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Property profile & analytics
FOR LEASE
Flex space
9112 E Verde Grove Vw, Scottsdale, AZ 85255
Entity Owned
~
Est. High Equity
Property ID
US07-0810878
For Lease
1 / 4
$4,460,000
9112 E Verde Grove Vw, Scottsdale, AZ 85255
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2020
Total area
15,635 SF
Lot
1.02 ac (44,498 SF)
Zoning code
I-1
APN
217-55-704A
UPID
US07-0810878
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
Current use
Occupant on record · Public records
-
Crease Group Clothing Supplier
-
CommLoan Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$4.46M
Owner & transaction history
9112 Verde LLC
9112 Verde LLC
since 2025
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
I-1 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.2M
+291.7%
Auto repair, garage
$6.4M
+250.5%
Medical building
$5.5M
+197.2%
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
RETAIL STORES
$7,200,000
Change: +292% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,440,000
Change: +250% · Conversion: Easy
MEDICAL BUILDING
$5,465,000
Change: +197% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,385,000
Change: +84% · Conversion: Difficult
OFFICE BUILDING
$3,150,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$4.46M
Range $4.01M – $4.91M · ±10% · vs last sale $6.10M (Aug 13 2025)
Last sale anchor
$6.10M
Aug 13 2025
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
$285 / 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
$16,854
Tax year 2023
Assessed value
$471,587
Assessed 2024
Previous assessed
$336,600
+40.1% YoY
Effective rate
3.57%
On assessed value
Land market value
$909,200
Improvement market value
$1,948,900
Total market value
$2,858,100
Applied tax rate
481,404.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
2020
Heating
NONE
Stories
2
Total area
15,635 SF
Lot
1.02 ac (44,498 SF)
Zoning code
I-1
APN
217-55-704A
UPID
US07-0810878
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
RETAIL STORES
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.2M
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2020
Heating
NONE
Stories
2
Lot
1.02 ac
Current owner
From public records · entity-resolved
9112 Verde LLC
Entity
Mailing address
20724 N 112TH ST, SCOTTSDALE, AZ 85255-2008
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
$6,100,000
9112 Verde LLC
Dorsey Family Holdings LLC
Warranty Deed
$8,750,000 · Ventura County Cu
Oct 27, 2022
—
Dorsey Family Holdings LLC
—
Deed
related
$3,675,000 · Tradition Capital Bank
Dec 28, 2021
—
Dorsey Family Holdings LLC
Verde View Grove LLC
Special Warranty Deed
$3,185,000 · The Northern Trust Co
Feb 5, 2021
$3,298,000
Verde View Grove LLC
Capital Industrial Holdings LLC
Special Warranty Deed
$2,638,400 · Ks Statebank
May 7, 2020
—
Capital Indl Hldgs LLC
—
Deed
related
$1,000,000 · Elkhorn Vly Bk&tr
Aug 7, 2018
$2,190,015
Capital Industrial Holdings LLC
Greathearts Arizona
Special Warranty Deed
$4,000,000 · Elkhorn Valley Bank & Trust
Feb 25, 2016
$2,685,038
Great Hearts Academies
Swvp Dc Ranch LLC
Grant Deed
$48,465 · Us Bk
Mar 25, 2011
—
Swvp Dc Ranch LLC
Dc Ranch Office Lots Ptrs LLC
Deed In Lieu Of Foreclosure
related
—
Nov 28, 2007
—
Hrcf-biltmore Lge Ranch LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Dc Ranch Office Lots Ptrs LLC
—
Loan Modification
related
—
—
—
Capital Indl Hldgs LLC
—
Deed Of Trust
related
$1,000,000 · Elkhorn Vly Bk&tr
—
—
Hrcf-biltmore Lge Dc Ranch LLC
—
Loan Modification
related
—
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.
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