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Property profile

3226 N Miller Rd Scottsdale, AZ 85251

FOR LEASE
Medical Office Space
Property ID
US07-3393877
2,160 SF 0.73 ac lot Built 1977
Last sale Sep 2019 · $1,515,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Monterey Plaza is a fee-simple, single-story, multi-tenant medical office campus consisting of three medical office buildings. The property totals 8,028 square feet per the Maricopa Assessor and is configured as medical office space within a concentrated multi-building complex, designed to support multiple tenants. The campus includes one vacant unit totaling 1,028 square feet, which indicates available interior space within the existing tenancy layout. Monterey Plaza is located at 3226 N…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$346k
Effective rate3.80%

Value estimate

· Oct 2026
$1.48M
$1.33M – $1.62M
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$7k
Operating expenses−$8k
NOI · 84,867.86% cap applied$24k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$349/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$130 – $589
Qualifying comparables3

Cap rate analysis

How does the asset earn?
84,867.86%
$24k 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?
S-R
The S-R district is transitional, intended primarily to provide offices of a residential scale and character, to serve nearby neighborhoo...
General categoryRESIDENTIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.5
Watch Repair Shop9.0
Shoe Repair8.8

Location

3226 N Miller Rd Scottsdale, AZ 85251
County assessor Recorded deeds · 4 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7321 Osborn, Scottsdale, AZ 85251-6418 $2,275,000 Jul 2025 7,305 SF
3030 67th, Scottsdale, AZ 85251-6000 $1,250,000 Dec 2024 4,819 SF
7002 Osborn, Scottsdale, AZ 85251-6325 $699,000 Mar 2024 1,042 SF
3126 Civic Ctr, Scottsdale, AZ 85251-6912 $1,500,000 Oct 2022 4,685 SF
3225 Civic Ctr, Scottsdale, AZ 85251-6919 $2,090,000 Apr 2020 7,514 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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