Technical
Financial
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Property profile

10001 92nd St Scottsdale, AZ 85258

OFF-MARKET
Office buildings
Property ID
US07-0171973
112,491 SF 7.44 ac lot Built 1997
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 116,200-square-foot, two-story Class A medical office building presents a unique redevelopment opportunity in Scottsdale, Arizona. Situated on a substantial 7.44-acre lot at 10001 N 92nd St, 85258, this vacant property boasts timeless architecture with a red brick exterior, tinted spandrel glass, and seven second-floor balconies offering stunning McDowell Mountain views. The building, constructed in 1997, features ample parking with a 5.47 spaces per 1,000 square feet ratio, including surface parking and a two-level detached structure. Its prime location directly across from the HonorHealth Shea Medical Center (a 433-bed facility) within a thriving Scottsdale office submarket (nearly 1 million square feet of gross leasing activity in 2023) offers unparalleled potential. The property is currently a "blank slate," having been recently returned to shell condition, allowing for the creation of a state-of-the-art medical or general office space. Fully permitted plans with the City of Scottsdale are included, encompassing common area upgrades, exterior enhancements, restroom improvements, spec suites, an exterior lounge, and a coffee bar. Conveniently located near abundant walkable retail amenities, including a Sprouts Farmers Market, and with easy access to two Loop 101 Freeway interchanges, this property offers exceptional visibility and accessibility. The C-O zoning allows for diverse uses, including general office, veterinary hospital, daycare center, school, health and fitness facilities, and medical labs. The asking price is $14,525,000 ($125 per square foot). APN: 217-36-160A.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Construction STEEL FRAME
Total area 112,491 SF
Lot 7.44 ac (324,174 SF)
Zoning code C-O
APN 217-36-160A
UPID US07-0171973

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Corporate Office

Location

10001 92nd St Scottsdale, AZ 85258-4545
Scottsdale metro Census 216810 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$29.23M
Comparable Approach Comparable
$28.82M
Blend (final) Blend
$16.21M

Owner & transaction history

since 2026
Last sale
$15.5M
7 recorded transactions
2026
$15.5M
2025
$11.5M
2024
$8.0M
2020
$19,200
2014
$24.2M
2011
Price N/A
2010
Price N/A

Zoning & alternative use

C-O · Scottsdale, AZ
Zoning description

dential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (C-3) General Commercial (C-4) Support Services (S-S) Commercial Office (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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