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    1612 Scottsdale Rd, Unit 2 Tempe, AZ 85288-1512
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    Property profile & analytics

    1612 Scottsdale Rd, Unit 2, Tempe, AZ 85288-1512

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    • Motels
    • 7,636 SF
    • 1.38 lot acres
    Off-Market
    Last Sale Mar 9, 2022
    $7,515,244
    Property ID
    US07-2650915
    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
    $6,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motel 6 Tempe, AZ - Scottsdale South / Hotel & Motel
    • Tempe / Housing Society

    Property Details for 1612 Scottsdale Rd

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    1.38 lot acres
    Zone code
    M-H
    Property type
    Motels
    APN
    132-71-118C
    APU
    13271118C

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 17, 2024 — Mk Scottsdale South LLC — Deed · related $13.2M · Ni Capital LLC
    Jan 31, 2023 — America First Federal Credit Union Mk Scottsdale South LLC Assignment Of Lease (leasehold Sale) · related $8.8M · America First FCU
    Mar 9, 2022 $7,515,244 Mk Scottsdale South LLC G6 Hospitality Property LLC Special Warranty Deed $8.8M · Ni Capital II LLC
    Sep 13, 2021 — G6 Hospitality Property LLC — Deed · related $685M · Jpmorgan Chase Bank NA
    Nov 18, 2019 — Scottsdale & Hancock LLC — Deed · related $750k · Basea LLC
    Aug 10, 2017 — G6 Hospitality Property LLC — Grant Deed · related $2,010M · Jp Morgan Chase Bk
    Sep 14, 2012 $25,417 G6 Hospitality Property LLC Glasjar Property LLC Grant Deed —
    Sep 14, 2012 $4,615,248 G6 Hospitality Property LLC Gj Remainder LLC Grant Deed —
    Feb 28, 2001 $46,860 Gj Remainder LLC Glasjar Funding LP Trustees Deed —
    Feb 28, 2001 $4,481,660 Glasjar Property LLC Glasjar Funding LP Trustees Deed · related —
    Mar 4, 1997 — Allstar Inns INC Motel 6 G P Grant Deed · related —
    Feb 19, 1997 $4,651,593 Funding L P Glasjar Allstar Inns INC Grant Deed · related $310.3M · Chase Manhattan Bank
    Feb 17, 1994 — Allstar Inns INC Allstar Inns Ope Quit Claim Deed · related —
    — — Scottsdale & Hancock LLC — Deed Of Trust · related $750k · Basea LLC
    — — G6 Hospitality Property LLC — Deed Of Trust · related $1,800M · German Am Cap

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,750,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,388,000
      Market price range: $1.24M - $5.55M
      AI Estimate
      $5,324,000
      Market price range: $995k - $5.36M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $5,325,000
      AUTO REPAIR, GARAGE
      $5,250,000
      RETAIL STORES
      $4,020,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.927
    Latitude
    33.4476
    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
    $36,776
    $0.00
    $0.00
    $475,654
    -
    $1,429,200
    $1,453,554
    $2,882,754
    More about this property
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