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Property profile & analytics
OFF-MARKET
Estimated value
$11,685,000
Medical Office Space
9097 Desert Cv Ave Ste 230, Scottsdale, AZ 85260-6277
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-0305550
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
CONCRETE
Total area
30,312 SF
Lot
2.06 ac (89,910 SF)
Zoning code
I-1
APN
217-25-574
UPID
US07-0305550
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.82M
Blend (final)
Blend
$11.69M
Owner & transaction history
Ep Desert Cove LLC · 8 yrs held
Ep Desert Cove LLC
since 2018
7 recorded transactions
Zoning & alternative use
I-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.8M
+40.0%
Retail stores
$14.0M
+31.8%
Auto repair, garage
$12.5M
+17.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$10,590,000
Current use
COMMERCIAL (GENERAL)
$14,825,000
Change: +40% · Conversion: Easy
RETAIL STORES
$13,960,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,490,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$11.69M
Range $10.52M – $12.85M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$385 / SF
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
$69,927
Tax year 2023
Assessed value
$1,509,673
Assessed 2024
Previous assessed
$1,334,109
+13.2% YoY
Effective rate
4.63%
On assessed value
Land market value
$1,966,500
Improvement market value
$7,183,033
Total market value
$9,149,533
Applied tax rate
481,400.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
2
Units
2
Total area
30,312 SF
Lot
2.06 ac (89,910 SF)
Zoning code
I-1
APN
217-25-574
UPID
US07-0305550
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Scottsdale, AZ
Zoning I-1 · permitted uses
I-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$10.6M
COMMERCIAL (GENERAL)
Est. value
$14.8M
RETAIL STORES
Est. value
$14.0M
AUTO REPAIR, GARAGE
Est. value
$12.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Ep Desert Cove LLC
Entity
Mailing address
200 E CARRILLO ST STE #100, SANTA BARBARA, CA 93101-2143
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2018
$8,600,000
Ep Desert Cove LLC
Tkk L L C
Special Warranty Deed
$4,650,000 · Pacific Premier Bank
Apr 22, 2003
—
Tkk LLC
—
Trustees Deed
related
$971,000 · Wells Fargo Bank Arizona
Jul 3, 2002
$1,012,020
Tkk LLC
Cove Commercial LLC
Grant Deed
$506,000 · Wells Fargo Bank Arizona
Jul 3, 2002
—
Cove Commercial LLC
Crabb,john & Joan
Grant Deed
related
—
Jul 23, 2001
$62,780
David Turcotte
Cove Commercial LLC
Grant Deed
—
Jul 21, 2000
$7,517,500
Cove Commercial LLC
Stockett,david & Charlayne
Quit Claim Deed
related
—
May 31, 2000
$775,000
David Stockett
Lupton,lynn C
Grant Deed
—
—
—
Tkk LLC
—
Deed Of Trust
related
$5,000,000 · Life Insurance Of Southwest
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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