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    7881 Gray Rd Scottsdale, AZ 85260-3461
    Property profile & analytics

    7881 Gray Rd, Scottsdale, AZ 85260-3461

    View on Map

    • Warehouses
    • 32,492 SF
    • 3.02 lot acres
    Off-Market
    Last Sale Apr 23, 2024
    $12,000,000
    Property ID
    US07-1193233
    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.

    Value Estimations
    $10,565,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DLS Precision Fab Llc / Industrial Manufacturer
    • Gaspircan Inc / Garden Center
    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Lotus Scottsdale / Car Dealership
    • Koenigsegg Scottsdale / Car Dealership

    Property Details for 7881 Gray Rd

    Year built
    1999
    Construction
    CONCRETE
    Lot size
    3.02 lot acres
    Zone code
    I-1
    Property type
    Warehouses
    APN
    215-56-208
    APU
    21556208

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 23, 2024 $12,000,000 Bison LLC Azmw Properties LLC Special Warranty Deed —
    Apr 28, 2021 $5,500,000 Azmw Properties LLC B A Elk Grove LLC Special Warranty Deed $6.8M · Firstbank
    Dec 16, 2014 $3,550,000 B A Elk Grove LLC 7881 E Gray Rd LLC Special Warranty Deed $2.2M · Umb Bank NA
    Jan 13, 2012 $3,000,000 7881 E Gray Rd LLC Gray Road Properties LLC Grant Deed $2.4M · Umb Bank Arizona NA
    Apr 7, 1999 — Gray Road Properties LLC Monoghan Co LLC Grant Deed · related —
    Mar 23, 1999 $489,000 Monaghan Co LLC Colonial Trust Co Grant Deed —
    Jun 14, 1993 — Michael,j Monaghan Trust Monaghan Trust Quit Claim Deed · related —
    Jan 29, 1988 $3,700,000 Michael J Monagh K-tro Grant Deed —
    — — Camelback Trust Co — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $9,190,000
      6.5%
      $8,485,000
      7%
      $7,875,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,780,000
      Market price range: $1.32M - $9.78M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $15,890,000
      RETAIL STORES
      $14,965,000
      AUTO REPAIR, GARAGE
      $13,390,000
      MEDICAL BUILDING
      $11,350,000
      NEIGHBORHOOD: SHOPPING CENTER
      $7,030,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.91
    Latitude
    33.6118
    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
    2023
    $66,585
    $0.00
    $0.00
    $1,249,578
    -
    $3,444,200
    $4,129,000
    $7,573,200
    More about this property
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