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    Property profile & analytics

    8501 Scottsdale Rd Ste, Unit 155 Scottsdale, AZ 85253-2755

    • Office buildings
    • 151,522 SF
    • 4.67 lot acres
    OFF-MARKET
    Value Estimation
    $24,975,000
    Last Sale
    Jul 31, 2023
    $26,500,000
    Location Intelligence
    Property ID
    US07-3293762
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 8501 Scottsdale Rd Ste

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    4.67 lot acres
    Property size
    151,522 SF
    Zone code
    C-O
    Property type
    Office buildings
    APN
    174-29-141C
    APU
    17429141C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $24,310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $24,670,000
      6.5%
      $28,235,000
      7%
      $24,655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $29,735,000
      Geo Method
      $24,880,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $26,085,000
      Retail
      $27,435,000
      Mixed-Use
      $32,035,000
      Hospitality
      $24,305,000
      Educational
      $26,200,000
      Residential Income
      $24,030,000
      Energy
      $31,440,000
      Income-Based Land
      $24,955,000
      Food Service
      $28,150,000

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.925
    Latitude
    33.5611
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $287,050
    $0.00
    $0.00
    $5,492,768
    -
    $8,804,800
    $24,484,700
    $33,289,500

    Comparable in this City

    • Value Estimation by Request
      448 SF

      7113 Rovey Ave

      OFFICE BUILDING • 448 SF
      7113 Rovey Ave, Paradise Valley, AZ 85253
      View Details
    • Value Estimation by Request
      56,650 SF

      6720 Scottsdale Rd Ste, Unit 378

      OFFICE BUILDING • 56,650 SF
      6720 Scottsdale Rd Ste, Scottsdale, AZ 85253-4471
      View Details
    • Value Estimation by Request
      3,870 SF

      10309 Scottsdale Rd

      OFFICE BUILDING • 3,870 SF
      10309 Scottsdale Rd, Scottsdale, AZ 85253-1474
      View Details
    • Value Estimation by Request
      7,300 SF

      10505 69th St

      OFFICE BUILDING • 7,300 SF
      10505 69th St, Paradise Valley, AZ 85253-4532
      View Details
    • Value Estimation by Request
      5,565 SF

      7118 Mcdonald Dr

      OFFICE BUILDING • 5,565 SF
      7118 Mcdonald Dr, Paradise Valley, AZ 85253
      View Details
    • Value Estimation by Request
      4,920 SF

      7170 Mcdonald Dr

      OFFICE BUILDING • 4,920 SF
      7170 Mcdonald Dr, Paradise Valley, AZ 85253-5408
      View Details

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    Similar Nearby for Lease

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      140,922 SF

      Scottsdale Spectrum Office Complex

      Office complex with mountain views, lush landscaping, and modern lobbies.
      6710 N Scottsdale Rd | Scottsdale, Paradise Valley, AZ 85253
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    • $37 SF/Yr
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      Class A Office Building

      Premier office building in Gainey Ranch with covered parking.
      8501 North Scottsdale Rd, Paradise Valley, AZ 85253
      View Details
    • $37 SF/Yr

      Office Space for Immediate Occupancy

      New spec suite available for rent in Paradise Valley.
      8601 N Scottsdale Rd, Paradise Valley, AZ 85253
      View Details
    • $37 SF/Yr
      1,933 SF

      Move-in Ready Medical Office Space

      Medical office space with high visibility near Scottsdale Road.
      5410 N Scottsdale Rd, Paradise Valley, AZ 85253
      View Details
    • $35 SF/Yr
      95,471 SF

      Scottsdale Executive Office Space

      Class A Office Suites, Central Scottsdale
      7025 Scottsdale Rd, Scottsdale, AZ 85253
      View Details
    • $29 SF/Yr
      58,991 SF

      Mountain View Medical Office Space

      Prime Medical Office Suites Available Now
      10555-10599 Tatum Blvd, Paradise Valley, AZ 85253
      View Details
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    Scottsdale, AZ 85253-2755
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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