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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Medical Office Space
7340 Thomas Rd, Scottsdale, AZ 85251-7216
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-3334283
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
STEEL FRAME
Total area
9,780 SF
Lot
0.84 ac (36,781 SF)
Zoning code
S-R
APN
130-18-014A
UPID
US07-3334283
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
-
Erik Alexander Physician Medical Clinic
-
James Daitch Physician Medical Clinic
-
Scott Kalinowski Physician Medical Clinic
-
Adrian Feng Physician Medical Clinic
-
Bruce Kletscher Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Gps Isarus LLC · 3 yrs held
Gps Isarus LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
S-R · 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
$1,675,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,325,000
6.5%
$2,145,000
7%
$1,990,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,415,000
Current use
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10% · vs last sale $1.34M (Apr 24 2023)
Last sale anchor
$1.34M
Apr 24 2023
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
$221 / SF
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
$19,478
Tax year 2023
Assessed value
$418,261
Assessed 2024
Previous assessed
$394,230
+6.1% YoY
Effective rate
4.66%
On assessed value
Land market value
$1,219,200
Improvement market value
$1,315,713
Total market value
$2,534,913
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
9,780 SF
Lot
0.84 ac (36,781 SF)
Zoning code
S-R
APN
130-18-014A
UPID
US07-3334283
Jurisdiction
MARICOPA
Zoning & alternative use
S-R · Scottsdale, AZ
Zoning S-R · permitted uses
S-R · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.4M
MEDICAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Gps Isarus LLC
Entity
Mailing address
2810 N CHURCH ST #77051, WILMINGTON, DE 19802-4447
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2023
$1,337,000
Gps Isarus LLC
Theriac Enterprises Of Scottsdale L
Special Warranty Deed
—
Apr 5, 2010
—
Theriac Ents Of Scottsdale LLC
—
Deed Of Trust
related
$88,500,000 · Nationwide Health Props INC
Jan 17, 2006
$2,800,000
Theriac Ents Of Scottsdale LLC
Infini Properties LLC
Grant Deed
—
Dec 10, 2004
$1,590,000
Infini Properties LLC
Dvi Arizona INC
Grant Deed
—
Jun 26, 2002
—
Shoot The Moon Holdings LLC
Shoot The Moon Holdings LLC
Quit Claim Deed
related
—
Nov 23, 1999
—
Dvi Arizona INC
Timmerman,henry L
Grant Deed
related
—
Jun 7, 1996
—
Murphy Brothers Ent INC
Murphy Enterprises
Quit Claim Deed
related
—
Jun 7, 1996
$265,000
Rta,west L L C
Murphy Enterprises INC
Trustees Deed
$240,000 · Seller
—
—
Theriac Ents Of Scottsdale LLC
—
Deed Of Trust
related
$4,450,800 · Orion Bank
—
—
Murphy Brothers Enterprises
—
Deed Of Trust
related
—
—
—
Joseph R Palmer
—
Deed Of Trust
related
—
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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