Property profile

8355 Raintree Dr Scottsdale, AZ 85260

OFF-MARKET
Flex space
Property ID
US07-1183726
21,152 SF 1.58 ac lot Built 1987
Individually Owned 35-yr Hold Free & Clear
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Property summary

AI-generated overview

This ±21,544 square foot industrial building in Scottsdale, Arizona, offers multiple suites ideal for various uses. Located at 8355 E Raintree Dr, this Class B property boasts 18-foot ceilings, eight drive-in bays, and 56 parking spaces. Built in 1987, the building features two available spaces: a ±4,328 square foot showroom (Suite 110) and a ±5,414 square foot auto space with a paint booth and mixing room (Suites 130-150). The C-4 zoning allows for a wide range of uses, including showroom, auto repair, body shop, servicing, and sales. The property benefits from easy access to Loop 101 and ample space for building signage. A secured storage yard is also available. The building includes 10' x 10' overhead bay doors, air-conditioned showroom space, and evaporatively cooled warehouse space. The lease rate is $1.60 per square foot per month, plus NNN charges estimated at $0.39 per square foot per month. Immediate occupancy is available. The property is situated in Maricopa County, Arizona, with a zip code of 85260.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1987
Construction CONCRETE
Total area 21,152 SF
Lot 1.58 ac (68,711 SF)
Zoning code C-4
APN 215-55-053
UPID US07-1183726

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
  • Auto Repair Shop
  • Auto Repair Shop
  • Car Dealership
  • Auto Repair Shop

Location

8355 Raintree Dr Scottsdale, AZ 85260-2575
Scottsdale metro Census 216816 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.72M
Blend (final) Blend
$885k

Owner & transaction history

since 1991
2 recorded transactions
1991
$840,000
1969
Price N/A

Zoning & alternative use

C-4 · Scottsdale, AZ
Zoning description

m 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (C-3) General Commercial (…

General category INDUSTRIAL
Top alternative use upside
Medical building $7.4M +158.8%
Neighborhood: shopping center $4.6M +60.3%
Office building $3.4M +19.2%

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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