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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Commercial real estate
15419 Rio Verde Dr Scottsdale, AZ 85262-9521
Trust Owned
6-yr Hold
Free & Clear
Property ID
US07-1709083
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Total area
840 SF
Lot
7.89 ac (343,770 SF)
Zoning code
RU-43
APN
219-37-414B
UPID
US07-1709083
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
-
Out West Stallion Station Horse Breeder Stable
-
Flaherty Performance Horses Animal Training
-
Huss Performance Horses Animal Training
-
LVK Performance Horses Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Cook,david K & Bobbie J Trust · 6 yrs held
Cook,david K & Bobbie J Trust
since 2019
6 recorded transactions
Zoning & alternative use
RU-43 · 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
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
COMMERCIAL (GENERAL)
$410,000
Current use
RETAIL STORES
$385,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$345,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$613 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,262
Tax year 2022
Assessed value
$87,289
Assessed 2024
Previous assessed
$68,949
+26.6% YoY
Effective rate
1.45%
On assessed value
Land market value
$550,070
Improvement market value
$31,857
Total market value
$581,927
Applied tax rate
930,000.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
NONE
Buildings
6
Stories
1
Total area
840 SF
Lot
7.89 ac (343,770 SF)
Zoning code
RU-43
APN
219-37-414B
UPID
US07-1709083
Jurisdiction
MARICOPA
Zoning & alternative use
RU-43 · Scottsdale, AZ
Zoning RU-43 · permitted uses
RU-43 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$410,000
RETAIL STORES
Est. value
$385,000
AUTO REPAIR, GARAGE
Est. value
$345,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2005
Heating
NONE
Stories
1
Buildings
6
Lot
7.89 ac
Current owner
From public records · entity-resolved
Cook,david K & Bobbie J Trust
Trust
Free & Clear · 6 yrs held
Mailing address
8502 N 58TH PL, PARADISE VALLEY, AZ 85253-2202
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2019
—
Cook,david K & Bobbie J Trust
David K Cook
Quit Claim Deed
related
—
Jan 6, 2004
$467,200
David K Cook
General Homes Corp
Grant Deed
$350,400 · Wells Fargo Bank Arizona
May 2, 2003
$411,600
Lloyd,tr
Green,dustin & Patricia
Grant Deed
—
May 31, 2002
$1,275,000
Out West Stallion Station LLC
Watkins Leasing LLC
Grant Deed
—
Jul 6, 2001
$255,000
Dustin Green
Acridge,chrisatine V
Grant Deed
—
Jan 11, 1999
—
Christine V Acridge
Day,timothy D
Quit Claim Deed
related
$450,528 · Johnson Bank Arizona NA
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.
Try Rey
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