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Property profile & analytics
OFF-MARKET
Estimated value
$2,575,000
Medical Office Space
5206 Scottsdale Rd Paradise Valley, AZ 85253-7006
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US07-3291425
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Construction
CONCRETE
Total area
4,375 SF
Lot
0.68 ac (29,751 SF)
Zoning code
SUP-O
APN
173-18-008C
UPID
US07-3291425
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$2.58M
Owner & transaction history
Freeman Investments · 21 yrs held
Freeman Investments
since 2005
7 recorded transactions
Zoning & alternative use
SUP-O · Paradise Valley, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
town code
Top alternative use upside
Commercial (general)
$2.1M
+40.0%
Retail stores
$2.0M
+31.8%
Auto repair, garage
$1.8M
+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 Paradise Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paradise Valley 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
COMMERCIAL (GENERAL)
$2,140,000
Change: +40% · Conversion: Easy
RETAIL STORES
$2,015,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,805,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$2.58M
Range $2.32M – $2.83M · ±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
$589 / 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
$11,985
Tax year 2023
Assessed value
$380,621
Assessed 2024
Previous assessed
$322,116
+18.2% YoY
Effective rate
3.15%
On assessed value
Land market value
$1,533,400
Improvement market value
$773,395
Total market value
$2,306,795
Applied tax rate
481,100.0000
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
1977
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,375 SF
Lot
0.68 ac (29,751 SF)
Zoning code
SUP-O
APN
173-18-008C
UPID
US07-3291425
Jurisdiction
MARICOPA
Zoning & alternative use
SUP-O · Paradise Valley, AZZoning SUP-O · permitted uses
SUP-O · Paradise Valley, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
town code
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1977
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Freeman Investments
Entity
Mailing address
6815 N 46TH ST, PARADISE VALLEY, AZ 85253-3220
Ownership since
2005
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
Aug 21, 2018
—
Rich Investments LLP
—
Deed
related
$495,000 · First International Bank & Trust
May 10, 2018
—
Rich Investments LLP
—
Deed
related
$500,000 · Wfb NA
May 16, 2005
—
Freeman Investments
Freeman,joe S & Jennifer S
Quit Claim Deed
related
—
May 16, 2005
$750,000
Rich Investments
Freeman Investments
Grant Deed
—
Nov 19, 1997
—
Investments L P Rich
Rich Family Trust
Quit Claim Deed
related
—
Nov 4, 1997
—
Freeman Investments
Rich Family Partnership
Grant Deed
related
—
Dec 23, 1992
—
Freeman Investments
Rich Family Ltd
Grant Deed
related
—
—
—
Rich Investments LLP
—
Loan Modification
related
$500,000 · Wfb NA
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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