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    Property profile & analytics
    OFF-MARKET Estimated value $1,675,000
    Industrial properties

    7831 Greenway Rd, Scottsdale, AZ 85260-1707

    7,355 SF 0.8 ac lot Built 1977
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US07-3055395
    Property summary
    AI-generated overview

    This ±7,253 square foot freestanding industrial warehouse building presents a rare opportunity in the desirable Scottsdale Airpark submarket. Built in 1977, the single-tenant property sits on a 0.8-acre lot and offers convenient access to both truckwell and grade-level loading. The building features an 18-foot ceiling height, enhancing storage and operational efficiency. One loading dock and one drive-in door provide versatile loading options. Ample parking is available with 30 total spaces. The property boasts 600 amp, 277/480v, 3-phase power. The zoning is I-1 (Industrial Park), City of Scottsdale, allowing for a variety of industrial uses. The property's location provides easy access to major transportation routes and is minutes away from the Scottsdale Quarter and Kierland, offering employees and clients convenient access to amenities. The property's APN is 215-56-092A. This exceptional warehouse is ready for immediate occupancy, offering a unique blend of functionality and prime location within the thriving Scottsdale Airpark. The entire building is currently vacant. This presents a unique opportunity for a business seeking a well-located, functional space in a highly sought-after area.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL LOFT BUILDING
    Year built 1977
    Construction CONCRETE
    Total area 7,355 SF
    Lot 0.8 ac (35,000 SF)
    Zoning code I-1
    APN 215-56-092A
    UPID US07-3055395
    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
    • LaRue Performance Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.67M
    Blend (final) Blend
    $1.68M
    Owner & transaction history
    7831 Greenway LLC · 7 yrs held
    7831 Greenway LLC
    since 2018
    2 recorded transactions
    2018
    2016
    $830,000
    Zoning & alternative use
    I-1 · Scottsdale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $2.6M +158.8%
    Neighborhood: shopping center $1.6M +60.3%
    Office building $1.2M +19.2%
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