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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Industrial properties
8281 Gelding Dr Scottsdale, AZ 85260-3619
Entity Owned
Free & Clear
Property ID
US07-2667821
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1991
Construction
CONCRETE
Total area
6,181 SF
Lot
0.46 ac (20,202 SF)
Zoning code
I-G
APN
215-54-098B
UPID
US07-2667821
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
-
Tricor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.41M
Owner & transaction history
Scotty Investments LLC
Scotty Investments LLC
since 2026
7 recorded transactions
Zoning & alternative use
I-G · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+158.8%
Neighborhood: shopping center
$1.3M
+60.3%
Office building
$995,000
+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
$2,160,000
Change: +159% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,340,000
Change: +60% · Conversion: Difficult
OFFICE BUILDING
$995,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,624
Tax year 2023
Assessed value
$253,325
Assessed 2024
Previous assessed
$253,325
+0.0% YoY
Effective rate
5.38%
On assessed value
Land market value
$545,900
Improvement market value
$989,400
Total market value
$1,535,300
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
1991
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
6,181 SF
Lot
0.46 ac (20,202 SF)
Zoning code
I-G
APN
215-54-098B
UPID
US07-2667821
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
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
OFFICE BUILDING
Est. value
$995,000
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
1991
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Scotty Investments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8271 E GELDING DR, SCOTTSDALE, AZ 85260-3619
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2026
$4,000,000
Scotty Investments LLC
Falconbridge Enterprises Arizona V
Special Warranty Deed
—
Sep 26, 2024
—
Falconbridge Enterprises Arizona V
—
Deed
related
$300,000 · First Fidelity Bank
May 20, 2019
—
Falconbridge Enterprises Arizona V
—
Deed
related
$675,000 · First Fidelity Bank
May 17, 2019
—
Falconbridge Ents Arizona V Ll
—
Deed
related
$675,000 · First Fidelity Bk
Feb 17, 2006
$1,080,000
Falconbridge Enterprises Arizona V
Cameron A Sharpe
Warranty Deed
$995,670 · Matrix Capital Bank
Aug 5, 2002
—
Sharpe,tr
Sharptec LLC
Quit Claim Deed
related
—
Dec 24, 1997
—
L L C Sharptec
Best Phoenix INC
Grant Deed
$249,900 · National Bank Canada
—
—
Falconbridge Ents Arizona V Ll
—
Deed Of Trust
related
$675,000 · First Fidelity Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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