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Property profile & analytics
OFF-MARKET
Estimated value
$13,310,000
Warehouses
2950 Pima Rd Scottsdale, AZ 85251-7350
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-2532346
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1966
Construction
CONCRETE
Total area
44,219 SF
Lot
4.38 ac (190,669 SF)
Zoning code
I-1
APN
130-39-099
UPID
US07-2532346
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
-
Scottsdale Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.31M
Blend (final)
Blend
$13.31M
Owner & transaction history
Gsa Pima LP · 5 yrs held
Gsa Pima LP
since 2021
1 recorded transaction
Zoning & alternative use
I-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
nd rear yards, and a minimum six-foot high masonry wall or approved landscape screen on the side and rear property lines abutting any Residential District or an alley adjacent to a Residential District. Industrial Park (I-1) • Minimum 30-foot landscape buffer in the side and rear yards, and a minimum six-foot high masonry block wall or approved landscape scr…
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
1,365.54 ac
Top alternative use upside
Commercial (general)
$21.6M
+218.0%
Auto repair, garage
$18.2M
+167.9%
Office building
$16.6M
+144.7%
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
COMMERCIAL (GENERAL)
$21,625,000
Change: +218% · Conversion: Difficult
AUTO REPAIR, GARAGE
$18,220,000
Change: +168% · Conversion: Easy
OFFICE BUILDING
$16,640,000
Change: +145% · Conversion: Difficult
MEDICAL BUILDING
$15,450,000
Change: +127% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,570,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$13.31M
Range $11.98M – $14.64M · ±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
$301 / 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
$125,886
Tax year 2023
Assessed value
$3,638,168
Assessed 2024
Previous assessed
$3,095,479
+17.5% YoY
Effective rate
3.46%
On assessed value
Land market value
$5,207,100
Improvement market value
$16,842,400
Total market value
$22,049,500
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Buildings
12
Stories
1
Units
12
Total area
44,219 SF
Lot
4.38 ac (190,669 SF)
Zoning code
I-1
APN
130-39-099
UPID
US07-2532346
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Scottsdale, AZZoning 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
Zoning description
nd rear yards, and a minimum six-foot high masonry wall or approved landscape screen on the side and rear property lines abutting any Residential District or an alley adjacent to a Residential District. Industrial Park (I-1) • Minimum 30-foot landscape buffer in the side and rear yards, and a minimum six-foot high masonry block wall or approved landscape screen on the side and rear property lines abutting any Residential District. Light Em
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
1,365.54 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$21.6M
AUTO REPAIR, GARAGE
Est. value
$18.2M
OFFICE BUILDING
Est. value
$16.6M
MEDICAL BUILDING
Est. value
$15.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.6M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1966
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
12
Units
12
Lot
4.38 ac
Current owner
From public records · entity-resolved
Gsa Pima LP
Entity
Mailing address
2082 MICHELSON DR STE 212B, IRVINE, CA 92612-1212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2021
—
Gsa Pima LP
—
Deed
related
$23,000,000 · State Farm Life Insurance Co
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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