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Property profile & analytics
OFF-MARKET
Estimated value
$2,685,000
Medical Office Space
4910 Greenway Rd, Scottsdale, AZ 85254-1653
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US07-0405891
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
STEEL FRAME
Total area
10,074 SF
Lot
0.81 ac (35,458 SF)
Zoning code
C-O
APN
215-33-008
UPID
US07-0405891
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
-
Lernor Family Dental Dental Office
-
Dr. Pete N. Mellas, DMD Dental Office
-
Arizona's Perio Health Pros Dental Office
-
Scottsdale Orthodontist Dental Office
-
Dunn Orthodontics Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.69M
Owner & transaction history
Mnm LLC · 25 yrs held
Mnm LLC
since 2000
6 recorded transactions
Zoning & alternative use
C-O · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.2M
+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
$3,520,000
Current use
AUTO REPAIR, GARAGE
$4,150,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$2,905,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.69M
Range $2.42M – $2.95M · ±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
$267 / 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
$25,670
Tax year 2023
Assessed value
$346,819
Assessed 2024
Previous assessed
$293,199
+18.3% YoY
Effective rate
7.40%
On assessed value
Land market value
$736,400
Improvement market value
$1,365,531
Total market value
$2,101,931
Applied tax rate
691,300.0000
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
1992
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
10,074 SF
Lot
0.81 ac (35,458 SF)
Zoning code
C-O
APN
215-33-008
UPID
US07-0405891
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Scottsdale, AZ
Zoning C-O · permitted uses
C-O · 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
$3.5M
AUTO REPAIR, GARAGE
Est. value
$4.2M
OFFICE BUILDING
Est. value
$2.9M
MEDICAL BUILDING Current
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
1992
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Mnm LLC
Entity
Mailing address
4910 E GREENWAY RD, SCOTTSDALE, AZ 85254-1653
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
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
Jul 24, 2020
—
Mnm LLC
—
Deed
related
$890,000 · Wells Fargo Bank NA
Oct 2, 2000
$1,468,000
Mnm LLC
Greenway Medical/dental Plaza
Grant Deed
$1,498,000 · Cit Lending Services Corp
Feb 5, 1996
—
Resurrection Lutheran Church
Mission Of The Evangelica
Quit Claim Deed
related
—
Jul 21, 1992
—
Greenway Medical\dental Plaza
Trampe
Grant Deed
$630,000 · Founders Bank Of Arizona
—
—
Mnm LLC
—
Deed Of Trust
related
$1,500,000 · Copper Star Bank
—
—
Mnm LLC
—
Deed Of Trust
related
$1,402,500 · Government Personnel Mutual Li
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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