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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Industrial properties
8241 Gelding Dr, Scottsdale, AZ 85260-5353
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US07-0764483
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1997
Construction
CONCRETE
Total area
10,947 SF
Lot
0.88 ac (38,480 SF)
Zoning code
I-G
APN
215-54-100
UPID
US07-0764483
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
-
Premium Valley Produce Inc Food Processing Plant
-
Stonehouse Collection (Bike/Boat/Book/etc) Store Party Supply Store
-
kersten gallery Art Gallery
-
Silva & Sons Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.49M
Blend (final)
Blend
$2.49M
Owner & transaction history
Silva Family Enterprises LLC · 16 yrs held
Silva Family Enterprises LLC
since 2010
7 recorded transactions
Zoning & alternative use
I-G · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.8M
+158.8%
Neighborhood: shopping center
$2.4M
+60.3%
Office building
$1.8M
+19.2%
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 Scottsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsdale 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
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,825,000
Change: +159% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,370,000
Change: +60% · Conversion: Difficult
OFFICE BUILDING
$1,760,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±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
$227 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$25,092
Tax year 2022
Assessed value
$432,284
Assessed 2024
Previous assessed
$390,133
+10.8% YoY
Effective rate
5.80%
On assessed value
Land market value
$1,028,600
Improvement market value
$1,591,300
Total market value
$2,619,900
Applied tax rate
691,400.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
10,947 SF
Lot
0.88 ac (38,480 SF)
Zoning code
I-G
APN
215-54-100
UPID
US07-0764483
Jurisdiction
MARICOPA
Zoning & alternative use
I-G · Scottsdale, AZ
Zoning I-G · permitted uses
I-G · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Silva Family Enterprises LLC
Entity
Mailing address
28097 N 92ND PL, SCOTTSDALE, AZ 85262-9097
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2010
$1,073,150
Silva Family Enterprises LLC
M&i Marshall & Ilsley Bank
Special Warranty Deed
$827,526 · M & I Marshall & Ilsley Bank
Jun 25, 2010
$1,134,506
M I Marshall Bk
Schultz Ryan M
Trustees Deed
related
—
Mar 18, 2005
$1,475,000
Everclear Development LLC
Wright Bros Investments INC
Warranty Deed
$1,180,000 · M & I Marshall & Ilsley Bank
Apr 29, 1999
$882,600
Wright Bros Investments INC
Fedrizzi Trust
Grant Deed
—
Apr 11, 1997
—
John J Fedrizzi
John J Fedrizzi
Quit Claim Deed
related
—
Nov 15, 1989
$160,000
Fedrizzi Trustee
Elson
Grant Deed
$60,000 · Seller
Mar 13, 1989
—
Valley Natio
Unknown
Grant Deed
related
—
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.
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