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Property profile & analytics
OFF-MARKET
Estimated value
$5,500,000
Industrial land
15080 78th Way Scottsdale, AZ 85260-2562
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1150824
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.97 ac (85,800 SF)
Zoning code
I-P
APN
215-55-035
UPID
US07-1150824
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.50M
Owner & transaction history
Tolleson 70 LLC · 2 yrs held
Tolleson 70 LLC
since 2023
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
I-P · 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
Method
Estimation
Statistic approach
$4,520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.50M
Range $4.95M – $6.05M · ±10% · vs last sale $5.50M (Oct 17 2023)
Last sale anchor
$5.50M
Oct 17 2023
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
—
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
$26,207
Tax year 2023
Assessed value
$339,390
Assessed 2024
Previous assessed
$294,720
+15.2% YoY
Effective rate
7.72%
On assessed value
Land market value
$2,262,600
Total market value
$2,262,600
Applied tax rate
691,400.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
1.97 ac (85,800 SF)
Zoning code
I-P
APN
215-55-035
UPID
US07-1150824
Jurisdiction
MARICOPA
Zoning & alternative use
I-P · Scottsdale, AZ
Zoning I-P · permitted uses
I-P · 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
1.97 ac
Current owner
From public records · entity-resolved
Tolleson 70 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3131 E CAMELBACK RD STE #310, PHOENIX, AZ 85016-4536
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
$5,500,000
Tolleson 70 LLC
West Scottsdale Airpark LLC
Special Warranty Deed
—
Feb 11, 2015
—
R3t Holdings LLC
Tnt Boys LLC
Grant Deed
—
Jul 18, 2014
$2,511,111
Tnt Boys LLC
Arizona Community Inv Corp
Grant Deed
—
Feb 15, 2001
$2,574,000
Arizon Community Inv Corp
Cactus Resort Properties INC
Grant Deed
—
Jun 25, 1999
$1,500,000
Cactus Resort Properties INC
Southwest Jet Corp Center LLC
Grant Deed
—
Mar 19, 1999
$1,500,000
Southwest Jet Corporate Ctr
Houtz,jim & Joyce
Grant Deed
—
Feb 5, 1999
$1,500,000
Jjc LLC
Brewer,charles M
Trustees Deed
—
Feb 5, 1999
—
Charles M Brewer
Brewer,ina L
Quit Claim 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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