Property profile

8111 Indian Bnd Rd Scottsdale, AZ 85250

OFF-MARKET
Office Spaces
Property ID
US07-1574475
1.59 ac lot
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,144 square foot single-story office building is located in the heart of central Scottsdale, Arizona, within the Indian Bend Corp. Centre office condominium complex. The property, situated at 8111 E Indian Bend Rd, Scottsdale, AZ 85250 (APN: 174-11-303, 174-11-304, 174-11-305, 174-11-306, 174-11-307, 174-11-308, 174-11-309, 174-11-310, 174-11-311, 174-11-312, 174-11-313, 174-11-314), is zoned PCC and offers a functional layout ideal for a variety of uses. Currently configured as a law firm, the space includes 29 offices, a large conference room, a bullpen area, a kitchen, and in-suite restrooms. Its design allows for owner-occupancy with potential for supplemental income through leasing excess space. The property benefits from its proximity to highly desirable residential areas like Gainey Ranch and McCormick Ranch, and is conveniently located near major Scottsdale entertainment districts including Kierland Commons, Scottsdale Quarter, Scottsdale Pavilions, Scottsdale Fashion Square Mall, and Old Town Scottsdale. Easy access to the 101 Freeway is another key advantage, located less than a mile away. This presents a unique investment opportunity for both owner-users and investors seeking a prime location in a thriving market. The asking price is $3,185,000.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 1.59 ac (69,364 SF)
Zoning code PCC
APN 174-11-335
UPID US07-1574475

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

8111 Indian Bnd Rd Scottsdale, AZ 85250-4813
Scottsdale metro Census 216902 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
$2.8M
2025
Price N/A
2004
Price N/A
2004
Price N/A

Zoning & alternative use

PCC · Scottsdale, AZ
Zoning description

The PCC district is intended to provide a large variety of retail goods and personal and professional services for multiple neighborhoods. Residential uses are encouraged to promote day and night time activity.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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