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Property profile & analytics
OFF-MARKET
Estimated value
$4,665,000
Strip malls
6378 Scottsdale Rd Paradise Valley, AZ 85253-5425
Entity Owned
11-yr Hold
Free & Clear
Property ID
US07-2377198
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Construction
CONCRETE
Total area
11,880 SF
Lot
2.62 ac (114,096 SF)
Zoning code
C-2
APN
174-64-006N
UPID
US07-2377198
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
$4.73M
Blend (final)
Blend
$4.67M
Owner & transaction history
Rn Props Lincoln Plaza LLC · 11 yrs held
Rn Props Lincoln Plaza LLC
since 2015
5 recorded transactions
Zoning & alternative use
C-2 · Paradise Valley, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.8M
+126.0%
Retail stores
$5.5M
+112.8%
Auto repair, garage
$4.9M
+90.4%
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 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)
$5,810,000
Change: +126% · Conversion: Easy
RETAIL STORES
$5,470,000
Change: +113% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,895,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$4,150,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$4.67M
Range $4.20M – $5.13M · ±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
$393 / 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
$63,427
Tax year 2023
Assessed value
$1,579,166
Assessed 2024
Previous assessed
$1,314,746
+20.1% YoY
Effective rate
4.02%
On assessed value
Land market value
$6,159,100
Improvement market value
$3,411,600
Total market value
$9,570,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
4
Stories
2
Units
4
Total area
11,880 SF
Lot
2.62 ac (114,096 SF)
Zoning code
C-2
APN
174-64-006N
UPID
US07-2377198
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Paradise Valley, AZ
Zoning C-2 · permitted uses
C-2 · Paradise Valley, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paradise Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.8M
RETAIL STORES
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL 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
1974
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
4
Units
4
Lot
2.62 ac
Current owner
From public records · entity-resolved
Rn Props Lincoln Plaza LLC
Entity
Free & Clear · 11 yrs held
Mailing address
2021 E CAMELBACK RDA38, PHOENIX, AZ 85016-4798
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2015
—
Rn Props Lincoln Plaza LLC
Rn Props Lincoln Plaza LLC
Quit Claim Deed
related
—
Jul 31, 2014
—
Mccarthy Lincoln Plaza LP
Lincoln Plaza LLC
Quit Claim Deed
—
Jan 7, 2005
—
Lincoln Plaza Ltd Liability Co
Lincoln Plaza Properties
Quit Claim Deed
related
—
Aug 18, 2004
—
Lincoln Plaza Properties
Roark,j D
Grant Deed
related
—
—
—
Rn Props Lincoln Plaza LLC
—
Deed Of Trust
related
$15,000,000 · Moreno Companies LLC
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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