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Property profile & analytics
OFF-MARKET
Office Spaces
10565 114th St, Scottsdale, AZ 85259-4942
Entity Owned
~
Est. High Equity
Property ID
US07-2029189
Property summary
AI-generated overview
Mirage Crossing offers exceptional office space in the heart of Scottsdale, Arizona. This well-maintained, 23,397 square foot complex, built in 2006, is situated on a 0.91-acre lot at 10565 N 114th St #102, near Shea Boulevard. The property is zoned S-R Scottsdale (APN 217-56-874) and features a multi-tenant configuration with a total of two suites. Currently, there is 250 square feet of vacant space available, divisible down to a minimum of 100 square feet, with a maximum contiguous space of 250 square feet. The building caters to a variety of office needs, accommodating traditional office, medical office, and executive office uses. This centrally located property provides easy access to major thoroughfares and amenities, making it an ideal location for businesses of all sizes. The property's versatile layout allows for customization to meet specific business requirements. Inquire today to learn more about this exceptional opportunity to establish your business in a thriving Scottsdale location.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Lot
0.86 ac (37,277 SF)
Zoning code
S-R
APN
217-56-871
UPID
US07-2029189
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
-
Nicole Kittelson: Allstate Insurance Insurance Agency
-
Artha Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
Desmond Law, PLLC Law Firm
-
Amplifying Health Gym & Fitness Center Spa & Massage Center
-
Dr. Tracey D. Drummond, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Medical Properties LLC
Medical Properties LLC
since 2025
7 recorded transactions
Zoning & alternative use
S-R · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Assessed value
$75
Assessed 2024
Previous assessed
$75
+0.0% YoY
Land market value
$500
Total market value
$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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Lot
0.86 ac (37,277 SF)
Zoning code
S-R
APN
217-56-871
UPID
US07-2029189
Jurisdiction
MARICOPA
Zoning & alternative use
S-R · Scottsdale, AZ
Zoning S-R · permitted uses
S-R · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.86 ac
Current owner
From public records · entity-resolved
Medical Properties LLC
Entity
Mailing address
10575 N 114TH ST STE #115, SCOTTSDALE, AZ 85259-4908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
$375,000
Medical Properties LLC
Manja LLC
Special Warranty Deed
$296,668 · Bnc National Bank
Jun 4, 2025
—
Paul C Royko
Paul C Royko
Deed
related
—
May 4, 2023
$378,000
Jaipal R Kothakapu
Kevin B May
Warranty Deed
—
Mar 29, 2023
$872,300
10565 N114th St Lot 209 210 Mirage
Fr3 LLC
Special Warranty Deed
—
Feb 6, 2023
—
Raymond Singh
—
Deed
related
$195,000 · Desert Financial Cu
Dec 22, 2022
$1,636,365
John P Koster
Tomorri PLLC
Special Warranty Deed
—
Nov 14, 2022
$668,750
Tomorri PLLC
Ref LLC
Special Warranty Deed
—
Jan 28, 2022
—
Ref LLC
—
Deed
related
$248,832 · First Citizens Bank & Trust Co
May 13, 2019
—
Raymond Singh
—
Deed
related
$196,218 · Bank 34
Aug 6, 2018
—
Scottsdale R & E Grp LLC
—
Deed
related
$160,000 · Barbara A Hauge
Oct 12, 2017
—
Scottsdale R & E Group LLC
—
Deed
related
$60,000 · Daniel A Hauge
Apr 17, 2017
$160,000
Scottsdale R Of E Group LLC
Bonfield Commerical Holdin
Grant Deed
$100,000 · David & Kristina Bonfield
Dec 29, 2016
—
Manja LLC
—
Deed
related
$181,000 · First Citizens Bank & Trust Co
Jun 29, 2016
—
Klepacki Dental Laboratory LLC
—
Deed
related
$32,329 · First Citizens Bank & Trust Co
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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