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    Property profile & analytics

    7118 Mcdonald Dr Paradise Valley, AZ 85253

    • Office buildings
    • 5,565 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimations
    $1,850,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1010861
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 7118 Mcdonald Dr

    Year built
    1979
    Construction
    CONCRETE
    Lot size
    0.95 lot acres
    Property size
    5,565 SF
    Zone code
    S-R
    Property type
    Office buildings
    APN
    174-65-001E
    APU
    17465001E

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,885,000
      Market price range: $341k - $1.89M
      AI Estimate
      $1,811,000
      Market price range: $332k - $1.81M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,135,000
      Current use
      COMMERCIAL (GENERAL)
      $2,720,000
      Change: +140% Conversion: Easy
      RETAIL STORES
      $2,565,000
      Change: +126% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,295,000
      Change: +102% Conversion: Difficult
      MEDICAL BUILDING
      $1,945,000
      Change: +71% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,205,000
      Change: +6% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Paradise Valley
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.928
    Latitude
    33.5244
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,849
    $0.00
    $0.00
    $345,131
    -
    $1,971,300
    $120,400
    $2,091,700

    Comparable in this City

    • Value Estimation
      $18,820,000
      56,650 SF

      6720 Scottsdale Rd Ste, Unit 378

      OFFICE BUILDING • 56,650 SF
      6720 Scottsdale Rd Ste, Scottsdale, AZ 85253-4471
      View Details
    • Value Estimation by Request
      448 SF

      7113 Rovey Ave

      OFFICE BUILDING • 448 SF
      7113 Rovey Ave, Paradise Valley, AZ 85253
      View Details
    • Value Estimation
      $2,120,000
      7,300 SF

      10505 69th St

      OFFICE BUILDING • 7,300 SF
      10505 69th St, Paradise Valley, AZ 85253-4532
      View Details
    • Value Estimation
      $1,285,000
      3,870 SF

      10309 Scottsdale Rd

      OFFICE BUILDING • 3,870 SF
      10309 Scottsdale Rd, Scottsdale, AZ 85253-1474
      View Details
    • Value Estimation
      $35,575,000
      151,522 SF

      8501 Scottsdale Rd Ste, Unit 155

      OFFICE BUILDING • 151,522 SF
      8501 Scottsdale Rd Ste, Scottsdale, AZ 85253-2755
      View Details
    • Value Estimation
      $1,635,000
      4,920 SF

      7170 Mcdonald Dr

      OFFICE BUILDING • 4,920 SF
      7170 Mcdonald Dr, Paradise Valley, AZ 85253-5408
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,000 SF

      Paradise Valley Commercial Space

      Freestanding commercial space in Paradise Valley available for sale.
      5203 E Lincoln Dr, Paradise Valley, AZ 85253
      View Details
    • $3,250,000
      0.87 Acres

      Paradise Valley Buildable Lot

      Buildable flat lot with mountain views in Tatum Canyon.
      7816 N 47Th St, Paradise Valley, AZ 85253
      View Details
    • $7,250,000
      0.97 Acres

      Paradise Valley Land with Views

      Premium location with views in Paradise Valley, Arizona.
      5648 N Superstition Ln, Paradise Valley, AZ 85253
      View Details
    • $3,475,000
      1.00 Acre

      Paradise Valley Acre Lot

      One-acre lot near Resort Row with mountain views.
      4912 E Arroyo Verde Dr, Paradise Valley, AZ 85253
      View Details
    • $3,499,999
      Pending

      Paradise Valley Land For Sale

      Residential land in Paradise Valley, Arizona, with R-43 zoning.
      6601 E Mockingbird Ln, Paradise Valley, AZ 85253
      View Details
    • New
      $3,995,000
      2.32 Acres

      Paradise Valley Hillside Estate Lot

      Privately gated 2.3+ acre lot in Clearwater Hills.
      7310 N Highcliff Dr, Paradise Valley, AZ 85253
      View Details

    Similar Nearby for Lease

    • $38 SF/Yr

      Class A Office Building

      Premier office building in Gainey Ranch with covered parking.
      8501 North Scottsdale Rd, Scottsdale, AZ 85253
      View Details
    • $38 SF/Yr

      Class A Office Space Available

      Class A office building with on-site cafe and conference facility.
      6720 North Scottsdale Rd, Scottsdale, AZ 85253
      View Details
    • $38 SF/Yr

      Scottsdale Spectrum Office Complex

      Office complex with mountain views, lush landscaping, and modern lobbies.
      6710 N Scottsdale Rd, Scottsdale, AZ 85253
      View Details
    • Contact for pricing

      AZ, Scottsdale- Scottsdale Spectrum

      Workspaces, services and support to help you work better in Frisco Square
      6710 Scottsdale Rd, Scottsdale, AZ 85253
      View Details
    • $24 SF/Yr
      2,055 SF

      Scottsdale Office Space for Lease

      Prime Scottsdale office, 2,055 sq ft available.
      10505 69Th St, Scottsdale, AZ 85253
      View Details
    • Contact for pricing

      Scottsdale Office Space For Rent

      Recently renovated office space in central Scottsdale with freeway access.
      7001 N Scottsdale Rd, Scottsdale, AZ 85253
      View Details
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    Paradise Valley, AZ 85253
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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