Financial
Distress signals
Property profile

17851 N 85Th St Scottsdale, AZ 85255

FOR LEASE
Office buildings
Property ID
US07-1339553
97,205 SF 8.73 ac lot Built 2005
Last sale Jul 2023 · $12,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A creative office building, located at 17851 N 85th St in Scottsdale, Arizona, offers a prime location with unparalleled visibility. The three-story building, constructed in 2006, boasts a total of 93,000 square feet of meticulously designed space, perfect for a variety of businesses. Units range from 2,782 to 16,099 square feet, providing flexibility for tenants of all sizes. The building features a stunning central lobby and high-end finishes throughout, creating a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$371k
Tax billed · 2023
Assessed value · 2024$4.55M
Effective rate8.17%

Value estimate

· Sep 2026
$11.47M
$10.32M – $12.61M
CAP approach$25.26M
NOI build-up
Gross scheduled income$2.39M
Vacancy & credit loss−$425k
Operating expenses−$491k
NOI · 4,206,714.29% cap applied$1.47M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$201/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$40 – $303
Qualifying comparables12

Cap rate analysis

How does the asset earn?
4,206,714.29%
$1.47M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-1
The I-1 District is intended to provide for light manufacturing, aeronautical, light industrial, office and supportive uses to sustain an...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.0
Auto Repair Shop17.1
Restaurant14.5

Location

17851 N 85Th St Scottsdale, AZ 85255
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8322 Hartford, Scottsdale, AZ 85255-5466 $6,750,000 May 2025 21,064 SF
21803 Scottsdale, Scottsdale, AZ 85255-7438 $1,535,000 Feb 2025 43,442 SF
8700 Vis Bonita Dr, Scottsdale, AZ 85255-3203 $7,650,000 May 2024 58,827 SF
17785 Pacesetter, Scottsdale, AZ 85255-5439 $6,001,500 May 2024 20,005 SF
17470 Pacesetter, Scottsdale, AZ 85255-5445 $6,550,000 Nov 2023 19,857 SF
17350 Hartford, Scottsdale, AZ 85255-5694 $8,600,000 Nov 2023 25,365 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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