1805 Scottsdale Rd Tempe, AZ 85281-1556
Entity Owned
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$1.51M
Range $1.36M – $1.66M (±10%)
Property ID
US07-0512303
Property summary
AI-generated overview
This exceptional 9,923-square-foot Class B office building in Tempe, Arizona, presents a unique investment opportunity. Situated on a 0.83-acre lot at 1805 N Scottsdale Rd, 85288, this multi-tenant property offers a versatile layout ideal for various uses. The building, constructed in 1994 and renovated in 2018, features a blend of traditional, medical, and creative office spaces. Specifically, there's 4,900 square feet of turnkey medical office space and 5,023 square feet of adaptable creative office space. The property boasts modern finishes, including open ceilings and abundant natural light, along with private offices, conference rooms, and well-equipped break rooms. Ample covered parking is available, with a ratio of 54 spaces per 1,000 square feet. The highly visible corner location on Scottsdale Road provides excellent access to major freeways and proximity to HonorHealth Scottsdale Osborn Medical Center, ensuring high traffic visibility and strong signage opportunities. The asking price is $2,875,000. This vacant building is ready for immediate occupancy and presents a compelling opportunity for a diverse range of businesses.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
CONCRETE
Total area
9,923 SF
Lot
0.83 ac (36,242 SF)
Zoning code
C-G
APN
132-05-103A
UPID
US07-0512303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Plumbing Service General Contractor
-
Physician
-
Physician
-
Physician
-
Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.51M
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
C-G · Tempe, AZ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 17 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.51M
Value range
$1.36M – $1.66M
±10% around blend
Estimated value / SF
$152 / SF
Confidence
High
17 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$1.36M
blend $1.51M
$1.66M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,923 SF
Lot area
0.83 ac
Year built
1980
Stories
1
APN
132-05-103A
Assessed value
$119,844
Annual tax
$12,793
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.62M
Weighted, 17 comps · high confidence
Evidence
17 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.9 mi away · 11,499 SF
2.9 mi away · 7,824 SF
4.2 mi away · 9,156 SF
4.6 mi away · 8,985 SF
4.7 mi away · 10,082 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 35 sales
$269
-44%
Submarket 199 sales
$279
-45%
County 2871 sales
$239
-36%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $152/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 17 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$120k
Move the market yield to see immediate price impact.
Value / SF
$12
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8k
$151k
$108k
$84k
$8k
$168k
$120k
$93k
$9k
$185k
$132k
$103k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
17 found
High confidence · county-verified
Closest comparable
$3.85M
2.0 mi · May 2026 · $338/SF
Property tax & assessments
Tax year 2016Property tax & assessments
Tax year 2016
Tax billed
$12,793
Tax year 2016
Assessed value
$119,844
Assessed 2017
Previous assessed
$119,844
+0.0% YoY
Effective rate
10.67%
On assessed value
Assessed land
$80,748
Assessed improvement
$39,096
Land market value
$448,600
Improvement market value
$217,200
Total market value
$665,800
Applied tax rate
31,600.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
9,923 SF
Lot
0.83 ac (36,242 SF)
Zoning code
C-G
APN
132-05-103A
UPID
US07-0512303
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Tempe, AZZoning C-G · permitted uses
C-G · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.83 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-G
Jurisdiction
Tempe, AZ
Recorded code
C-G
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-G in Tempe, AZ.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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