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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Commercial land
6820 5th Ave Scottsdale, AZ 85251-3812
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1509862
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.09 ac (3,998 SF)
Zoning code
C-2
APN
173-48-025B
UPID
US07-1509862
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
-
BODI Gym & Fitness Center
-
MadFit Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
Mpc Indian School LLC · 4 yrs held
Mpc Indian School LLC
since 2021
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
C-2 · 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
$3,345,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (Aug 3 2021)
Last sale anchor
$4.00M
Aug 3 2021
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
—
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
$2,870
Tax year 2023
Assessed value
$74,955
Assessed 2024
Previous assessed
$59,970
+25.0% YoY
Effective rate
3.83%
On assessed value
Land market value
$499,700
Total market value
$499,700
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.09 ac (3,998 SF)
Zoning code
C-2
APN
173-48-025B
UPID
US07-1509862
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Scottsdale, AZ
Zoning C-2 · permitted uses
C-2 · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Mpc Indian School LLC
Entity
Mailing address
2435 E SOUTHLAKE BLVD, SOUTHLAKE, TX 76092-6678
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2021
$4,000,000
Mpc Indian School LLC
Az Ocean View LLC
Special Warranty Deed
$2,835,000 · Century Bank
Nov 7, 2016
—
Az Ocean View LLC
Scottsdale Canal Holdings LLC
Grant Deed
related
—
Dec 31, 2014
$18,000,000
Scottsdale Canal Holdings LLC
Az-waters Edge LLC
Trustees Deed
related
$14,000,000 · Az-waters Edge LLC
Mar 1, 2013
—
6820 E 5th Ave LLC
Reaves,david M
Grant Deed
related
$575,000 · Essex Mgmt & Consulting LLC
May 1, 2012
$30,000,000
Az-waters Edge LLC
Petrowski Lawrence C
Trustees Deed
$50,000,000 · Nwra Ventures I LLC
Jan 26, 2010
—
Scottsdale Canal Dev LLC
Salt Riv Project Agricultural
Grant Deed
related
—
Jul 27, 2009
—
Salt Riv Project Agricultural
Scottsdale Canal Dev LLC
Grant Deed
related
—
Feb 15, 2008
$6,750,000
Scottsdale Canal Dev LLC
Equinox Holdings LLC
Warranty Deed
$88,000,000 · Imh Secured Ln Fndg
—
—
6820 E 5th Ave LLC
—
Deed Of Trust
related
$575,000 · 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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