Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16285 Scottsdale Rd Scottsdale, AZ 85254-1522
    Back to Search
    Property profile & analytics

    16285 Scottsdale Rd Scottsdale, AZ 85254-1522

    View on Map
    • Warehouses
    • 99,330 SF
    • 2.53 lot acres
    Off-Market
    Last Sale Apr 23, 2021
    $1,145,000
    Property ID
    US07-0836809
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lowe's Garden Center / Garden Center
    • lowes Garage Door Repair Opener Installation / Building Supply / General Contractor
    • Indoor Lumber Yard / Big Box & Wholesale Store / Building Supply
    • Minute Key / Locksmith / (Bike/Boat/Book/etc) Store
    • Lowe's ProServices / Building Supply / Industrial Manufacturer

    Property Details for 16285 Scottsdale Rd

    Year built
    2020
    Lot size
    2.53 lot acres
    Property size
    99,330 SF
    Zone code
    C-4
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    215-45-041
    APU
    21545041

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.918
    Latitude
    33.6333
    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
    $159,863
    $0.00
    $0.00
    $2,644,967
    -
    $4,129,100
    $11,901,000
    $16,030,100

    Comparable in this City

    • Value Estimation
      $7,365,000
      66,594 SF

      6875 Becker Ln

      MINI-WAREHOUSE, STORAGE • 66,594 SF
      6875 Becker Ln, Scottsdale, AZ 85254-5271
      View Details
    • Value Estimation by Request
      6,600 SF

      16001 Scottsdale Rd

      WAREHOUSE, STORAGE • 6,600 SF
      16001 Scottsdale Rd, Scottsdale, AZ 85254-2153
      View Details
    • Value Estimation
      $4,940,000
      20,730 SF

      4848 Cactus Rd

      LIGHT INDUSTRIAL • 20,730 SF
      4848 Cactus Rd, Scottsdale, AZ 85254-4163
      View Details
    • Value Estimation by Request

      Scottsdale, AZ 85254

      MINI-MALL
      Scottsdale, AZ 85254
      View Details
    • Value Estimation by Request
      0.06 Acres

      7125 Becker Ln

      COMMERCIAL (GENERAL) • 0.06 Acres
      7125 Becker Ln, Scottsdale, AZ 85254-5209
      View Details
    • Value Estimation by Request
      0.06 Acres

      10824 71st Pl

      COMMERCIAL (GENERAL) • 0.06 Acres
      10824 71st Pl, Scottsdale, AZ 85254-6192
      View Details

    Similar Nearby for Sale

    • $150,000
      3,630 SF

      Scottsdale Assisted Living Business Opportunity

      Successful assisted living business with high income and full staff.
      6228 E Assisted Living Ave, Scottsdale, AZ 85254
      View Details
    • $2,238,000
      900 SF

      Scottsdale Retail Investment Opportunity

      Starbucks-Leased Retail Building
      7050 E Shea Blvd, Scottsdale, AZ 85254
      View Details
    • Contact for pricing

      Retail Space Near Kierland Commons

      Retail property near Scottsdale, high traffic, ample parking.
      6339 E Greenway Rd, Scottsdale, AZ 85254
      View Details
    • $2,200,000
      1.00 Acre

      Scottsdale Land with Development Potential

      Over one acre lot in prime Scottsdale location.
      12210 N 67Th St, Scottsdale, AZ 85254
      View Details
    • $2,150,000
      Pending

      Scottsdale Assisted Living Residence

      Assisted living residence in Scottsdale, licensed for 10 beds.
      Scottsdale, AZ 85254
      View Details
    • Contact for pricing
      8,577 SF

      Scottsdale Retail/Office Space Available

      Retail or office space with parking and patio.
      15445 N Scottsdale Rd, Scottsdale, AZ 85254
      View Details

    Similar Nearby for Lease

    • $6,800 /Mo
      200,000 SF

      Scottsdale Warehouse Space Available

      Warehouse space available for rent in Scottsdale, Arizona.
      8888 E Raintree Dr, Scottsdale, AZ 85254
      View Details
    • Contact for pricing

      Promenade Corporate Center

      Discover many ways to work your way in Promenade Corporate Center
      16427 Scottsdale Rd, Scottsdale, AZ 85254
      View Details
    • Contact for pricing

      Kierland

      Discover many ways to work your way in Kierland
      7047 Greenway Pkwy, Phoenix, AZ 85254
      View Details
    • $43 SF/Yr
      98,100 SF

      Scottsdale Quarter Office Suites

      Class A Office Space, Scottsdale, AZ
      15279 Scottsdale Rd, Scottsdale, AZ 85254
      View Details
    • Contact for pricing

      Scottsdale Office Condo For Lease

      2,516 SF office condo in Scottsdale's Bell Professional Center.
      5425 E Bell Rd, Scottsdale, AZ 85254
      View Details
    • $34 SF/Yr

      Scottsdale Office Space Available

      Office building with 106000 square feet available for lease.
      14636 North Scottsdale Rd, Scottsdale, AZ 85254
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16285 Scottsdale Rd
    Scottsdale, AZ 85254-1522
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16285 Scottsdale Rd, Scottsdale, AZ, 85254
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!