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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail space
10816 Scottsdale Rd, Scottsdale, AZ 85254-5242
Individually Owned
2-yr Hold
Free & Clear
Property ID
US07-0695856
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Construction
CONCRETE
Total area
1,704 SF
Lot
0.06 ac (2,640 SF)
Zoning code
C-3
APN
175-42-096
UPID
US07-0695856
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
-
Nails & Spa by Bobbie Nail Salon
-
TOKERS VAPE & SMOKE (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Ngoc Bich Thi Nguyen · 2 yrs held
Ngoc Bich Thi Nguyen
since 2024
Last sale
$579,000
5 recorded transactions
Zoning & alternative use
C-3 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$835,000
+6.2%
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
$580,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$600,000
7%
$560,000
Alternative Use
Use
Estimation
RETAIL STORES
$785,000
Current use
COMMERCIAL (GENERAL)
$835,000
Change: +6% · Conversion: Easy
AUTO REPAIR, GARAGE
$700,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $579k (Jan 25 2024)
Last sale anchor
$579k
Jan 25 2024
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
$340 / 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
$2,462
Tax year 2023
Assessed value
$88,077
Assessed 2024
Previous assessed
$69,802
+26.2% YoY
Effective rate
2.80%
On assessed value
Land market value
$180,400
Improvement market value
$353,400
Total market value
$533,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,704 SF
Lot
0.06 ac (2,640 SF)
Zoning code
C-3
APN
175-42-096
UPID
US07-0695856
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Scottsdale, AZ
Zoning 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
Scottsdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$700,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Ngoc Bich Thi Nguyen
Individual
Free & Clear · 2 yrs held
Mailing address
14811 N 44TH PL, PHOENIX, AZ 85032-4867
Ownership since
2024
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
Jan 25, 2024
—
Ngoc Bich Thi Nguyen
Ngoc Bich Thi Nguyen
Intrafamily Transfer
related
—
Aug 25, 2017
$579,000
Ngoc Bich Thi Nguyen
Susan Truax
Warranty Deed
$200,000 · Merchants Funding Az LLC
May 1, 2007
$565,000
Susan Truax
Knobbe Family Trust
Grant Deed
—
May 19, 1993
—
Knobbe Family Trust
Knobbe Trust
Quit Claim Deed
related
—
May 4, 1990
—
Knobbe Family Tr
—
Deed Of Trust
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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