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Property profile & analytics
OFF-MARKET
Estimated value
$104,885,000
Hospitals
7400 Thompson Peak Pkwy, Scottsdale, AZ 85255-4109
Individually Owned
20-yr Hold
Free & Clear
Property ID
US07-1191822
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2007
Construction
STEEL FRAME
Total area
229,856 SF
Lot
7.71 ac (335,804 SF)
Zoning code
C-O
APN
212-31-163B
UPID
US07-1191822
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
-
Nassim Haddad Physician
-
Brian Fountain McCrary, DO Physician
-
Snyder Courtney E Physician
-
Joshua Waggoner Physician
-
Dr. Daniel Hannon Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$106.04M
Blend (final)
Blend
$104.89M
Owner & transaction history
Scottsdale Healthcare Hosps · 20 yrs held
Scottsdale Healthcare Hosps
since 2006
2 recorded transactions
Zoning & alternative use
C-O · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$164.8M
+105.2%
Commercial (general)
$112.4M
+40.0%
Retail stores
$105.9M
+31.8%
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
MEDICAL BUILDING
$80,310,000
Current use
RESTAURANT
$164,775,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$112,405,000
Change: +40% · Conversion: Easy
RETAIL STORES
$105,860,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$94,710,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$104.89M
Range $94.40M – $115.37M · ±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
$456 / 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
Assessed value
$13,548,547
Assessed 2024
Previous assessed
$13,411,050
+1.0% YoY
Land market value
$8,119,200
Improvement market value
$82,204,446
Total market value
$90,323,646
Applied tax rate
691,400.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
229,856 SF
Lot
7.71 ac (335,804 SF)
Zoning code
C-O
APN
212-31-163B
UPID
US07-1191822
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Scottsdale, AZ
Zoning C-O · permitted uses
C-O · 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
$80.3M
RESTAURANT
Est. value
$164.8M
COMMERCIAL (GENERAL)
Est. value
$112.4M
RETAIL STORES
Est. value
$105.9M
AUTO REPAIR, GARAGE
Est. value
$94.7M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
2007
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
7.71 ac
Current owner
From public records · entity-resolved
Scottsdale Healthcare Hosps
Individual
Free & Clear · 20 yrs held
Mailing address
3621 N WLS FARGO AVE, SCOTTSDALE, AZ 85251-5607
Ownership since
2006
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 24, 2006
—
Scottsdale Healthcare Hosps
Scottsdale Mem Health Svcs
Quit Claim Deed
related
—
Jun 15, 1999
—
Scottsdale Health Care Corp
Scottsdale Memoarial Health SR
Quit Claim Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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