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Property profile & analytics
OFF-MARKET
Estimated value
$8,600,000
Office buildings
8600 Anderson Dr, Scottsdale, AZ 85255-7470
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-2290375
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
28,417 SF
Lot
3.74 ac (162,959 SF)
Zoning code
C-O
APN
215-07-392
UPID
US07-2290375
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
-
Senior Wyze Senior Care & Assisted Living Scottsdale AZ Nursing Home Retirement Community
-
GILE Commercial Real Estate & Business Brokerage Real Estate Agency
-
VacayAZ - Scottsdale Vacation Rental Management Property Management Company Vacation Home Rental Agency
-
Arizona Quilters Guild (Bike/Boat/Book/etc) Store Home Decor Store
-
Best Local Air Duct Cleaning Today HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.60M
Blend (final)
Blend
$8.60M
Owner & transaction history
Scottsdale Area Assn Of Realto · 12 yrs held
Scottsdale Area Assn Of Realto
since 2014
7 recorded transactions
Zoning & alternative use
C-O · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.9M
+142.8%
Retail stores
$13.1M
+128.7%
Auto repair, garage
$11.7M
+104.6%
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
OFFICE BUILDING
$5,725,000
Current use
COMMERCIAL (GENERAL)
$13,895,000
Change: +143% · Conversion: Easy
RETAIL STORES
$13,090,000
Change: +129% · Conversion: Moderate
AUTO REPAIR, GARAGE
$11,710,000
Change: +105% · Conversion: Difficult
MEDICAL BUILDING
$9,930,000
Change: +73% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,150,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$8.60M
Range $7.74M – $9.46M · ±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
$303 / 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
$127,519
Tax year 2023
Assessed value
$1,844,003
Assessed 2024
Previous assessed
$1,752,802
+5.2% YoY
Effective rate
6.92%
On assessed value
Land market value
$4,938,900
Improvement market value
$6,236,875
Total market value
$11,175,775
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
2
Units
2
Total area
28,417 SF
Lot
3.74 ac (162,959 SF)
Zoning code
C-O
APN
215-07-392
UPID
US07-2290375
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Scottsdale, AZ
Zoning C-O · permitted uses
C-O · 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
OFFICE BUILDING Current
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$13.9M
RETAIL STORES
Est. value
$13.1M
AUTO REPAIR, GARAGE
Est. value
$11.7M
MEDICAL BUILDING
Est. value
$9.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Buildings
2
Units
2
Lot
3.74 ac
Current owner
From public records · entity-resolved
Scottsdale Area Assn Of Realto
Individual
Mailing address
4221 N SCOTTSDALE RD, SCOTTSDALE, AZ 85251-3909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2021
—
Scottsdale Area Association Of Real
—
Deed
related
$5,892,000 · Arizona Bank & Trust
Feb 19, 2014
$6,125,000
Scottsdale Area Assn Of Realto
Md 8600 Anderson LLC
Grant Deed
$7,600,000 · Johnson Bk
Sep 6, 2012
$1,234,000
Md 8600 Anderson LLC
Slh Med Arizona LLC
Grant Deed
$2,775,048 · Bankfirst
Sep 6, 2012
—
Slh Med Arizona LLC
Silverleaf Perimeter Center Ll
Deed In Lieu Of Foreclosure
—
Sep 6, 2012
$2,466,000
Md 8600 Anderson LLC
Slh Med Arizona LLC
Grant Deed
—
Jul 30, 2007
$11,000,000
Silverleaf Perimeter Center Ll
Corporate Enhancement Group In
Warranty Deed
—
—
—
Corporate Enhancement Group In
—
Deed Of Trust
related
$347,000 · Anita Rezvani
—
—
Silverleaf Perimeter Center Ll
—
Deed Of Trust
related
$9,500,000 · Intervest Mtg Inv
—
—
Corporate Enhancement Group In
—
Deed Of Trust
related
$324,000 · Wfb NA
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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