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Property profile & analytics
OFF-MARKET
Estimated value
$49,785,000
Golf courses & driving ranges
10601 56th St, Scottsdale, AZ 85254-4807
Individually Owned
6-yr Hold
Free & Clear
Property ID
US07-1508348
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1983
Construction
CONCRETE
Total area
61,469 SF
Lot
78.55 ac (3,421,541 SF)
Zoning code
RH
APN
167-79-225A
UPID
US07-1508348
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
-
John Jacobs' Golf Schools and Academies Golf Driving Range Private Golf Course
-
Scottsdale Golf Group Golf Course
-
Orange Tree Golf Resort Golf Course
-
Rotary Club of Paradise Valley Nightclub Music Venue
-
Private One Bed Condo with Cargo Trailer Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$67.52M
Blend (final)
Blend
$49.79M
Owner & transaction history
Gerald J Petsch · 6 yrs held
Gerald J Petsch
since 2019
7 recorded transactions
Zoning & alternative use
RH · 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
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
Blend value · Realmo final
$49.79M
Range $44.81M – $54.76M · ±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
$810 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$119,570
Tax year 2023
Assessed value
$2,275,858
Assessed 2024
Previous assessed
$1,908,717
+19.2% YoY
Effective rate
5.25%
On assessed value
Land market value
$2,222,203
Improvement market value
$11,570,875
Total market value
$13,793,078
Applied tax rate
481,300.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
HOT WATER
Cooling
REFRIGERATOR
Buildings
7
Stories
1
Units
6
Total area
61,469 SF
Lot
78.55 ac (3,421,541 SF)
Zoning code
RH
APN
167-79-225A
UPID
US07-1508348
Jurisdiction
MARICOPA
Zoning & alternative use
RH · Scottsdale, AZ
Zoning RH · permitted uses
RH · 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
Year built
1983
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
7
Units
6
Lot
78.55 ac
Current owner
From public records · entity-resolved
Gerald J Petsch
Individual
Free & Clear · 6 yrs held
Mailing address
10601 N 56TH ST, SCOTTSDALE, AZ 85254-4807
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
32 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2019
—
Gerald J Petsch
Jan V Petsch
Quit Claim Deed
related
—
May 5, 2014
$800
Jorge Cruz
Visser,tamara R & Robert F
Warranty Deed
related
—
Jun 28, 2013
$200
Chesterfield Fam Group LLC
Stribling,g C & Lulu H
Warranty Deed
related
—
Jun 12, 2013
—
Terrence M Tarwater
Folsom,carl D & Judith A
Quit Claim Deed
related
—
May 14, 2013
$100
Javier Lazaro Regalado
Wach,kathy N
Warranty Deed
related
—
Apr 26, 2013
$500
Mardell E Hawley
Hall,brannon
Grant Deed
related
—
Apr 3, 2013
$200
Cullen Family Vacations LLC
Mahnke,douglas P & Betty J
Grant Deed
related
—
Mar 4, 2013
$100
Ramona Maiorella
Pratt,walter H & Cheryl V
Grant Deed
related
—
Jan 30, 2013
$7,500
Anne Schillaci
Gamier,joan
Warranty Deed
related
—
Oct 31, 2012
$500
Burchfield Vacation Rentals Ll
Folkerth,jack D & Cheryl D
Grant Deed
related
—
Oct 5, 2012
$1,000
Cory R Burnell
Powlesland Don A & D L Trust
Warranty Deed
related
—
Sep 7, 2012
$300
W Dennis Dean
Interval Owners Assn Of Orange
Grant Deed
related
—
Sep 4, 2012
$500
Jennifer A Barnes
Property Rellef LLC
Grant Deed
related
—
Aug 31, 2012
$1
Shell Owners Assn-americana
Arriaga,john
Warranty Deed
related
—
Jul 11, 2012
$10
O & L Associates INC
Butler,marilyn E & Jack D
Warranty Deed
related
—
Jul 11, 2012
$200
Hoffman Berger Inv Props LLC
Hohn,robert L & Janice M
Warranty Deed
related
—
Jun 27, 2012
$200
Dells Vacation Holding LLC
Anslow,robert W & Laberta A
Warranty Deed
related
—
May 30, 2012
$2,000
Christopher A Coogan
Coogan,michael J JR & Claudia
Quit Claim Deed
related
—
May 22, 2012
$200
Executive Property Options LLC
Neubauer,david B & Carrie V
Warranty Deed
related
—
May 14, 2012
$200
Dells Vacation Holding LLC
Dillahunty,james A & Viki J
Warranty Deed
related
—
May 4, 2012
$100
Stephanie T Mcintosh-luis
Bomgaars,gary C & Janice M
Grant Deed
related
—
May 2, 2012
$200
Dells Vacation Holding LLC
Shain,jeffrey T & Jennifer
Warranty Deed
related
—
Mar 21, 2012
$1
Simon Gers
Clark,jude M
Warranty Deed
related
—
Mar 2, 2012
$1,500
Memorable Vacations LLC
Marich,dan R & Gloria J
Warranty Deed
related
—
Sep 9, 2011
$4,700,000
Cleek Partners LLC
Shell-orange Tree Lc
Grant Deed
$3,000,000 · Mutual/omaha Bk
Mar 18, 2008
—
Robert Feld
Fischer,robert F
Warranty Deed
related
—
Dec 27, 2007
—
Timeshare Holding Co LLC
Trempe,patrick A & Marlene M
Warranty Deed
related
—
Dec 18, 2007
—
Timeshare Holding Co LLC
Warren,lawrence L & Donna H
Warranty Deed
related
—
Aug 2, 2007
—
Resorts Access Network LLC
Cunningham,thomas J & Maxine C
Grant Deed
related
—
Jun 1, 2007
—
Vi Network INC
Vi Network INC
Quit Claim Deed
related
—
Dec 13, 2006
—
Vi Network INC
Lagasse N L & M Living Trust
Grant Deed
related
—
—
—
Cleek Partners LLC
—
Loan Modification
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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