Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,005,000
Automotive properties
8445 Frank Lloyd Wright Blvd Scottsdale, AZ 85260-1985
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-2309242
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2013
Construction
CONCRETE
Total area
17,275 SF
Lot
6.49 ac (282,680 SF)
Zoning code
C-G
APN
215-51-021
UPID
US07-2309242
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
-
Jalil Daniels Hyundai North Scottsdale Car Dealership
-
Genesis of Scottsdale Service Car Dealership
-
Scottsdale Auto North Car Dealership
-
Earnhardt Hyundai Service Center Auto Repair Shop
-
Earnhardt Hyundai North Scottsdale Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.00M
Blend (final)
Blend
$14.01M
Owner & transaction history
Earnhartd Arizona Properties INC · 13 yrs held
Earnhartd Arizona Properties INC
since 2012
5 recorded transactions
Zoning & alternative use
C-G · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.4M
+74.0%
Commercial (general)
$8.5M
+18.7%
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
RESTAURANT
$12,385,000
Change: +74% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,450,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$14.01M
Range $12.60M – $15.41M · ±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
$811 / 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
$182,211
Tax year 2022
Assessed value
$2,574,678
Assessed 2024
Previous assessed
$2,243,167
+14.8% YoY
Effective rate
7.08%
On assessed value
Land market value
$8,487,900
Improvement market value
$7,116,207
Total market value
$15,604,107
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2013
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
17,275 SF
Lot
6.49 ac (282,680 SF)
Zoning code
C-G
APN
215-51-021
UPID
US07-2309242
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Scottsdale, AZ
Zoning C-G · permitted uses
C-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
RESTAURANT
Est. value
$12.4M
COMMERCIAL (GENERAL)
Est. value
$8.5M
RESTAURANT
COMMERCIAL (GENERAL)
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
2013
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
6.49 ac
Current owner
From public records · entity-resolved
Earnhartd Arizona Properties INC
Entity
Mailing address
7300 W ORCHID LN, CHANDLER, AZ 85226-1000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2019
—
Earnhardt Arizona Prop LLC
—
Deed
related
$6,000,000 · Jp Morgan Chase Bk
Dec 1, 2017
—
Earnhardt Arizona Props LLC
—
Loan Modification
related
$5,985,000 · Jp Morgan Chase Bk
Nov 13, 2012
$5,243,478
Earnhartd Arizona Properties INC
Five B Investment INC
Special Warranty Deed
$12,000,000 · Jpmorgan Chase Bank NA
Aug 15, 2012
—
Five B Investment INC
Jaz Properties Of Scottsdale LLC
Grant Deed
related
—
—
—
Earnhardt Arizona Prop LLC
—
Loan Modification
related
$6,000,000 · Jp Morgan Chase 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.
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?”
You own 8445 Frank Lloyd Wright Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
