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Financial
Distress signals
Property profile

8221 E Gelding Dr Scottsdale, AZ 85260

FOR SALE
Flex space
Property ID
US07-0031771
9,279 SF 0.88 ac lot Built 1986
Last sale Nov 2024 · $3,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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8221 E Gelding Dr, Scottsdale, AZ 85260 For Sale
$3,500,000 9,279 SF
8221 E Gelding Dr, Scottsdale, AZ 85260
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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,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$367k
Effective rate5.44%

Value estimate

· Oct 2026
$730k
$657k – $803k
Submarket $/SF estimate$2.11M
NOI build-up
Gross scheduled income$197k
Vacancy & credit loss−$12k
Operating expenses−$28k
NOI · 4.50% cap applied$157k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 108 recorded sales of this use type
Observed band · Q1–Q3$41 – $228
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.50%
$157k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-G
The I-G District is intended to provide employment uses such as educational institutions, research, technological and light manufacturing...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.9
Barber Shop8.6
Pet Grooming Service8.6

Location

8221 E Gelding Dr Scottsdale, AZ 85260
County assessor Recorded deeds · 11 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7745 Redfield Rd, Scottsdale, AZ 85260-2995 $685,000 Jan 2026 9,622 SF
15979 76th St Ste, Scottsdale, AZ 85260-1663 $1,450,000 Jan 2025 11,559 SF
7900 Greenway Rd, Scottsdale, AZ 85260-1714 $5,700,000 Dec 2024 9,863 SF
7735 Redfield Rd, Scottsdale, AZ 85260-2986 $655,000 Sep 2024 9,622 SF
7782 Greenway, Scottsdale, AZ 85260-1706 $4,200,000 May 2024 11,724 SF
7302 Helm Dr, Scottsdale, AZ 85260-3126 $635,000 Jan 2024 10,386 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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