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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Drug stores
11475 136th St Scottsdale, AZ 85259-3779
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-0326801
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2001
Construction
CONCRETE
Total area
12,139 SF
Lot
1.67 ac (72,820 SF)
Zoning code
PNC
APN
217-30-002P
UPID
US07-0326801
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
-
Zingara Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.21M
Blend (final)
Blend
$890k
Owner & transaction history
Scottsdale Mountain Properties LLC · 3 yrs held
Scottsdale Mountain Properties LLC
since 2022
3 recorded transactions
Zoning & alternative use
PNC · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
val Planned Airpark Core (PCP) • Minimum 25-foot wide landscape buffer and six-foot high masonry wall abutting any Residential District. • Conceptual Open Space and Transition Plans required Planned Neighborhood Center (PNC) • Minimum 15-foot wide landscape buffer in the side and rear yards, and a minimum six-foot high masonry wall or approved landscape scre…
Zone name
Planned Neighborhood Center
General category
COMMERCIAL
Zone area
13.39 ac
Top alternative use upside
Restaurant
$8.7M
+55.7%
Commercial (general)
$5.9M
+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
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
RETAIL STORES
$5,590,000
Current use
RESTAURANT
$8,700,000
Change: +56% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,935,000
Change: +6% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,000,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$73 / 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
$36,429
Tax year 2023
Assessed value
$740,409
Assessed 2024
Previous assessed
$647,819
+14.3% YoY
Effective rate
4.92%
On assessed value
Land market value
$2,395,900
Improvement market value
$2,091,426
Total market value
$4,487,326
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
12,139 SF
Lot
1.67 ac (72,820 SF)
Zoning code
PNC
APN
217-30-002P
UPID
US07-0326801
Jurisdiction
MARICOPA
Zoning & alternative use
PNC · Scottsdale, AZZoning PNC · permitted uses
PNC · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
val Planned Airpark Core (PCP) • Minimum 25-foot wide landscape buffer and six-foot high masonry wall abutting any Residential District. • Conceptual Open Space and Transition Plans required Planned Neighborhood Center (PNC) • Minimum 15-foot wide landscape buffer in the side and rear yards, and a minimum six-foot high masonry wall or approved landscape screen on the side and rear property lines abutting any Residential District or an alle
Zone name
Planned Neighborhood Center
General category
COMMERCIAL
Zone area
13.39 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.6M
RESTAURANT
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.0M
RETAIL STORES Current
RESTAURANT
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
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Scottsdale Mountain Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 19480, FOUNTAIN HILLS, AZ 85269-9480
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
—
Scottsdale Mountain Properties LLC
Falcon Drive Properties LLC
Special Warranty Deed
—
May 27, 2021
$1,350,000
Falcon Drive Properties LLC
Ann Via Linda LLC
Special Warranty Deed
—
Jan 23, 2004
$712,500
Xtb Development LLC
136th & Via Linda LLC
Grant 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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