Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,900,000
Hotels
808 Scottsdale Rd Tempe, AZ 85288-1923
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-1289363
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
STEEL FRAME
Total area
45,400 SF
Lot
0.87 ac (37,897 SF)
Zoning code
I-1
APN
132-03-005C
UPID
US07-1289363
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
-
Comfort Inn & Suites Tempe Phoenix Sky Harbor Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.96M
Blend (final)
Blend
$9.90M
Owner & transaction history
Blue Sea Hotel Enterprise LLC · 7 yrs held
Blue Sea Hotel Enterprise LLC
since 2018
7 recorded transactions
Zoning & alternative use
I-1 · Tempe, AZ
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.90M
Range $8.91M – $10.89M · ±10%
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
$218 / 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
$65,082
Tax year 2023
Assessed value
$879,120
Assessed 2024
Previous assessed
$762,195
+15.3% YoY
Effective rate
7.40%
On assessed value
Land market value
$866,500
Improvement market value
$4,461,500
Total market value
$5,328,000
Applied tax rate
31,600.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Stories
4
Units
86
Total area
45,400 SF
Lot
0.87 ac (37,897 SF)
Zoning code
I-1
APN
132-03-005C
UPID
US07-1289363
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Tempe, AZZoning I-1 · permitted uses
I-1 · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning and development code
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Stories
4
Units
86
Lot
0.87 ac
Current owner
From public records · entity-resolved
Blue Sea Hotel Enterprise LLC
Entity
Mailing address
4633 N 65TH ST, SCOTTSDALE, AZ 85251-1038
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2018
$7,850,000
Blue Sea Hotel Enterprise LLC
Tempe 202 Hotel Investments LLC
Special Warranty Deed
$7,352,500 · Weststar Bank
Oct 16, 2018
$7,300,000
Tempe 202 Hotel Invs LLC
Tempe 202 Hotel LLC
Warranty Deed
—
Dec 29, 2015
$5,700,000
Tempe 202 Hotel LLC
Manchester Alliance Group LLC
Special Warranty Deed
$3,850,000 · First Community Bank
Dec 22, 2014
—
Manchester Alliance Group LLC
—
Grant Deed
related
$2,331,900 · Great Wstrn Bk
Mar 31, 2005
$5,700,000
Hallmark Inns & Resorts INC
Helte/allen LLC
Warranty Deed
—
Sep 4, 2001
$4,150,000
Heltne Allen LLC
Wold Hospitality LP
Grant Deed
$3,600,000 · Us Bank NA
May 21, 1998
—
Tempe City (az)
Wold Hospitality LLP
Grant Deed
related
—
Oct 21, 1996
$787,500
Hospitality L L P Wold
Gerald M & Diane M Olson
Grant Deed
—
—
—
Tempe 202 Hotel LLC
—
Deed Of Trust
related
$615,000 · Salamone Trust (pt)
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 808 Scottsdale Rd?
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.
