Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18333 Thompson Peak Pkwy Scottsdale, AZ 85255

    • Specialty properties
    • 1,830 SF
    • 213.75 lot acres
    OFF-MARKET
    Value Estimations
    $36,140,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2205282
    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.

    Current Use by Public Records

    • McDowell Sonoran Preserve / Park / Nature Preserve
    • Trail Head Preserve - McDowell Mountains / State Park / Hiking Area
    • McDowell Sonoran Preserve Gateway Trail / Nature Preserve / Tourist Attraction
    • Gateway Trailhead - McDowell Sonoran Preserve / Resort
    • Bajada Nature Trail 3/1/21 / Hiking Area

    Property Details for 18333 Thompson Peak Pkwy

    Year built
    2009
    Lot size
    213.75 lot acres
    Property size
    1,830 SF
    Zone code
    R1-10
    Property type
    Specialty properties
    APN
    217-11-152
    APU
    21711152

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $36,905,000
      Market price range: $799k - $36.9M
      AI Estimate
      $35,372,000
      Market price range: $518k - $35.4M

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.86
    Latitude
    33.6485
    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
    $0.00
    $0.00
    $0.00
    $6,499,920
    -
    $42,749,800
    $583,003
    $43,332,803

    Comparable in this City

    • Value Estimation
      $9,655,000
      3,024 SF

      10607 Paradise Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,024 SF
      10607 Paradise Ln, Scottsdale, AZ 85255-2470
      View Details
    • Value Estimation
      $9,815,000
      3,073 SF

      10095 Windgate Rnch Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,073 SF
      10095 Windgate Rnch Rd, Scottsdale, AZ 85255-6332
      View Details
    • Value Estimation
      $4,810,000
      1,506 SF

      25150 Windy Walk Drj

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,506 SF
      25150 Windy Walk Drj, Scottsdale, AZ 85255-8104
      View Details
    • Value Estimation by Request
      2,974 SF

      7230 Adobe Dr

      KENNEL • 2,974 SF
      7230 Adobe Dr, Scottsdale, AZ 85255-4050
      View Details
    • Value Estimation
      $5,900,000
      14,576 SF

      17477 82nd St

      VETERINARY, ANIMAL HOSPITAL • 14,576 SF
      17477 82nd St, Scottsdale, AZ 85255-5682
      View Details
    • Value Estimation by Request
      12,939 SF

      17900 Hayden Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 12,939 SF
      17900 Hayden Rd, Scottsdale, AZ 85255-6711
      View Details

    Similar Nearby for Sale

    • $689,000
      1,533 SF

      Move-In Ready Medical Office Condo

      Well-located Scottsdale medical office condo near major medical campuses.
      7336 E Deer Valley Rd, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      14,562 SF

      Scottsdale Industrial Property Available

      Industrial property available for sale in Scottsdale, Arizona.
      91st St. & Palo Brea Blvd, Scottsdale, AZ 85255
      View Details
    • $875,000
      5.00 Acres

      Exceptional Scottsdale Land Parcel

      Prime 5-acre lot with mountain views in Scottsdale, Arizona.
      N 128Th St, Scottsdale, AZ 85255
      View Details
    • $7,000,000
      30.18 Acres

      Silverleaf Estate Homesite Opportunity

      Rare 30.18-acre homesite with city, mountain, and golf views.
      21018 N 104Th St, Scottsdale, AZ 85255
      View Details
    • New
      $1,100,000
      0.69 Acres

      Troon Mountain Homesite with Valley Views

      Hillside lot in gated community with vast valley and mountain views.
      24988 N 114Th St, Scottsdale, AZ 85255
      View Details
    • $1,399,000
      0.69 Acres

      Desert Highlands Premier View Lot

      Rare opportunity in guard-gated Desert Highlands community.
      10040 E Happy Valley Rd, Scottsdale, AZ 85255
      View Details

    Similar Nearby for Lease

    • $1.55 SF/Yr
      84,680 SF

      Scottsdale, AZ Lease Opportunity

      Lease availability in Scottsdale, Arizona.
      8541 E Anderson Dr, Scottsdale, AZ 85255
      View Details
    • $1.55 SF/Yr
      6,042 SF

      North Scottsdale Location

      Located in North Scottsdale, near Loop 101.
      8541 E Anderson Dr, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      8,175 SF

      Scottsdale Retail Space For Lease

      Prime Scottsdale retail, multiple spaces available.
      18221 Pima Rd, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      75,000 SF

      Scottsdale Executive Office Space

      Prime Scottsdale location, 6,500 sq ft available.
      0 Sec Pinnacle Peak Rd & Scottsdale Rd, Scottsdale, AZ 85255
      View Details
    • $28 SF/Yr
      3,857 SF

      Scottsdale Creative Office Space

      Modern Scottsdale office, 2,193-3,857 sq ft.
      17787 Perimeter Dr, Scottsdale, AZ 85255
      View Details
    • $28 SF/Yr
      24,154 SF

      Scottsdale Executive Office Suites

      Prestigious Scottsdale Office Space Available
      8355 Hartford Dr, Scottsdale, AZ 85255
      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.
    18333 Thompson Peak Pkwy
    Scottsdale, AZ 85255
    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

    Google sign-in failed. Please try again or use another login method.