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Property profile & analytics
OFF-MARKET
Estimated value
$21,240,000
Hotels
17010 Scottsdale Rd, Scottsdale, AZ 85255-9616
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US07-0415665
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
CONCRETE
Total area
83,097 SF
Lot
3.68 ac (160,144 SF)
Zoning code
C-C
APN
215-43-319A
UPID
US07-0415665
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
-
Carlingas Restaurant
-
the boulders Gym & Fitness Center Sports Field & Court
-
Courtyard Scottsdale North Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.64M
Blend (final)
Blend
$21.24M
Owner & transaction history
Summit Group Of Scottdale Az · 22 yrs held
Summit Group Of Scottdale Az
since 2003
6 recorded transactions
Zoning & alternative use
C-C · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$34.2M
+315.8%
Medical building
$29.0M
+252.6%
Neighborhood: shopping center
$18.0M
+118.4%
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
AUTO REPAIR, GARAGE
$34,240,000
Change: +316% · Conversion: Difficult
MEDICAL BUILDING
$29,035,000
Change: +253% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,985,000
Change: +118% · Conversion: Difficult
OFFICE BUILDING
$16,740,000
Change: +103% · Conversion: Difficult
Blend value · Realmo final
$21.24M
Range $19.12M – $23.36M · ±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
$256 / 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
$182,220
Tax year 2023
Assessed value
$2,600,096
Assessed 2024
Previous assessed
$2,296,887
+13.2% YoY
Effective rate
7.01%
On assessed value
Land market value
$4,618,200
Improvement market value
$11,139,960
Total market value
$15,758,160
Applied tax rate
691,300.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
3
Total area
83,097 SF
Lot
3.68 ac (160,144 SF)
Zoning code
C-C
APN
215-43-319A
UPID
US07-0415665
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Scottsdale, AZ
Zoning C-C · permitted uses
C-C · 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
AUTO REPAIR, GARAGE
Est. value
$34.2M
MEDICAL BUILDING
Est. value
$29.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.0M
OFFICE BUILDING
Est. value
$16.7M
AUTO REPAIR, GARAGE
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
1998
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
3
Lot
3.68 ac
Current owner
From public records · entity-resolved
Summit Group Of Scottdale Az
Entity
Mailing address
12600 HL COUNTRY BLVD STE R-100, AUSTIN, TX 78738-6748
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2019
—
Alpana Saini
—
Deed
related
$552,000 · Bank Of America
Dec 10, 2009
—
Summit Group Of Scottsdale Arizon
—
Deed Of Trust
related
$8,650,000 · National Western Life Ins
Aug 7, 2003
$23,000,000
Summit Group Of Scottdale Az
Dana Suites/bell Hospital LLC
Grant Deed
—
—
—
Summit Group Of Scottsdale Arizon
—
Loan Modification
related
$9,750,000 · Ge Cap Bk
—
—
Hospitality L L C Bell
—
Deed Of Trust
related
$4,910,000 · Compass Bank
—
—
Alpana Saini
—
Deed Of Trust
related
$552,000 · Bank Of America
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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