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Property profile & analytics
OFF-MARKET
Estimated value
$2,185,000
Distribution centers
16601 90th St 100101 Scottsdale, AZ 85260-2788
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-3346729
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2003
Construction
CONCRETE
Total area
9,716 SF
Lot
0.82 ac (35,502 SF)
Zoning code
I-1
APN
217-13-001D
UPID
US07-3346729
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
-
Clinical Research Fastrack Training Center
-
Gold Cash Buyers Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Just Tattoo Removal Tattoo & Piercing Shop Skin Care Clinic
-
Pettersen Sonja MD Alternative Medicine Practice
-
RinoWave Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.92M
Blend (final)
Blend
$2.19M
Owner & transaction history
Malo Properties LLC · 3 yrs held
Malo Properties LLC
since 2022
5 recorded transactions
Zoning & alternative use
I-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.4M
+127.2%
Neighborhood: shopping center
$2.1M
+40.7%
Office building
$1.6M
+4.7%
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
WAREHOUSE, STORAGE
$1,495,000
Current use
MEDICAL BUILDING
$3,395,000
Change: +127% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,105,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$1,565,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.40M · ±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
$225 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$16,530
Tax year 2023
Assessed value
$411,576
Assessed 2024
Previous assessed
$375,700
+9.5% YoY
Effective rate
4.02%
On assessed value
Land market value
$903,900
Improvement market value
$1,590,500
Total market value
$2,494,400
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
9,716 SF
Lot
0.82 ac (35,502 SF)
Zoning code
I-1
APN
217-13-001D
UPID
US07-3346729
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Scottsdale, AZ
Zoning 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
Scottsdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Malo Properties LLC
Entity
Mailing address
16601 N 90TH ST, SCOTTSDALE, AZ 85260-2788
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
—
National Laser Institute LLC
—
Deed
related
$3,100,000 · Jpmorgan Chase Bank NA
Aug 17, 2022
—
Malo Properties LLC
Malo Properties LLC
Intrafamily Transfer
related
$1,278,650 · Comerica Bank
Jan 31, 2020
—
Malo Properties LLC
—
Deed
related
$1,434,000 · Comerica Bank
May 15, 2018
—
Richards Dev LLC
Foothill Developers LLC
Warranty Deed
$250,000 · Foothill Developers LLC
—
—
Malo Properties LLC
—
Deed Of Trust
related
$800,000 · Business Development Finance
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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