7532 E Mcknight Ave Scottsdale, AZ 85251
This exceptional 18,921 square foot lot, located at 7532 & 7538 E McKnight Avenue in Scottsdale, Arizona (zip code 85251), presents a unique development opportunity within the Scottsdale Manor subdivision. The property is zoned D/OR-1.5 and offers significant potential for mixed-use development, encompassing both commercial and residential uses. Its prime location in Old Town Scottsdale provides unparalleled access to a vibrant urban lifestyle, boasting proximity to high-end grocery stores like Whole Foods and Sprouts. Furthermore, its location offers easy access to the excitement of local sports and entertainment, including proximity to Giants Stadium, home of the San Francisco Giants' spring training. The area is also rich in upscale dining, shopping, and entertainment options, creating a highly desirable location for residents and visitors alike. This property is situated within an Opportunity Zone, providing substantial tax incentives for investors seeking to capitalize on the significant growth potential of this dynamic market. Land value is estimated at $90-$150 per square foot. The APN numbers are 130-25-103 & 130-25-104. This is a rare opportunity to invest in one of Arizona's most thriving communities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.