Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8991 Mtn Vw Rd Scottsdale, AZ 85258-4402

    • Banks
    • 6,058 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimations
    $3,990,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1169930
    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

    • Wells Fargo Bank / Bank / Loan Service
    • Wells Fargo Advisors / Financial Advisor
    • Wells Fargo ATM / Atm

    Property Details for 8991 Mtn Vw Rd

    Year built
    1988
    Construction
    CONCRETE
    Lot size
    1.44 lot acres
    Property size
    6,058 SF
    Zone code
    C-T
    Property type
    Banks
    APN
    217-36-077P
    APU
    21736077P

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,129,000
      Market price range: $1.85M - $6.91M
      AI Estimate
      $3,851,000
      Market price range: $1.46M - $6.23M

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $3,540,000
      Current use
      RESTAURANT
      $4,345,000
      Change: +23% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,965,000
      Change: -16% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.887
    Latitude
    33.5748
    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
    $31,600
    $0.00
    $0.00
    $577,576
    -
    $2,249,400
    $1,251,060
    $3,500,460

    Comparable in this City

    • Value Estimation
      $4,260,000
      9,113 SF

      7375 Doubletree Rnch Rd

      FINANCIAL BUILDING • 9,113 SF
      7375 Doubletree Rnch Rd, Scottsdale, AZ 85258-2034
      View Details
    • Value Estimation
      $2,735,000
      7,744 SF

      8220 Via Paseo Del Norte

      FINANCIAL BUILDING • 7,744 SF
      8220 Via Paseo Del Norte, Scottsdale, AZ 85258-3732
      View Details
    • Value Estimation
      $3,255,000
      4,703 SF

      8075 Hayden Rd

      FINANCIAL BUILDING • 4,703 SF
      8075 Hayden Rd, Scottsdale, AZ 85258-2471
      View Details
    • Value Estimation
      $3,400,000
      7,372 SF

      10075 Via Linda

      FINANCIAL BUILDING • 7,372 SF
      10075 Via Linda, Scottsdale, AZ 85258-5325
      View Details
    • Value Estimation
      $3,595,000
      4,497 SF

      8922 Via Linda

      FINANCIAL BUILDING • 4,497 SF
      8922 Via Linda, Scottsdale, AZ 85258-5404
      View Details
    • Value Estimation
      $2,115,000
      7,111 SF

      8200 Via Paseo Del Norte

      FINANCIAL BUILDING • 7,111 SF
      8200 Via Paseo Del Norte, Scottsdale, AZ 85258-3732
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,855 SF

      Medical Office Near HonorHealth

      Office space for sale across from HonorHealth Shea Medical Center.
      10245 N 92Nd St, Scottsdale, AZ 85258
      View Details
    • $14,675,364
      11.23 Acres

      Prime Scottsdale Land - Loop 101 & Via De Ventura

      11.23 Acres, Build-to-Suit, Excellent Visibility
      9100 Pima Center Pkwy, Scottsdale, AZ 85258
      View Details
    • $4,377,780

      Scottsdale Commercial Land - Pima Center

      Prime 3.35-acre pad, ideal for development. High visibility, walkable amenities.
      De Ventura Pima Ctr Pkwy & Via, Scottsdale, AZ 85258
      View Details
    • Contact for pricing
      3.00 Acres

      Scottsdale Commercial Land - 3 Acres

      Prime Scottsdale location, high visibility, freeway access.
      De Ventura Loop 101 & Via, Scottsdale, AZ 85258
      View Details
    • $900,000

      Medical Office Space For Sale

      Medical office space near Honor Health Hospital Shea Campus.
      9777 N 91St St, Scottsdale, AZ 85258
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,400 SF

      Scottsdale Retail and Restaurant Space

      Retail and restaurant buildings available for lease in Scottsdale.
      8900 N 90Th St, Scottsdale, AZ 85258
      View Details
    • Contact for pricing
      5,000 SF

      Scottsdale Retail and Restaurant Space

      New mixed-use development near Talking Stick Resort and Loop 101.
      8989 N Pima Rd, Scottsdale, AZ 85258
      View Details
    • Contact for pricing
      6,000 SF

      Scottsdale Mixed-Use Development Space

      Highly visible retail, restaurant, and entertainment space for lease.
      8890 E Pima Center Pkwy, Scottsdale, AZ 85258
      View Details
    • $25 SF/Yr
      1,107 SF

      Scottsdale Retail Space For Rent

      Recently renovated retail space near high-traffic intersection in Scottsdale, Arizona.
      9015 Via Linda E, Scottsdale, AZ 85258
      View Details
    • $14 SF/Yr

      7200 SF Freestanding Retail Building

      Freestanding 7200 SF building with grade level doors for lease.
      9550 N 90Th St, Scottsdale, AZ 85258
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space Near Scottsdale Ranch

      Retail space with ample parking near Loop 101.
      9030 Via Linda E, Scottsdale, AZ 85258
      View Details

    Property Visit Statistics

    • Visits by month
      12.0k
    • Visitors by month
      8.2k
    • Avg Time on site
      13 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8991 Mtn Vw Rd
    Scottsdale, AZ 85258-4402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!