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Property profile & analytics
OFF-MARKET
Commercial real estate

13148 Summit Dr Scottsdale, AZ 85259

1.16 ac lot
Property ID
US07-0980132
Property summary
AI-generated overview

Exceptional 1.16-acre residential lot in Scottsdale, Arizona, presents a rare opportunity to build a custom home. Located near the Scottsdale Preserve, this pristine property boasts breathtaking views of the McDowell and Camelback Mountains, along with captivating city lights at night. Enjoy the privacy of this expansive lot while benefiting from its proximity to amenities; the Mayo Clinic is just three minutes away, and several grocery stores are within a short distance. Convenient access to the 101 Freeway adds to its appeal. The property features R-43 zoning, allowing for one house per acre, and adheres to Scottsdale's ESL Ordinance requiring Natural Area Open Space. Utilities are readily available, and there is no HOA, with no mandated build timeframe. The surrounding neighborhood showcases custom luxury homes valued in the higher million-dollar range. A survey and topographical map are included. The asking price is $699,000. The lot's APN is 217-42-058-A. Financing options are available with bank loans requiring 20-30% down payment. This is a truly remarkable opportunity to create your dream home in a highly desirable location. Lease expiration is October 5, 2025, with 0.9 years remaining.

Property profile
Verified
Property type Commercial real estate
Lot 1.16 ac (50,530 SF)
APN 217-42-058-A
UPID US07-0980132
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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