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Property profile & analytics
OFF-MARKET
Estimated value
$16,030,000
Strip malls
7386 Shea Blvd, Scottsdale, AZ 85260-6466
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-1114241
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Construction
CONCRETE
Total area
44,325 SF
Lot
14.19 ac (617,942 SF)
Zoning code
C-C
APN
175-43-001L
UPID
US07-1114241
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
-
Raising Cane's Chicken Fingers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.89M
Comparable Approach
Comparable
$17.43M
Blend (final)
Blend
$16.03M
Owner & transaction history
East Village St Shea LLC · 6 yrs held
East Village St Shea LLC
since 2020
2 recorded transactions
Zoning & alternative use
C-C · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$21.7M
+126.0%
Retail stores
$20.4M
+112.8%
Auto repair, garage
$18.3M
+90.4%
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%
$16,125,000
6.5%
$14,885,000
7%
$13,820,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$21,675,000
Change: +126% · Conversion: Easy
RETAIL STORES
$20,415,000
Change: +113% · Conversion: Easy
AUTO REPAIR, GARAGE
$18,265,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$15,485,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$16.03M
Range $14.43M – $17.63M · ±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
$362 / 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 2016Property tax & assessments
Tax year 2016
Assessed value
$3,209,402
Assessed 2017
Previous assessed
$3,209,402
+0.0% YoY
Assessed land
$1,689,482
Assessed improvement
$1,519,920
Land market value
$9,417,400
Improvement market value
$8,444,000
Total market value
$17,861,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
9
Stories
1
Total area
44,325 SF
Lot
14.19 ac (617,942 SF)
Zoning code
C-C
APN
175-43-001L
UPID
US07-1114241
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Scottsdale, AZ
Zoning C-C · permitted uses
C-C · 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
COMMERCIAL (GENERAL)
Est. value
$21.7M
RETAIL STORES
Est. value
$20.4M
AUTO REPAIR, GARAGE
Est. value
$18.3M
MEDICAL BUILDING
Est. value
$15.5M
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL 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
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
9
Lot
14.19 ac
Current owner
From public records · entity-resolved
East Village St Shea LLC
Entity
Mailing address
15475 N 84TH ST, SCOTTSDALE, AZ 85260-1827
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2020
—
East Village St Shea LLC
—
Deed
related
$250,000,000 · Jpmorgan Chase Bank NA
Jun 29, 2016
—
East Village At Shea LLC
—
Deed
related
$200,000,000 · Jp Morgan Chase Bk
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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