Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

7229 E 1St Ave Scottsdale, AZ 85251

FOR LEASE
Strip malls
Property ID
US07-1231013
18,258 SF 0.51 ac lot Built 1960
Individually Owned Owner of record is an individual. 37-yr Hold Held for 37 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value · 2024$542k
Effective rate4.00%

Value estimate

· Nov 2026
$455k
$410k – $501k
Submarket $/SF estimate$2.95M
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$1k
Operating expenses−$13k
NOI · 58,551.92% cap applied$30k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$216/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$37 – $398
Qualifying comparables5

Cap rate analysis

How does the asset earn?
58,551.92%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 distric...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store36.4
Building Supply28.7
Storage Facility25.5

Location

7229 E 1St Ave Scottsdale, AZ 85251
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7214 Thomas, Scottsdale, AZ 85251-7214 $11,600,000 May 2023 20,000 SF
7081 5th, Scottsdale, AZ 85251-3218 $3,200,000 Dec 2021 8,222 SF
7064 5th, Scottsdale, AZ 85251-3216 $15,000,000 Dec 2021 17,553 SF
7236 1st, Scottsdale, AZ 85251-4445 $3,433,500 Sep 2021 8,510 SF
6747 Thomas, Scottsdale, AZ 85251-6087 $2,540,000 Dec 2020 8,223 SF
4432 Miller, Scottsdale, AZ 85251-3697 $3,000,000 Jul 2020 7,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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