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Property profile & analytics
FOR LEASE
Medical Office Space
6565 E Greenway Pkwy, Scottsdale, AZ 85254
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-1510404
For Lease
1 / 2
$3,550,000
6565 E Greenway Pkwy, Scottsdale, AZ 85254
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
STEEL FRAME
Total area
14,902 SF
Lot
1.86 ac (80,949 SF)
Zoning code
PSC
APN
215-59-132A
UPID
US07-1510404
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
-
OAC Medical Clinic
-
Maja Teoharevic Pediatrician Physician
-
Parkway Medical - Dr. McCallum Physician
-
Raines John M MD Physician
-
Abrazo Medical Group - Parkway Medical - Dr. Suppiah Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.55M
CAP Approach
CAP
$3.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.55M
Owner & transaction history
Elizabeth Hogenson · 1 yrs held
Elizabeth Hogenson
since 2024
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
PSC · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,550,000
ML approach
$3,550,000
CAP Approach
CAP Return
Estimation
6%
$3,540,000
6.5%
$3,270,000
7%
$3,035,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,205,000
Current use
OFFICE BUILDING
$4,300,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$3.55M
Range $3.20M – $3.91M · ±10% · vs last sale $3.55M (Sep 26 2024)
Last sale anchor
$3.55M
Sep 26 2024
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
$238 / 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
$63,756
Tax year 2023
Assessed value
$913,501
Assessed 2024
Previous assessed
$913,501
+0.0% YoY
Effective rate
6.98%
On assessed value
Land market value
$3,002,100
Improvement market value
$2,534,268
Total market value
$5,536,368
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
For Lease
Year built
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
14,902 SF
Lot
1.86 ac (80,949 SF)
Zoning code
PSC
APN
215-59-132A
UPID
US07-1510404
Jurisdiction
MARICOPA
Zoning & alternative use
PSC · Scottsdale, AZ
Zoning PSC · permitted uses
PSC · 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
$5.2M
OFFICE BUILDING
Est. value
$4.3M
MEDICAL BUILDING Current
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
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Elizabeth Hogenson
Individual
Free & Clear · 1 yrs held
Mailing address
936 E NEW HOLLAND DR STE #130, BOZEMAN, MT 59718-5905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
—
Elizabeth Hogenson
Elizabeth A Hogenson
Intrafamily Transfer
related
—
Apr 1, 2020
—
Elizabeth A Hogenson
—
Deed
related
$1,400,000 · Miscellaneous Ins Co
Dec 1, 2004
$3,550,000
Elizabeth A Hogenson
Hill Trust
Grant Deed
$1,125,000 · First National Bank Olathe
Feb 4, 2003
$2,000,000
Hill,tr
Scottsdale Healthcare Realty
Grant Deed
$750,000 · Heritage Bank
Dec 20, 1996
$670,000
Scottsdale Memorial Realty Co In
Phxaz L P
Grant Deed
—
—
—
Elizabeth A Hogenson
—
Loan Modification
related
$1,678,125 · First Scottsdale Bank NA
—
—
Elizabeth A Hogenson
—
Deed Of Trust
related
$1,400,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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