Scottsdale, AZ 85255
      View Details
    • Value Estimation by Request

      17767 Perimeter Dr

      Office Units
      17767 Perimeter Dr, Scottsdale, AZ 85255
      View Details
    • Value Estimation by Request
      147,209 SF

      8852 Pinnacle Peak Rd

      Community centers • 147,209 SF
      8852 Pinnacle Peak Rd, Scottsdale, AZ 85255
      View Details
    • Value Estimation by Request
      3,857 SF

      17787 Perimeter Dr

      Office Units • 3,857 SF
      17787 Perimeter Dr, Scottsdale, AZ 85255
      View Details

    Similar Nearby for Sale

    • $615,600
      2,160 SF

      Scottsdale Office Space For Sale

      Office space with easy access and nearby amenities for sale.
      8701-8707 E Vista Bonita Dr, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      15,565 SF

      Scottsdale Office Space For Sale

      Open office space fostering creativity and productivity in Scottsdale, AZ.
      9112 E Verde Grove Vw, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      1,533 SF

      Move-in Ready North Scottsdale Office

      Office condo in premier North Scottsdale location near Loop 101.
      7336 E Deer Valley Rd, Scottsdale, AZ 85255
      View Details
    • Contact for pricing

      Premier Office Space Available

      Office space for sale or lease in Scottsdale, Arizona.
      Sec Scottsdale Rd. & Chauncey Ln, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      7,822 SF

      Medical Condo Complex For Sale

      Fully leased medical condo near Loop 101 and Mayo Clinic.
      7960 E Thompson Peak Pkwy, Scottsdale, AZ 85255
      View Details
    • Contact for pricing

      Scottsdale Office Building Investment

      66,108 SF office building in prime Scottsdale location.
      8665 East Hartford Dr, Scottsdale, AZ 85255
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      282 SF

      Scottsdale Office Space For Rent

      Office space available in a top Scottsdale destination.
      8852 E Pinnacle Peak Rd, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      2,032 SF

      Distinctive Office Space Available

      Unique architecture, on-site amenities, and convenient location in Scottsdale, AZ.
      17015 N Scottsdale Rd, Scottsdale, AZ 85255
      View Details
    • $22 SF/Yr
      1,718 SF

      Move-in Ready Scottsdale Office Suites

      Office suites for rent near TPC Scottsdale and Scottsdale Airpark.
      8535 E Hartford Dr, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      4,881 SF

      Class A Office Space Available

      Move-in ready office suites in Scottsdale, Arizona for lease.
      8700 E Vista Bonita Dr, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      547 SF

      Scottsdale Office Space For Rent

      Office space in affluent Scottsdale area with high visibility.
      8711 E Pinnacle Peak Rd, Scottsdale, AZ 85255
      View Details
    • $39 SF/Yr

      Open Floor Plan Office Space

      Office space featuring an open floor plan layout available for rent.
      20909 North 90Th St, Scottsdale, AZ 85255
      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.
    20715 Pima Rd
    Scottsdale, AZ 85255
    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

    Thank You for Inquiry
    20715 Pima Rd, Scottsdale, AZ, 85255
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!