Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14220 Northsight Blvd, Unit 134 Scottsdale, AZ 85260-3949
    Back to Search
    Property profile & analytics

    14220 Northsight Blvd, Unit 134, Scottsdale, AZ 85260-3949

    View on Map
    • Office buildings
    • 11,620 SF
    • 0.03 lot acres
    Off-Market
    Property ID
    US07-1887859
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Berk Law Group, PC / Law Firm
    • Reaume Daphne J / Law Firm
    • Antognini Melissa A / Physician
    • Dairiki, Tami MD / Physician
    • Carfagno Insurance Services / Insurance Agency

    Property Details for 14220 Northsight Blvd

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    0.03 lot acres
    Zone code
    S-R
    Property type
    Office buildings
    APN
    215-53-093
    APU
    21553093

    Description

    This exceptional 2,566 square foot medical office condominium is located at 14220 N Northsight Blvd, Suites 144 & 145, in the desirable Northsight 101 complex of Scottsdale, Arizona. Built in 2006, this single-story Class B building offers a contemporary design with tasteful interior finishes and new flooring throughout. The efficient floor plan features clean lines, glass walls, and sidelights, maximizing natural light. The property boasts a private patio overlooking Northsight Park, providing a tranquil outdoor space. Additional amenities include a large common area patio with seating and a grill, perfect for hosting events. Conveniently located with easy access to Raintree Road and the Loop 101 freeway, this property offers effortless pull-up parking directly in front of the suite. The property is zoned S-R and features the APN numbers 215-53-097 & 215-53-098. The asking price is $962,250. This amenity-rich location offers numerous nearby restaurants and retail options. This is a unique opportunity to acquire a meticulously designed and well-situated medical office condominium in a highly sought-after Scottsdale location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $740,000
      Market price range: $741k - $3.17M
      AI Estimate
      $702,000
      Market price range: $694k - $3.12M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.899
    Latitude
    33.6148
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,445
    $0.00
    $0.00
    $77,930
    -
    $94,400
    $377,900
    $472,300

    Comparable in this City

    • Value Estimation
      $665,000
      6,400 SF

      9835 Bell Rd Ste, Unit 130

      OFFICE BUILDING
      9835 Bell Rd Ste, Scottsdale, AZ 85260-2355
      View Details
    • Value Estimation
      $715,000
      11,620 SF

      14220 Northsight Blvd Ste, Unit 139

      OFFICE BUILDING
      14220 Northsight Blvd Ste, Scottsdale, AZ 85260-3950
      View Details
    • Value Estimation
      $1,345,000
      6,400 SF

      9821 Bell Rd Ste, Unit 140

      OFFICE BUILDING
      9821 Bell Rd Ste, Scottsdale, AZ 85260-2346
      View Details
    • Value Estimation
      $705,000
      6,400 SF

      9835 Bell Rd Ste, Unit 140

      OFFICE BUILDING
      9835 Bell Rd Ste, Scottsdale, AZ 85260-2355
      View Details
    • Value Estimation
      $5,595,000
      25,181 SF

      9383 Bahia Dr Ste, Unit 200

      OFFICE BUILDING
      9383 Bahia Dr Ste, Scottsdale, AZ 85260-1017
      View Details
    • Value Estimation
      $2,565,000
      41,567 SF

      8765 Bell Rd Ste, Unit 201

      OFFICE BUILDING
      8765 Bell Rd Ste, Scottsdale, AZ 85260-1321
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Established Office Building in Phoenix

      91,469 SF office building with 91% occupancy.
      8952 East Desert Cove Ave, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      10,659 SF

      Scottsdale Freestanding Office Building

      Freestanding, single-story office building in Scottsdale for sale or lease.
      10605 N Hayden Rd, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      6,348 SF

      Scottsdale Office Building For Sale

      Office building with owner/user opportunity in Scottsdale, Arizona.
      14201 N 87Th St, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      7,477 SF

      Raintree Circle Office Investment Opportunity

      Multi-tenant office building in Raintree Office Park, 100% leased.
      8950 E Raintree Circle Dr, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      2,563 SF

      Scottsdale Office Condo For Sale

      2,563 SF office condo in Hayden Business Center.
      14201 Hayden Rd, Scottsdale, AZ 85260
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,781 SF

      Class A Garden-Style Office

      64,000 SF office building with ample parking.
      15300 N 90Th St, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      130,000 SF

      Scottsdale Office Space For Rent

      Office space for rent near Loop 101 Pima Freeway.
      16425 N Pima Rd, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      49,826 SF

      Class A Office Space

      Office building in Scottsdale Airpark near Kierland Commons.
      15111 N Pima Rd, Scottsdale, AZ 85260
      View Details
    • Contact for pricing

      Office/Warehouse in McDowell Mountain Park

      Office and warehouse space available for lease in Scottsdale.
      16585 N 92Nd St, Scottsdale, AZ 85260
      View Details
    • Contact for pricing

      Class A Sublease in Scottsdale

      Premier creative space with recording studio near Scottsdale Airport.
      15333 North Pima Rd, Scottsdale, AZ 85260
      View Details
    • $32 SF/Yr

      Scottsdale Office Space For Rent

      Office space available for lease in Scottsdale, Arizona.
      15333 N Pima Rd, Scottsdale, AZ 85260
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14220 Northsight Blvd, Unit 134
    Scottsdale, AZ 85260-3949
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14220 Northsight Blvd, Scottsdale, AZ, 85260
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!