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    Property profile & analytics
    OFF-MARKET Estimated value $22,345,000
    Office buildings

    10001 92nd St, Scottsdale, AZ 85258-4545

    112,491 SF 7.44 ac lot Built 1997
    Entity Owned ~ Est. High Equity
    Property ID
    US07-0171973
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Office Corporate Office
    • CVS Caremark Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $29.23M
    Comparable Approach Comparable
    $28.82M
    Blend (final) Blend
    $22.35M
    Owner & transaction history
    The Trinity Church
    The Trinity Church
    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
    2010
    Zoning & alternative use
    C-O · Scottsdale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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