7631 E Indian School Rd Scottsdale, AZ 85251
Property profile & analytics
7631 E Indian School Rd Scottsdale, AZ 85251
- Office buildings
- 13,766 SF
- 0.88 lot acres
Property ID
US07-0161399
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wedgewood Pharmacy / Veterinary Clinic
Property Details for 7631 E Indian School Rd
- Year built
- 1978
- Construction
- CONCRETE
- Lot size
- 0.88 lot acres
- Property size
- 13,766 SF
- Zone code
- C-1
- Property type
- Office buildings
- APN
- 130-26-001K
- APU
- 13026001K
Description
This exceptional mixed-use property, encompassing 22,414 square feet, presents a unique investment opportunity in the heart of Old Town Scottsdale's vibrant entertainment district. Situated on a 2.41-acre lot at 7631-7633 E Indian School Rd, this two-building, two-story complex boasts 290 feet of frontage on a highly trafficked road (over 42,400 vehicles daily). Built in 1974, the property is currently 100% occupied with a single tenant and zoned C-1, offering flexibility for owner-users or redevelopment. Its prime location offers easy access to Downtown Scottsdale's amenities and the Loop 101 Freeway. The rectangular site provides excellent visibility and functionality. Surrounding demographics are above average, with household incomes exceeding $100,240 within a 3-mile radius. This rare opportunity is ideal for investors seeking a high-traffic location with significant redevelopment potential in a thriving market with limited developable land. The property includes two buildings and features a total of 22,414 square feet of space. Parcel numbers are 130-26-001K and 130-26-001L. This is a for-sale-by-owner opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,775,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,875,000
- 6.5%
- $3,575,000
- 7%
- $3,320,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,923,000
- AI Estimate
- $5,764,000
Market price range: $3.62M - $7.74MMarket price range: $3.35M - $7.64M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,180,000 Current use
- RETAIL STORES
- $8,230,000 Change: +59% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $6,730,000 Change: +30% Conversion: Easy
- AUTO REPAIR, GARAGE
- $5,670,000 Change: +9% Conversion: Difficult
- MEDICAL BUILDING
- $4,810,000 Change: -7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.916
- Latitude
- 33.4944
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$23,739
$0.00
$0.00
$895,439
-
$3,384,000
$2,042,900
$5,426,900
