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    Property profile & analytics
    OFF-MARKET Estimated value $3,050,000
    Office Spaces

    4151 Craftsman Ct, Scottsdale, AZ 85251-3833

    0.7 ac lot
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US07-2072897
    Property summary
    AI-generated overview

    This exceptional redevelopment opportunity in Old Town Scottsdale, Arizona, presents a fully entitled project on a 21,563 square foot lot (APN 173-50-021A). The project, located at 4151 N Craftsman Ct, 85251, is approved for six high-end condominiums ranging from 2,400 to 2,550 square feet each, and 3,190 square feet of ground-floor retail space. Its strategic position across the street from the upscale "The Kimsey" mixed-use development provides unparalleled access to Scottsdale's vibrant amenities, including renowned dining, shopping, entertainment, and cultural attractions. The property benefits from excellent access to major transportation routes, ensuring convenient connectivity throughout the city. This prime investment opportunity is situated within Scottsdale's thriving real estate market, offering developers a compelling chance to capitalize on the high demand for premium properties in this desirable location. The project's approved plans and prime location make this a truly exceptional opportunity for discerning investors seeking a high-return development project in the heart of Old Town Scottsdale. Maricopa County location adds to the appeal.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Lot 0.7 ac (30,551 SF)
    Zoning code C-2
    APN 173-50-146
    UPID US07-2072897
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.05M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.05M
    Owner & transaction history
    Zuki Investment LLC · 1 yrs held
    Zuki Investment LLC
    since 2024
    Last sale
    $3.1M
    1 recorded transaction
    2024
    $3.1M
    Zoning & alternative use
    C-2 · Scottsdale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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