Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
16035 80th St Scottsdale, AZ 85260-1794
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-1503184
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
0.84 ac (36,755 SF)
Zoning code
I-1
APN
215-48-085
UPID
US07-1503184
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
-
Lincoln Electric Co General Contractor
-
Premier Kitchen and Bath Hardware & Home Improvement Interior Design
-
BuckyLabs (Bike/Boat/Book/etc) Store Pharmacy
-
TROFEO MOTORWORKS Auto Repair Shop
-
Muse Architecture Architect
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
The Locker LLC · 4 yrs held
The Locker LLC
since 2022
7 recorded transactions
Zoning & alternative use
I-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
nd rear yards, and a minimum six-foot high masonry wall or approved landscape screen on the side and rear property lines abutting any Residential District or an alley adjacent to a Residential District. Industrial Park (I-1) • Minimum 30-foot landscape buffer in the side and rear yards, and a minimum six-foot high masonry block wall or approved landscape scr…
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
1,365.54 ac
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
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
0.84 ac (36,755 SF)
Zoning code
I-1
APN
215-48-085
UPID
US07-1503184
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Scottsdale, AZZoning I-1 · permitted uses
I-1 · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
nd rear yards, and a minimum six-foot high masonry wall or approved landscape screen on the side and rear property lines abutting any Residential District or an alley adjacent to a Residential District. Industrial Park (I-1) • Minimum 30-foot landscape buffer in the side and rear yards, and a minimum six-foot high masonry block wall or approved landscape screen on the side and rear property lines abutting any Residential District. Light Em
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
1,365.54 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.84 ac
Current owner
From public records · entity-resolved
The Locker LLC
Entity
Mailing address
4856 E BASELINE RD STE #108, MESA, AZ 85206-4637
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Feb 25, 2025
—
Equity Builders INC
—
Deed
related
$450,000 · Midfirst Bank
Oct 19, 2022
—
Adhmah LLC
—
Deed
related
$3,800,000 · Midfirst Bank
Jul 29, 2022
$500,000
The Locker LLC
Tlazpropert LLC
Warranty Deed
$425,000 · Midfirst Bank
Dec 30, 2021
—
Kellys Emporium LLC
James Robert Kelly
Deed
related
—
May 1, 2019
$335,220
Tlazpropert LLC
Mn Designs INC
Grant Deed
—
Nov 9, 2018
—
Kelly Family Trust
Kelly,robert J & Joanne F
Quitclaim Deed
related
—
Oct 4, 2018
$361,000
1st Ents INC
Crosswire Exhibits LLC
Grant Deed
—
Apr 18, 2018
$385,000
Sunshine Realty Group LLC
Trenz Group LLC
Special Warranty Deed
$2,785,250 · Zb NA
Apr 6, 2018
$327,600
Howard Holdings INC
Real Estate Holdings One L
Grant Deed
$349,600 · Capitalsource
Aug 2, 2005
—
Airpark Ptrs 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16035 80th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
