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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8970 E Bahia Dr Scottsdale, AZ 85260

    • Industrial properties
    • 31,607 SF
    • 2.30 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0023500
    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

    • Artisan Colour / Direct Mail Advertising / Commercial Printer
    • ArtisanHD / Digital Printing Service / Commercial Printer
    • Eulogy Books / Print Shop / Commercial Printer
    • Phoenix Commercial Printing / Commercial Printer
    • SpiffySquare App / Print Shop

    Property Details for 8970 E Bahia Dr

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    2.30 lot acres
    Property size
    31,607 SF
    Zone code
    I-1
    Property type
    Industrial properties
    APN
    217-13-010B
    APU
    21713010B

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,192,000
      Market price range: $1.28M - $7.19M
      AI Estimate
      $7,183,000
      Market price range: $1.28M - $7.19M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $11,045,000
      NEIGHBORHOOD: SHOPPING CENTER
      $6,840,000
      OFFICE BUILDING
      $5,085,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.888
    Latitude
    33.6375
    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
    $42,834
    $0.00
    $0.00
    $1,172,061
    -
    $2,636,500
    $4,466,900
    $7,103,400

    Comparable in this City

    • Value Estimation
      $1,020,000
      25,146 SF

      7740 Redfield Rd Ste, Unit 101

      INDUSTRIAL LOFT BUILDING • 25,146 SF
      7740 Redfield Rd Ste, Scottsdale, AZ 85260-6903
      View Details
    • Value Estimation
      $2,025,000
      10,150 SF

      7717 Greenway Rd

      INDUSTRIAL LOFT BUILDING • 10,150 SF
      7717 Greenway Rd, Scottsdale, AZ 85260-1705
      View Details
    • Value Estimation
      $1,020,000
      25,146 SF

      7740 Redfield Rd Ste, Unit 105

      INDUSTRIAL LOFT BUILDING • 25,146 SF
      7740 Redfield Rd Ste, Scottsdale, AZ 85260-6903
      View Details
    • Value Estimation
      $4,915,000
      27,525 SF

      7645 Evans Rd

      INDUSTRIAL LOFT BUILDING • 27,525 SF
      7645 Evans Rd, Scottsdale, AZ 85260-2943
      View Details
    • Value Estimation
      $1,230,000
      11,081 SF

      14770 78th Way Ste A

      INDUSTRIAL LOFT BUILDING • 11,081 SF
      14770 78th Way Ste A, Scottsdale, AZ 85260-3445
      View Details
    • Value Estimation
      $1,675,000
      7,355 SF

      7831 Greenway Rd

      INDUSTRIAL LOFT BUILDING • 7,355 SF
      7831 Greenway Rd, Scottsdale, AZ 85260-1707
      View Details

    Similar Nearby for Sale

    • $1,750,000
      3,000 SF

      Scottsdale Airpark Industrial Property

      Remodeled industrial space in prime Scottsdale Airpark location.
      15979 N 76Th St, Scottsdale, AZ 85260
      View Details
    • $1,250,000
      3,119 SF

      Scottsdale Airpark Flex/Industrial Space

      Flex/Industrial space in Scottsdale Airpark with freeway access.
      14201 N Hayden Rd, Scottsdale, AZ 85260
      View Details
    • $16,000,000
      41,789 SF

      Freestanding Industrial Building Investment Opportunity

      41,789 SF industrial building for sale in Scottsdale, Arizona.
      7543 E Tierra Buena Ln, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      35,667 SF

      Scottsdale Warehouse with Freeway Visibility

      35,667 SF warehouse on 2.67 acres with freeway visibility.
      8970 E Bahia Dr, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      1.10 Acres

      Scottsdale Airpark Hangar Site

      1.1-acre hangar development site, Scottsdale.
      15853 81St St, Scottsdale, AZ 85260
      View Details
    • $3,650,000
      18,205 SF

      Scottsdale Office and Warehouse Space

      Single-story property offering flexible office and warehouse configurations for sale.
      7400 E Monte Cristo Ave, Scottsdale, AZ 85260
      View Details

    Similar Nearby for Lease

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      20,084 SF

      Multi-Tenant Building on Hayden Road

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      7949 E Acoma Dr | Scottsdale, Scottsdale, AZ 85260
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    • Contact for pricing
      29,487 SF

      Scottsdale Industrial Property for Lease

      29487 square foot industrial property available for rent.
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      View Details
    • $25 SF/Yr
      18,718 SF

      Scottsdale Airpark Creative Office Space

      Modern Scottsdale office, hangar space available.
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      View Details
    • $1.15 SF/Yr
      3,351 SF

      Scottsdale Warehouse with Office Space

      Warehouse with office space available November 1, 2018.
      16441 N 91 St | Scottsdale, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      242,740 SF

      Scottsdale Airpark Distribution Warehouse

      Premier infill location with access to Loop 101.
      7501 E Redfield Rd, Scottsdale, AZ 85260
      View Details
    • Contact for pricing
      24,279 SF

      Scottsdale Industrial Building with Office

      24,279 SF industrial building with remodeled office space.
      15649 N Greenway-Hayden Loop, Scottsdale, AZ 85260
      View Details
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    Scottsdale, AZ 85260
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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