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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Medical Office Space
3320 Miller Rd, Scottsdale, AZ 85251-6430
Entity Owned
15-yr Hold
Free & Clear
Property ID
US07-3388880
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
CONCRETE
Total area
4,742 SF
Lot
0.2 ac (8,754 SF)
Zoning code
S-R
APN
130-20-027
UPID
US07-3388880
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
-
Dr. Randall K. Tozer, MD Ophthalmologist
-
Dr. Derek Y. Kunimoto, MD Ophthalmologist
-
Dr. Reginald C. Opara, MD Physician
-
Dr. David T. Goldenberg, MD Physician
-
Dr. Stephen A. Desouza, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.78M
Owner & transaction history
Arizona Pacific Group LLC · 15 yrs held
Arizona Pacific Group LLC
since 2011
6 recorded transactions
Zoning & alternative use
S-R · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.8M
+71.1%
Commercial (general)
$2.3M
+40.0%
Auto repair, garage
$2.0M
+17.9%
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
MEDICAL BUILDING
$1,655,000
Current use
RETAIL STORES
$2,835,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,320,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,955,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$1,785,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±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
$375 / 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
$10,479
Tax year 2023
Assessed value
$230,241
Assessed 2024
Previous assessed
$206,295
+11.6% YoY
Effective rate
4.55%
On assessed value
Land market value
$286,100
Improvement market value
$1,109,300
Total market value
$1,395,400
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
1988
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,742 SF
Lot
0.2 ac (8,754 SF)
Zoning code
S-R
APN
130-20-027
UPID
US07-3388880
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
$1.7M
RETAIL STORES
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING Current
RETAIL STORES
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
1988
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Arizona Pacific Group LLC
Entity
Free & Clear · 15 yrs held
Mailing address
15215 S 48TH ST, PHOENIX, AZ 85044-9142
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2011
$696,000
Arizona Pacific Group LLC
Szczepankiewicz,peter
Grant Deed
—
Sep 1, 2006
—
Peter Szczepankiewicz
Szczepankiewicz,krystyna
Quit Claim Deed
related
—
Dec 10, 2004
$900,000
Peter Szczepankiewicz
3320 N Miller LLC
Grant Deed
$480,000 · La Jolla Bank
Dec 10, 2004
—
Peter Szczepankiewicz
Owner,record
Grant Deed
related
—
Oct 18, 2004
$573,400
3320 N Miller LLC
Scottsdale Eye Surgery Center
Grant Deed
—
Aug 30, 1995
$605,777
Scottsdale Eye Surgery Center
Gerald B Walman
Grant Deed
$605,777 · Seller
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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