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Property profile & analytics
OFF-MARKET
Estimated value
$3,110,000
Medical Office Space
3099 Civic Ctr Plz, Scottsdale, AZ 85251-6903
Individually Owned
5-yr Hold
Free & Clear
Property ID
US07-0455510
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
CONCRETE
Total area
8,713 SF
Lot
1.05 ac (45,538 SF)
Zoning code
S-R
APN
130-19-024A
UPID
US07-0455510
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
-
HonorHealth Heart Care - Osborn Medical Clinic
-
Bradley Oswood, MD Physician
-
Philip A Gideon MD Physician
-
Alan Tenaglia MD Physician
-
W. Scott Robertson, II, M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.91M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$3.11M
Owner & transaction history
Peter Matravers · 5 yrs held
Peter Matravers
since 2021
Last sale
$2.7M
5 recorded transactions
Zoning & alternative use
S-R · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.3M
+40.0%
Auto repair, garage
$3.6M
+17.9%
Office building
$3.3M
+7.7%
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
$3,690,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,070,000
6.5%
$1,910,000
7%
$1,775,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,045,000
Current use
COMMERCIAL (GENERAL)
$4,260,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,590,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$3,280,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$3.11M
Range $2.80M – $3.42M · ±10% · vs last sale $2.68M (Jun 9 2021)
Last sale anchor
$2.68M
Jun 9 2021
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
$357 / 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
$19,793
Tax year 2023
Assessed value
$419,702
Assessed 2024
Previous assessed
$427,108
-1.7% YoY
Effective rate
4.72%
On assessed value
Land market value
$1,332,200
Improvement market value
$1,211,450
Total market value
$2,543,650
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
8,713 SF
Lot
1.05 ac (45,538 SF)
Zoning code
S-R
APN
130-19-024A
UPID
US07-0455510
Jurisdiction
MARICOPA
Zoning & alternative use
S-R · Scottsdale, AZ
Zoning S-R · permitted uses
S-R · 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
MEDICAL BUILDING Current
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.3M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1984
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Peter Matravers
Individual
Free & Clear · 5 yrs held
Mailing address
28102 TEFIR, MISSION VIEJO, CA 92692-1324
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
—
The Matravers Family Trust
—
Deed
related
$1,628,084 · Us Bank NA
Jun 9, 2021
—
Peter Matravers
Peter Matravers
Intrafamily Transfer
related
—
Jan 9, 2019
$2,675,000
Peter Matravers
Dushantra LLC
Special Warranty Deed
$1,850,000 · Us Bank NA
Dec 2, 2014
—
Dushantra LLC
Connely,gary D
Grant Deed
related
—
Jun 20, 2014
$2,500,000
Gary D Connely
Cor Center
Grant Deed
—
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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