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Property profile & analytics
OFF-MARKET
Estimated value
$7,690,000
Motels
3275 Drinkwater Blvd Scottsdale, AZ 85251-6405
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-3378674
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Construction
STEEL FRAME
Total area
32,436 SF
Lot
1.32 ac (57,645 SF)
Zoning code
C-R
APN
130-21-005E
UPID
US07-3378674
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
-
Hotel Scottsdale Hotel & Motel
-
embassy suites Hotel & Motel
-
Fairfield Inn & Suites by Marriott Scottsdale Downtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.60M
Blend (final)
Blend
$7.69M
Owner & transaction history
Flagstaff Mountain View INC · 8 yrs held
Flagstaff Mountain View INC
since 2018
7 recorded transactions
Zoning & alternative use
C-R · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.2M
+279.8%
Medical building
$11.3M
+252.6%
Neighborhood: shopping center
$7.0M
+118.4%
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
OFFICE BUILDING
$12,205,000
Change: +280% · Conversion: Difficult
MEDICAL BUILDING
$11,335,000
Change: +253% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,020,000
Change: +118% · Conversion: Difficult
Blend value · Realmo final
$7.69M
Range $6.92M – $8.46M · ±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
$237 / 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
$33,222
Tax year 2023
Assessed value
$741,846
Assessed 2024
Previous assessed
$691,560
+7.3% YoY
Effective rate
4.48%
On assessed value
Land market value
$1,640,700
Improvement market value
$2,855,337
Total market value
$4,496,037
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
3
Units
60
Total area
32,436 SF
Lot
1.32 ac (57,645 SF)
Zoning code
C-R
APN
130-21-005E
UPID
US07-3378674
Jurisdiction
MARICOPA
Zoning & alternative use
C-R · Scottsdale, AZ
Zoning C-R · permitted uses
C-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
OFFICE BUILDING
Est. value
$12.2M
MEDICAL BUILDING
Est. value
$11.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.0M
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
1995
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
3
Units
60
Lot
1.32 ac
Current owner
From public records · entity-resolved
Flagstaff Mountain View INC
Entity
Mailing address
PO BOX 207, FLAGSTAFF, AZ 86002-0207
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2024
—
Jpo 66 LLC
—
Deed
related
$1,500,000 · Ram 990 LLC
Dec 27, 2023
—
Flagstaff Mountain View INC
—
Deed
related
$2,800,000 · Alerus Financial NA
Jul 13, 2022
—
Flagstaff Mountain View INC
—
Deed
related
$3,300,000 · Metro Phoenix Bank
Jun 14, 2018
$7,175,000
Flagstaff Mountain View INC
W2005 Fargo Hotels Realty L P
Special Warranty Deed
$5,320,000 · Metro Phoenix Bank
Nov 13, 2017
—
W2005/fargo Hotels Pool C Re
—
Grant Deed
related
$960,000,000 · Jp Morgan Chase Bk
May 5, 2006
$5,236,178
Fargo Hotels Pool C Re W2005
Sonmar Of Scottsdale LLC
Grant Deed
—
May 5, 2006
—
Fargo Hotels Pool C Re W2005
Sonmar Of Scottsdale LLC
Deed Of Trust
related
$671,778,015 · Column Financial INC
Nov 1, 1994
$640,000
Sonmar Of Scottsdale L L C
Zerbib
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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