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Property profile & analytics
OFF-MARKET
Estimated value
$495,000
Office buildings
1620 82nd Pl 2 Scottsdale, AZ 85257-3012
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-0557374
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
CONCRETE
Total area
3,135 SF
Lot
0.28 ac (12,197 SF)
Zoning code
C-S
APN
131-40-105F
UPID
US07-0557374
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
-
Vektor Vodka Industrial Manufacturer Production Facility
-
Borrowers View Central Loan Service Bank
-
ACE Solar Systems Production Facility
-
Capstone Financial Loan Service Bank
-
Sebit (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$495k
Owner & transaction history
Capstone Finl · 7 yrs held
Capstone Finl
since 2019
7 recorded transactions
Zoning & alternative use
C-S · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-family Residential District. Service Residential (S-R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (C-3) General Commercial (C-4) Support Services (S-S) Commercia…
Zone name
Regional Shopping Center
General category
COMMERCIAL
Zone area
43.72 ac
Top alternative use upside
Commercial (general)
$1.5M
+139.8%
Retail stores
$1.4M
+125.8%
Auto repair, garage
$1.3M
+102.0%
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
OFFICE BUILDING
$640,000
Current use
COMMERCIAL (GENERAL)
$1,535,000
Change: +140% · Conversion: Easy
RETAIL STORES
$1,445,000
Change: +126% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,290,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$1,095,000
Change: +71% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$495k
Range $446k – $545k · ±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
$158 / 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
$5,640
Tax year 2022
Assessed value
$141,480
Assessed 2024
Previous assessed
$168,198
-15.9% YoY
Effective rate
3.99%
On assessed value
Land market value
$320,300
Improvement market value
$537,156
Total market value
$857,456
Applied tax rate
481,400.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,135 SF
Lot
0.28 ac (12,197 SF)
Zoning code
C-S
APN
131-40-105F
UPID
US07-0557374
Jurisdiction
MARICOPA
Zoning & alternative use
C-S · Scottsdale, AZZoning C-S · permitted uses
C-S · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-family Residential District. Service Residential (S-R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (C-3) General Commercial (C-4) Support Services (S-S) Commercial Office (C-O) Planned Regional Center (PRC) Planned Convenience Center (PCoC) • Mi
Zone name
Regional Shopping Center
General category
COMMERCIAL
Zone area
43.72 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Capstone Finl
Individual
Mailing address
1620 N 82ND PL, SCOTTSDALE, AZ 85257-3012
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
—
Ctp Funding LLC
—
Deed
related
$705,000 · First Fidelity Bank
Jul 22, 2019
$170,525
Capstone Finl
Statewide Foreclosure Svcs
Grant Deed
related
—
Mar 28, 2019
—
Ctp Fndg LLC
Stone Real Properties LLC
Quit Claim Deed
related
—
Jan 8, 2019
$550,000
Stone Real Properties LLC
Von Paul LLC
Special Warranty Deed
$440,000 · Western Alliance Bank
Dec 30, 2015
$450,000
Von Paul LLC
Pure Construction LLC
Special Warranty Deed
$405,000 · Bmo Harris Bank NA
Sep 8, 2015
—
Pure Construction LLC
Nuenergy LLC
Quit Claim Deed
related
—
Jul 22, 2014
—
Nuenergy LLC
Pure Construction LLC
Quit Claim Deed
related
—
Jul 13, 2012
$350,000
Pure Construction LLC
Johnson Livest Mppp Of Trust Trust
Grant Deed
—
Jul 13, 2012
$310,001
Livestock Money Purchase Pp
Ball,james B
Trustees Deed
—
Jun 18, 2010
$310,001
Livestock Mppp Of Trust
Ball James B
Trustees Deed
—
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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