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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office buildings
10243 Scottsdale Rd Scottsdale, AZ 85253-1475
Entity Owned
7-yr Hold
Free & Clear
Property ID
US07-0895750
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
CONCRETE
Total area
1,900 SF
Lot
0.06 ac (2,400 SF)
Zoning code
C-3
APN
175-33-044A
UPID
US07-0895750
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
-
Graphic Design Services Marketing & Advertising Advertising Agency
-
Exquisite Gel Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$644k
Blend (final)
Blend
$630k
Owner & transaction history
Soltes & Associates LLC · 7 yrs held
Soltes & Associates LLC
since 2018
5 recorded transactions
Zoning & alternative use
C-3 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
butting an alley • Minimum 15-foot wide landscape buffer abutting a Residential 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 (C-O) Planned Regional Center (PRC) Planned Convenience Center (PCoC)…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
580.74 ac
Top alternative use upside
Commercial (general)
$930,000
+139.8%
Retail stores
$875,000
+125.8%
Auto repair, garage
$785,000
+102.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Scottsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$390,000
Current use
COMMERCIAL (GENERAL)
$930,000
Change: +140% · Conversion: Easy
RETAIL STORES
$875,000
Change: +126% · Conversion: Moderate
AUTO REPAIR, GARAGE
$785,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$665,000
Change: +71% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$410,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$332 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$2,514
Tax year 2022
Assessed value
$88,028
Assessed 2024
Previous assessed
$69,768
+26.2% YoY
Effective rate
2.86%
On assessed value
Land market value
$150,000
Improvement market value
$383,500
Total market value
$533,500
Applied tax rate
481,400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,900 SF
Lot
0.06 ac (2,400 SF)
Zoning code
C-3
APN
175-33-044A
UPID
US07-0895750
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Scottsdale, AZZoning C-3 · permitted uses
C-3 · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
butting an alley • Minimum 15-foot wide landscape buffer abutting a Residential 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 (C-O) Planned Regional Center (PRC) Planned Convenience Center (PCoC) • Minimum 10-foot wide landscape buffer on the side and rear property lines abutti
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
580.74 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$390,000
COMMERCIAL (GENERAL)
Est. value
$930,000
RETAIL STORES
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$785,000
MEDICAL BUILDING
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$410,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Soltes & Associates LLC
Entity
Free & Clear · 7 yrs held
Mailing address
10215 N SCOTTSDALE RD, SCOTTSDALE, AZ 85253-1424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2018
—
Soltes & Associates LLC
Soltes Oletha Living Trust
Quit Claim Deed
related
—
Oct 19, 2018
$550,000
Vpg Properties LLC
Soltes & Associates LLC
Warranty Deed
$417,500 · Soltes & Associates LLC
Apr 13, 2017
—
Soltes & Associates LLC
Soltes Oletha Living Trust
Quit Claim Deed
related
—
Jun 9, 2009
—
Soltes & Associates LLC
Soltes,oletha B
Quit Claim Deed
related
—
Apr 24, 1997
—
Oletha Soltes
Oletha B Stoles
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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