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Property profile & analytics
OFF-MARKET
Office Spaces
11672 Shea Blvd, Scottsdale, AZ 85259-5106
Entity Owned
~
Est. High Equity
Property ID
US07-1500115
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Lot
0.98 ac (42,746 SF)
Zoning code
S-R
APN
217-29-844
UPID
US07-1500115
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
-
L&S CC, LLC DBA Barrio Queen Restuarants Corporate Office
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
Desert Oazis LLC
Desert Oazis 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
$83
Assessed 2024
Previous assessed
$85
-2.4% 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
0.98 ac (42,746 SF)
Zoning code
S-R
APN
217-29-844
UPID
US07-1500115
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
0.98 ac
Current owner
From public records · entity-resolved
Desert Oazis LLC
Entity
Mailing address
1333 N GREENFIELD RD STE #104, MESA, AZ 85205-4016
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2025
$1,200,000
Desert Oazis LLC
Ajp Commercial LLC
Special Warranty Deed
$960,000 · Zb NA
Jul 14, 2025
—
Desert Oazis LLC
—
Deed
related
$960,000 · Zb NA
Apr 1, 2024
$3,250,000
Jcam Management LLC
Sjs Estates LLC
Deed
$2,045,500 · Not Available
Dec 9, 2020
—
Fresh Start Shea Office LLC
—
Deed
related
—
Feb 26, 2019
$360,000
Ajp Commercial LLC
Forum Capital LLC
Warranty Deed
$500,000 · Wells Fargo Bank NA
May 22, 2018
$1,042,500
Fresh Start-shea Office LLC
Swd Properties LLC
Grant Deed
$836,000 · Bank Of America
Jun 2, 2017
—
Forum Capital Lc
—
Deed
related
$400,000 · Anthony W Hall
Aug 10, 2016
—
Shea 101 LLC
—
Deed
related
$390,000 · Arizona Busn Bk
Aug 1, 2016
—
Swd Properties LLC
Southwest Direct Mortgage LLC
Special Warranty Deed
$1,216,000 · Pinnacle Bank
Dec 21, 2005
—
Mountainside Plaza F & G LLC
Owner Name Unavailable
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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