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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
8646 Frank Lloyd Wright Blvd, Scottsdale, AZ 85260-1902
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-2897971
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1995
Construction
STEEL FRAME
Total area
3,240 SF
Lot
0.94 ac (40,879 SF)
Zoning code
C-3
APN
215-51-001J
UPID
US07-2897971
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
-
Blue Rhino Tank Exchange Propane Supplier
-
Shell Grocery & Convenience Store
-
Superpumper Grocery & Convenience Store
-
Krispy Krunchy Chicken Restaurant
-
National Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Js Gas Station LLC · 3 yrs held
Js Gas Station LLC
since 2023
Last sale
$6.4M
7 recorded transactions
Zoning & alternative use
C-3 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$19,391
Tax year 2023
Assessed value
$251,595
Assessed 2024
Previous assessed
$234,277
+7.4% YoY
Effective rate
7.71%
On assessed value
Land market value
$1,206,400
Improvement market value
$318,417
Total market value
$1,524,817
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Total area
3,240 SF
Lot
0.94 ac (40,879 SF)
Zoning code
C-3
APN
215-51-001J
UPID
US07-2897971
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Scottsdale, AZ
Zoning C-3 · permitted uses
C-3 · 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.
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Js Gas Station LLC
Entity
Free & Clear · 3 yrs held
Mailing address
645 E MISSOURI AVE STE #170, PHOENIX, AZ 85012-1370
Ownership since
2023
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
Jan 3, 2023
$5,972,000
Js Gas Station LLC
Spirit Spe Portfolio 2007 3 LLC
Special Warranty Deed
—
Oct 3, 2012
—
Spirit Spe Portfolio 2007-3 Ll
—
Deed Of Trust
related
$23,000,000 · Pnc Bank
Jul 2, 2007
$34,712,943
Spirit Spe Portfolio 2007-3 Ll
Land Venture Partners II LLC
Grant Deed
$23,000,000 · Pnc Bank
Apr 25, 2006
$4,760,000
Land Venture Partners II LLC
Pa Morabito Arizona & Co Ltd
Grant Deed
—
Apr 25, 2006
$3,685,500
Pa Morabito Arizona & Co Ltd
Partners Forever LLC
Grant Deed
—
Apr 25, 2006
—
Land Venture Partners II LLC
Superpumper INC
Quit Claim Deed
related
—
Sep 18, 2002
—
Superpumper INC
Giant Industries Arizona INC
Trustees Deed
$14,000,000 · Bank One NA
Sep 7, 1989
$20,872,723
At The Cros Mall
—
Grant Deed
related
—
Jun 15, 1988
—
Giant Industries
Unknown
Grant Deed
related
—
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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