New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Office buildings
7720 Gelding Dr, Scottsdale, AZ 85260-6973
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1029309
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
CONCRETE
Total area
3,040 SF
Lot
0.8 ac (35,000 SF)
Zoning code
I-1
APN
215-56-152A
UPID
US07-1029309
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
-
EventLab Studios Film Production Television Studio
-
Automated Currency Instr Inc Bank Loan Service
-
The Rejuvenators LLC HVAC Service
-
FHR Construction Construction Company General Contractor
-
LofyFit llc Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$829k
Blend (final)
Blend
$1.03M
Owner & transaction history
Beatty Investment Group LLC · 1 yrs held
Beatty Investment Group LLC
since 2025
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
I-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+203.9%
Retail stores
$1.4M
+186.2%
Auto repair, garage
$1.3M
+156.0%
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%
$855,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,485,000
Change: +204% · Conversion: Easy
RETAIL STORES
$1,400,000
Change: +186% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,255,000
Change: +156% · Conversion: Difficult
MEDICAL BUILDING
$1,060,000
Change: +117% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$660,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.10M (May 16 2025)
Last sale anchor
$1.10M
May 16 2025
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
$339 / 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
$18,192
Tax year 2023
Assessed value
$420,470
Assessed 2024
Previous assessed
$351,543
+19.6% YoY
Effective rate
4.33%
On assessed value
Land market value
$937,100
Improvement market value
$1,611,200
Total market value
$2,548,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
5
Stories
1
Units
5
Total area
3,040 SF
Lot
0.8 ac (35,000 SF)
Zoning code
I-1
APN
215-56-152A
UPID
US07-1029309
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Scottsdale, AZ
Zoning I-1 · permitted uses
I-1 · 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
$1.5M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$660,000
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
0.8 ac
Current owner
From public records · entity-resolved
Beatty Investment Group LLC
Entity
Mailing address
15936 N 78TH ST, SCOTTSDALE, AZ 85260-1768
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2025
$1,100,000
Beatty Investment Group LLC
Raptor Funding Group LLC
Special Warranty Deed
$1,200,000 · The Foothills Bank
Mar 29, 2016
$975,000
Raptor Funding Group LLC
Ansar LLC
Warranty Deed
—
Jun 20, 2002
$835,000
Ansar LLC
Rich,gene & Judith E
Grant Deed
$1,446,700 · California Bank & Trust
Apr 8, 1997
$550,000
Gene Rich
Thomas Swanson
Grant Deed
$495,000 · Bank Of Arizona
—
—
Ansar LLC
—
Deed Of Trust
related
$50,000 · Arizona Business Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7720 Gelding Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
