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Property profile & analytics
OFF-MARKET
Estimated value
$9,120,000
Individual retail properties
7369 Via Paseo Del Sur, Scottsdale, AZ 85258-3720
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US07-0071476
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1979
Construction
CONCRETE
Total area
23,800 SF
Lot
10.37 ac (451,804 SF)
Zoning code
C-1
APN
177-03-218A
UPID
US07-0071476
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.12M
Blend (final)
Blend
$9.12M
Owner & transaction history
Deercrest 13 LLC · 20 yrs held
Deercrest 13 LLC
since 2005
7 recorded transactions
Zoning & alternative use
C-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$11.6M
+79.5%
Retail stores
$11.0M
+69.1%
Auto repair, garage
$9.8M
+51.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$6,485,000
Current use
COMMERCIAL (GENERAL)
$11,640,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$10,960,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,805,000
Change: +51% · Conversion: Difficult
MEDICAL BUILDING
$8,315,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$5,740,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$9.12M
Range $8.21M – $10.03M · ±10%
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
$383 / 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
$203,767
Tax year 2023
Assessed value
$3,122,653
Assessed 2024
Previous assessed
$2,796,670
+11.7% YoY
Effective rate
6.53%
On assessed value
Land market value
$11,144,500
Improvement market value
$7,780,667
Total market value
$18,925,167
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
10
Stories
1
Units
10
Total area
23,800 SF
Lot
10.37 ac (451,804 SF)
Zoning code
C-1
APN
177-03-218A
UPID
US07-0071476
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Scottsdale, AZ
Zoning C-1 · permitted uses
C-1 · 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
GYM, HEALTH SPA Current
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$11.6M
RETAIL STORES
Est. value
$11.0M
AUTO REPAIR, GARAGE
Est. value
$9.8M
MEDICAL BUILDING
Est. value
$8.3M
OFFICE BUILDING
Est. value
$5.7M
GYM, HEALTH SPA Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
10
Units
10
Lot
10.37 ac
Current owner
From public records · entity-resolved
Deercrest 13 LLC
Entity
Mailing address
2401 W BELL RD, PHOENIX, AZ 85023-3203
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2005
$10
Deercrest 13 LLC
Regency Centers
Grant Deed
—
Jun 22, 2000
$750,000
James H Dottling
D C Gilbert INC
Grant Deed
$1,050,000 · Wells Fargo Bank Arizona
May 11, 1999
$7,797,000
Regency Centers LP
Regency Realty Corp
Grant Deed
related
—
Jan 3, 1997
$460,000
D C Gilbert INC
2-m Company
Grant Deed
$345,000 · Bank One Arizona
Sep 6, 1996
$9,050,000
Pacific Retail Trust
Paseo Village L P
Trustees Deed
—
—
—
Village L P Paseo
—
Deed Of Trust
related
—
—
—
Deercrest 13 LLC
—
Deed Of Trust
related
$12,000,000 · J P Morgan Chase Bank
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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