You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Flex space

8221 E Gelding Dr Scottsdale, AZ 85260

9,279 SF 0.88 ac lot Built 1986
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-0031771
8221 E Gelding Dr, Scottsdale, AZ 85260 For Sale
$3,500,000 9,279 SF
8221 E Gelding Dr, Scottsdale, AZ 85260
View Listing →
Property summary
AI-generated overview

This exceptional 9,279-square-foot industrial building, situated in the desirable Scottsdale Airpark submarket at 8221 E Gelding Dr, Scottsdale, AZ 85260 (APN 215-54-101), presents a compelling investment opportunity. Built in 1987 and renovated in 2017, this single-story Class B property boasts a 14-foot ceiling height and features a blend of flex, warehouse, and R&D space, making it suitable for a variety of business uses. The property includes one loading dock, one drive-in overhead door, and a private yard. The building is fully air-conditioned and includes built-out offices. The expansive 38,480-square-foot lot is zoned I-G. The asking price is $3,500,000, translating to $377.20 per square foot. Attractive seller financing is available, making this an exceptional opportunity for owner-users seeking a strategic investment in a prime location. This property offers a unique combination of functionality, location, and financing options, making it an ideal choice for discerning buyers. The property is located in Maricopa County. A potential paint booth is also a feature of this property.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1986
Construction CONCRETE
Total area 9,279 SF
Lot 0.88 ac (38,480 SF)
Zoning code I-G
APN 215-54-101
UPID US07-0031771
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
  • Kroy Sign Systems (Bike/Boat/Book/etc) Store Printing Service
  • Eco Air Solutions of Arizona Inc HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$2.70M
Owner & transaction history
M And K Holdings Group LLC · 1 yrs held
M And K Holdings Group LLC
since 2024
Last sale
$3.3M
7 recorded transactions
2024
$3.3M
2017
Price N/A
2017
Price N/A
2016
$1.2M
2007
Price N/A
2003
$1.2M
1997
Price N/A
Zoning & alternative use
I-G · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

m 30-foot landscape buffer in the side and rear yards, and a minimum six-foot high masonry block wall or approved landscape screen on the side and rear property lines abutting any Residential District. Light Employment (I-G) • Minimum 25-foot wide landscape buffer in the side and rear yards, and a minimum six-foot high masonry wall or approved landscape scre…

Zone name Light Employment
General category INDUSTRIAL
Zone area 27.08 ac
Source Zoning Ordinance Interpretations
Top alternative use upside
Retail stores $4.3M +241.1%
Auto repair, garage $3.8M +205.2%
Medical building $3.2M +158.8%
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?”
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