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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Medical Office Space
7534 2nd St Scottsdale, AZ 85251-4548
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US07-2650828
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
STEEL FRAME
Total area
2,160 SF
Lot
0.21 ac (9,188 SF)
Zoning code
S-R
APN
130-25-033A
UPID
US07-2650828
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
-
Osama Muwais Pediatrician Physician
-
Dr. Patrick Pasulka Physician
-
Dr. Rebecca Zaner Physician
-
Kathryn Lee Physician
-
Muzna Naqvi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.27M
Owner & transaction history
Dumb Dog Properties LLC · 13 yrs held
Dumb Dog Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
S-R · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
10-foot wide landscape buffer abutting a Single-family Residential District. Multiple-family Residential (R-5) • Minimum 15-foot wide landscape buffer abutting a Single-family Residential District. Service Residential (S-R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district)…
Zone name
Service Residential
General category
RESIDENTIAL
Zone area
156.34 ac
Top alternative use upside
Retail stores
$1.3M
+71.1%
Commercial (general)
$1.1M
+40.0%
Auto repair, garage
$890,000
+17.9%
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
RETAIL STORES
$1,290,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,055,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$890,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±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
$588 / 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
$7,237
Tax year 2023
Assessed value
$251,130
Assessed 2024
Previous assessed
$251,130
+0.0% YoY
Effective rate
2.88%
On assessed value
Land market value
$802,800
Improvement market value
$719,200
Total market value
$1,522,000
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
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
2,160 SF
Lot
0.21 ac (9,188 SF)
Zoning code
S-R
APN
130-25-033A
UPID
US07-2650828
Jurisdiction
MARICOPA
Zoning & alternative use
S-R · Scottsdale, AZZoning 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
Zoning description
10-foot wide landscape buffer abutting a Single-family Residential District. Multiple-family Residential (R-5) • Minimum 15-foot wide landscape buffer abutting a Single-family Residential District. Service Residential (S-R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C
Zone name
Service Residential
General category
RESIDENTIAL
Zone area
156.34 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$890,000
OFFICE BUILDING
Est. value
$815,000
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Dumb Dog Properties LLC
Entity
Mailing address
PO BOX 386, CRESTED BUTTE, CO 81224-0386
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2012
$564,600
Dumb Dog Properties LLC
Mb Rentals LLC
Special Warranty Deed
$678,000 · Wells Fargo Bank NA
Jun 29, 2005
$865,000
Mb Rentals LLC
Schmugler,mark T & Beatrice A
Grant Deed
—
Jul 28, 2003
$660,000
Mark T Scheberies
Summit Ridge Investment Co LLC
Grant Deed
—
Jul 24, 2000
—
Summit Ridge Investment Co LLC
Marilyn B Cumming Trustee
Grant Deed
related
—
May 31, 2000
$630,000
Cumming Trust
Mougey Trust
Grant Deed
—
Nov 5, 1998
—
Mohgey Trust
Moughey,h D
Quit Claim Deed
related
—
Mar 31, 1998
—
H D Mougey
Mougey,linda
Quit Claim Deed
related
$320,000 · Valley First Community Bank
—
—
Mb Rentals LLC
—
Deed Of Trust
related
$346,500 · First Bank Of Arizona
—
—
Mark T Scheberies
—
Deed Of Trust
related
$200,000 · Joseph & Yvonne Dufala
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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