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Property profile & analytics
FOR SALE
Office buildings

7024 E Osborn Rd Scottsdale, AZ 85251

5,555 SF 0.72 ac lot Built 1973
Trust Owned 13-yr Hold ~ Est. High Equity
Property ID
US07-1209073
Property summary
AI-generated overview

This exceptional 5,000 square foot commercial property, located at 7024 E Osborn Rd in Scottsdale, Arizona (zip code 85251), presents a compelling investment opportunity for users, investors, or developers. Situated on a sizable 31,430 square foot lot (APN 130-13-062), this Class B building boasts a flexible floor plan and is zoned C-3, allowing for diverse uses. The property features a freestanding design with covered parking, and is ideally located within Old Town Scottsdale's coveted submarket, surrounded by thriving businesses and amenities. Over 60 restaurants and retailers are within close proximity, offering unparalleled convenience. Its prime location offers excellent connectivity, just 15 minutes from Downtown Phoenix, Sky Harbor Airport, Biltmore Fashion Park, Tempe Town Lake and Marketplace, and Arizona State University. The property is also conveniently located near HonorHealth’s Scottsdale Campus and Scottsdale Stadium. This value-add investment is situated within an Opportunity Zone and benefits from millions of dollars in recent redevelopments in the immediate area, presenting significant potential for remodeling or redevelopment. The property's proximity to affluent residential areas like Paradise Valley and Arcadia further enhances its investment appeal. A lease option is also available. This is a rare chance to acquire a versatile property in a highly desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction CONCRETE
Total area 5,555 SF
Lot 0.72 ac (31,430 SF)
Zoning code C-3
APN 130-13-062
UPID US07-1209073
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
  • Sole Serenity Nail Salon
  • Phoenix Shambhala Meditation Center Alternative Medicine Practice Spiritual Center
  • Hair transformation Hair Salon
  • DiMura's Moving Services LLC Moving Company
  • Amfex American Funding Exchange Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.12M
Blend (final) Blend
$3.10M
Owner & transaction history
Pollifrone Family Trust · 13 yrs held
Pollifrone Family Trust
since 2013
5 recorded transactions
2013
Price N/A
2007
Price N/A
1992
$460,000
1992
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.0M +90.5%
Retail stores $3.3M +58.8%
Commercial (general) $2.7M +29.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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