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    Property profile & analytics

    7214 Thomas Rd Scottsdale, AZ 85251-7214

    • Strip malls
    • 20,000 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $11,545,000
    Last Sale
    May 09, 2023
    $11,600,000
    Location Intelligence
    Property ID
    US07-0875857
    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

    • Strip malls

    Property Details for 7214 Thomas Rd

    Year built
    1963
    Construction
    CONCRETE
    Lot size
    0.46 lot acres
    Property size
    20,000 SF
    Zone code
    C-3
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    130-18-015E
    APU
    13018015E

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,515,000
      6.5%
      $10,915,000
      7%
      $10,560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $11,560,000
      Geo Method
      $12,590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $12,725,000
      Retail
      $13,840,000
      Mixed-Use
      $12,050,000
      Hospitality
      $14,000,000
      Educational
      $10,770,000
      Residential Income
      $12,205,000
      Energy
      $15,080,000
      Income-Based Land
      $13,760,000
      Food Service
      $10,945,000

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.925
    Latitude
    33.4811
    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
    2022
    $14,878
    $0.00
    $0.00
    $331,634
    -
    $813,200
    $1,196,700
    $2,009,900

    Comparable in this City

    • Value Estimation by Request
      6,728 SF

      Scottsdale, AZ 85251

      SHOPPING CENTER, STRIP CENTER • 6,728 SF
      Scottsdale, AZ 85251
      View Details
    • Value Estimation by Request
      6,394 SF

      3370 Hayden Rd

      SHOPPING CENTER, STRIP CENTER • 6,394 SF
      3370 Hayden Rd, Scottsdale, AZ 85251-6632
      View Details
    • Value Estimation by Request
      2,080 SF

      7112 Thomas Rd

      SHOPPING CENTER, STRIP CENTER • 2,080 SF
      7112 Thomas Rd, Scottsdale, AZ 85251
      View Details
    • Value Estimation by Request
      18,695 SF

      4545 Scottsdale Rd

      SHOPPING CENTER, STRIP CENTER • 18,695 SF
      4545 Scottsdale Rd, Scottsdale, AZ 85251-7636
      View Details
    • Value Estimation by Request
      3,280 SF

      3940 Miller Rd

      SHOPPING CENTER, STRIP CENTER • 3,280 SF
      3940 Miller Rd, Scottsdale, AZ 85251-4539
      View Details
    • Value Estimation by Request
      2,739 SF

      4416 Miller Rd

      SHOPPING CENTER, STRIP CENTER • 2,739 SF
      4416 Miller Rd, Scottsdale, AZ 85251-3640
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      29,731 SF

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      Scottsdale Office Building For Sale

      Old Town Scottsdale, 5,000 SF Office Building
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      Old Town Scottsdale Retail Opportunity

      Retail property in Scottsdale's Art District, redevelopment potential.
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    Similar Nearby for Lease

    • Contact for pricing
      92,226 SF

      Retail Space in Scottsdale Center

      Retail space available in Scottsdale, close to Old Town.
      Nec Indian School & Miller Rd, Scottsdale, AZ 85251
      View Details
    • Contact for pricing
      15,176 SF

      Old Town Scottsdale Retail Opportunity

      Mixed-use destination with retail, dining, and luxury residences.
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      View Details
    • Contact for pricing
      8,936 SF

      Retail Space in Scottsdale Center

      Retail spaces available in future Whole Foods anchored Scottsdale center.
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    • Contact for pricing
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      Retail Space in Scottsdale Center

      Retail space available in future Whole Foods anchored Scottsdale center.
      7620 E Indian School Rd, Scottsdale, AZ 85251
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    • Contact for pricing
      2,130 SF

      Retail Space in Old Town

      Prime location with national co-tenants and high traffic.
      3310 N Hayden Rd, Scottsdale, AZ 85251
      View Details
    • Contact for pricing
      2,482 SF

      Mixed-Use Project For Lease

      Mixed-use project with retail, office, and residential spaces.
      7135 E Camelback Rd, Scottsdale, AZ 85251
      View Details
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    Scottsdale, AZ 85251-7214
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    Realmo Value Estimation

    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.

    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.

    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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