Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7900 Princess Dr Scottsdale, AZ 85255-5806

    • Specialty properties
    • 1,990 SF
    • 11.89 lot acres
    OFF-MARKET
    Last Sale
    Mar 30, 2022
    $175,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0815949
    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.

    Current Use by Public Records

    • Super Commercial Loans, LLC / Financial Consultant / Financial Planner
    • Naksham / Jewelry Store
    • Limo Service Phoenix - Penyco / Limousine Service / Chauffeur Service
    • A Touch Of Class Massage Therapy LLC / Massage Therapist / Alternative Medicine Practitioner
    • Sparkle Jewelry / Jewelry Store

    Property Details for 7900 Princess Dr

    Year built
    1987
    Construction
    STEEL FRAME
    Lot size
    11.89 lot acres
    Property size
    1,990 SF
    Zone code
    R-5
    Property type
    Specialty properties
    APN
    215-08-137A
    APU
    21508137A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.909
    Latitude
    33.6446
    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
    $217,424
    $0.00
    $0.00
    $7,781,560
    -
    $15,882,900
    $61,932,700
    $77,815,600

    Comparable in this City

    • Value Estimation by Request
      10,298 SF

      9510 Thompson Peak Pkwy

      PROFESSIONAL CLUBS/ASSOCIATIONS • 10,298 SF
      9510 Thompson Peak Pkwy, Scottsdale, AZ 85255-6600
      View Details
    • Value Estimation by Request
      1,830 SF

      18333 Thompson Peak Pkwy

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,830 SF
      18333 Thompson Peak Pkwy, Scottsdale, AZ 85255
      View Details
    • Value Estimation by Request
      12,939 SF

      17900 Hayden Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 12,939 SF
      17900 Hayden Rd, Scottsdale, AZ 85255-6711
      View Details
    • Value Estimation by Request
      13,900 SF

      8555 Pinnacle Peak Rd

      CREMATORIUM, MORTUARY • 13,900 SF
      8555 Pinnacle Peak Rd, Scottsdale, AZ 85255-3561
      View Details
    • Value Estimation by Request
      2,841 SF

      9393 Palo Brea Bnd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,841 SF
      9393 Palo Brea Bnd, Scottsdale, AZ 85255-6503
      View Details
    • Value Estimation by Request
      3,024 SF

      10607 Paradise Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,024 SF
      10607 Paradise Ln, Scottsdale, AZ 85255-2470
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      575,000 SF

      Scottsdale Retail Center

      Prime Scottsdale location, 575,000 SF retail space.
      20001 Scottsdale Rd, Scottsdale, AZ 85255
      View Details
    • $275,000
      1.85 Acres

      Scottsdale Land with Horse Privileges

      Almost two acres in Pinnacle Peak Heights, priced below comparable properties.
      23437 N Church Rd, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      15,725 SF

      Scottsdale Road Retail Space Available

      Retail space available in prominent Scottsdale retail trade area.
      17757 North Scottsdale Rd, Scottsdale, AZ 85255
      View Details
    • $4,200,000
      3.72 Acres

      Scottsdale View Lot in Silverleaf

      Prestigious 3.72-acre view lot with building envelope.
      11400 E Hideaway Ln, Scottsdale, AZ 85255
      View Details
    • $4,250,000
      11.40 Acres

      Silverleaf Estate Homesite Opportunity

      Premier 11.41-acre homesite with panoramic views in Scottsdale's Silverleaf.
      11663 E Del Cielo Dr, Scottsdale, AZ 85255
      View Details
    • $7,495,000
      8.00 Acres

      Silverleaf View Lot in Scottsdale

      8-acre lot with city views in The Summit.
      11554 E Del Cielo Dr, Scottsdale, AZ 85255
      View Details

    Similar Nearby for Lease

    • $1.55 SF/Yr
      6,042 SF

      North Scottsdale Location

      Located in North Scottsdale, near Loop 101.
      8541 E Anderson Dr, Scottsdale, AZ 85255
      View Details
    • $26 SF/Yr
      71,159 SF

      Princess Medical Center: Scottsdale

      Medical Office Suites Available in Scottsdale Airpark
      8573 Princess Dr, Scottsdale, AZ 85255
      View Details
    • $31 SF/Yr
      48,100 SF

      Prime Scottsdale Airpark Office Space

      Executive Suites, 4,690 SF Available
      8501 Princess Dr, Scottsdale, AZ 85255
      View Details
    • Contact for pricing
      7,679 SF

      Prime Scottsdale Executive Office Suite

      Prestigious Scottsdale office, 97 sq ft available.
      20715 Pima Rd, Scottsdale, AZ 85255
      View Details
    • $132 SF/Yr
      7,856 SF

      Scottsdale Retail Suites

      Luxury beauty suites, prime location.
      23150 Pima Rd, Scottsdale, AZ 85255
      View Details
    • $33 SF/Yr
      100,000 SF

      Canyon Village Executive Suites

      Scottsdale Office Space: 1,401-4,311 SF Available
      18835 Thompson Peak Pkwy, Scottsdale, AZ 85255
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7900 Princess Dr
    Scottsdale, AZ 85255-5806
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.