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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Medical Office Space
6601 Rural Rd, Tempe, AZ 85283-3747
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0807750
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1988
Construction
CONCRETE
Total area
6,662 SF
Lot
0.95 ac (41,587 SF)
Zoning code
RO
APN
301-48-352C
UPID
US07-0807750
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
-
Gentle Dental Tempe: Baddam Prashanti DDS Dental Office
-
James David F DDS Dental Office
-
Southwest Specialty: Connelly Sherry DDS Dental Office
-
Lytle Robert DDS Dental Office
-
Mitchell Brian G DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
$1.55M
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.65M
Owner & transaction history
City Home 5 LLC · 1 yrs held
City Home 5 LLC
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
RO · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+21.9%
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
$1,650,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
$1,675,000
6.5%
$1,545,000
7%
$1,435,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,365,000
Current use
OFFICE BUILDING
$1,665,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±10% · vs last sale $1.65M (Sep 4 2024)
Last sale anchor
$1.65M
Sep 4 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
$248 / 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
$25,027
Tax year 2023
Assessed value
$316,667
Assessed 2024
Previous assessed
$287,317
+10.2% YoY
Effective rate
7.90%
On assessed value
Land market value
$715,600
Improvement market value
$1,203,597
Total market value
$1,919,197
Applied tax rate
281,600.0000
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
DENTAL BUILDING
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
6,662 SF
Lot
0.95 ac (41,587 SF)
Zoning code
RO
APN
301-48-352C
UPID
US07-0807750
Jurisdiction
MARICOPA
Zoning & alternative use
RO · Tempe, AZ
Zoning RO · permitted uses
RO · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.7M
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
1988
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
City Home 5 LLC
Entity
Mailing address
3030 N 67TH PLD, SCOTTSDALE, AZ 85251-6082
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$1,650,000
City Home 5 LLC
Southwest Realty Partners LLC
Special Warranty Deed
$1,237,500 · Southwest Realty Partnersh LLC
Aug 8, 2006
—
Southwest Realty Partners LLC
—
Deed Of Trust
related
$850,000 · Compass Bank
Mar 5, 1999
$755,000
Southwest Realty Partners LLC
Tanner,craig R & Diana P
Grant Deed
$810,851 · Midwest Bankers Group
Jul 15, 1998
$755,000
Craig R Tanner
Hocker,r K
Grant Deed
—
Jul 29, 1997
—
Glynn W Gilcrease
Glynn Gilcrease
Quit Claim Deed
related
—
Jul 25, 1997
—
R Kelly Hocker
Glynn Gilcrease
Quit Claim Deed
related
—
—
—
Southwest Realty Partners LLC
—
Loan Modification
related
$1,650,000 · Bank Of Az
—
—
Craig R Tanner
—
Deed Of Trust
related
$350,000 · National Bank Arizona
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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