8535 E Hartford Dr Scottsdale, AZ 85255
Property profile & analytics
8535 E Hartford Dr Scottsdale, AZ 85255
- Office buildings
- 22,996 SF
- 1.96 lot acres
Property ID
US07-0718108
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.
Location Intelligence
Current Use by Public Records
- Dr. Bruce Lachot / Dental Office
- Rod W. Gore DDS dba GOREgeous Smiles / Dental Office
- The Pogue Center / Spa & Massage Center / Alternative Medicine Practice
- GLO By Ashley / Spa & Massage Center
- Blossom Park / Training Center
Property Details for 8535 E Hartford Dr
- Year built
- 1997
- Construction
- STEEL FRAME
- Lot size
- 1.96 lot acres
- Property size
- 22,996 SF
- Zone code
- I-1
- Property type
- Office buildings
- APN
- 215-07-001K
- APU
- 21507001K
Description
This exceptional Class A medical office building, Coyote View Plaza, presents a rare investment opportunity in the highly desirable North Scottsdale submarket. Located at 8535 E. Hartford Dr, Scottsdale, AZ 85255, this two-story, 20,743 square foot property boasts a prime location at the signalized intersection of Bell Road and Perimeter Drive, just a half-mile from TPC Scottsdale and a quarter-mile from the Loop 101 Freeway. Built in 1997 and meticulously maintained, the building features six tenants with 100% occupancy, generating a strong NOI of $357,101 and a 6.21% cap rate. The asking price is $5,750,000, translating to $277.20 per square foot. Recent capital expenditures include exterior painting (March 2024), parking lot resurfacing (April 2024), sprinkler head replacement (March 2024), LED lighting upgrades (2021), and cooling tower improvements (2024). The roof was replaced in 2021 and is under an annual maintenance program. The property sits on a 1.96-acre lot and is zoned I-1. This stabilized investment offers a compelling return in a thriving market with high household incomes and home values within a three-mile radius. The building's strong tenant base and strategic location make it an ideal addition to any portfolio. This is a truly generational asset, never before offered for sale.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,958,000
- AI Estimate
- $6,958,000
Market price range: $914k - $6.96MMarket price range: $799k - $6.96M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,630,000 Current use
- AUTO REPAIR, GARAGE
- $9,475,000 Change: +105% Conversion: Difficult
- MEDICAL BUILDING
- $8,035,000 Change: +73% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $4,975,000 Change: +7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.896
- Latitude
- 33.6407
- 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
2022
$59,245
$0.00
$0.00
$879,438
-
$2,618,700
$2,711,229
$5,329,929
