Property profile

8990 Shea Blvd Scottsdale, AZ 85260

OFF-MARKET
Grocery and convenience stores
Property ID
US07-3238643
1,913 SF 1.04 ac lot Built 1988
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1988
Construction CONCRETE
Total area 1,913 SF
Lot 1.04 ac (45,270 SF)
Zoning code C-2
APN 217-25-568B
UPID US07-3238643

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Atm Currency Exchange Service
  • Atm
  • Roofing Company General Contractor
  • Grocery & Convenience Store

Location

8990 Shea Blvd Scottsdale, AZ 85260-6701
Scottsdale metro Census 216826 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$1.58M

Owner & transaction history

since 2007
7 recorded transactions
2017
Price N/A
2012
Price N/A
2007
$12.7M
2007
$12.4M
2006
$3.8M
2006
$9.1M
2006
Price N/A

Zoning & alternative use

C-2 · Scottsdale, AZ
Zoning description

R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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