8650 Mcdowell Rd, Scottsdale, AZ 85257-3908
This exceptional investment opportunity presents a 3,537 square foot retail property located at 8650 E McDowell Rd, Scottsdale, AZ 85257, situated on a 0.6-acre lot (26,136 sq ft). The property, built in 1963 and renovated in 1990, features two single-story buildings and boasts a significant neighborhood and corporate client base. The property includes 27 parking spaces, a 1,275 square foot front service awning, and a 2,300 square foot fenced yard. The property benefits from a C-3 zoning designation and a convenient location at the intersection of McDowell Road and 87th Street in the South Scottsdale submarket. Taxes are $2.02 per square foot. The property also includes a fully owned solar system, reducing operational costs. The property's strong location within a densely populated area with high average income (90,124 population, $89,817 average income within a 3-mile radius) makes it an attractive investment. The property's Assessed Parcel Number (APN) is 131-46-052M. Power is provided by a 220v/110v system. There are no elevators.
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Napa Auto Care Center Auto Parts Store
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Bell Auto Service Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-R · Scottsdale, AZScottsdale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.