New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Flex space
9382 Bahia Dr 103, Scottsdale, AZ 85260-1579
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0580501
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2003
Construction
CONCRETE
Total area
24,349 SF
Lot
0.08 ac (3,549 SF)
Zoning code
C-3
APN
217-13-381
UPID
US07-0580501
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
-
ServiceTrac Advertising Agency
-
PracticeMax Medical Billing Service
-
Alia MedFlight: Worldwide Air Ambulance Ambulance Service
-
The ASPenLink (Bike/Boat/Book/etc) Store Corporate Office
-
MVP Luxury Exotic Car Rental Scottsdale Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
Coyotes Ice 3 LLC · 1 yrs held
Coyotes Ice 3 LLC
since 2024
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
C-3 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.9M
+19.2%
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
$2,890,000
ML approach
$2,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,290,000
Current use
OFFICE BUILDING
$3,920,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10% · vs last sale $2.89M (Oct 29 2024)
Last sale anchor
$2.89M
Oct 29 2024
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
$119 / 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
$5,419
Tax year 2023
Assessed value
$150,084
Assessed 2024
Previous assessed
$150,084
+0.0% YoY
Effective rate
3.61%
On assessed value
Land market value
$181,900
Improvement market value
$727,700
Total market value
$909,600
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
24,349 SF
Lot
0.08 ac (3,549 SF)
Zoning code
C-3
APN
217-13-381
UPID
US07-0580501
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Scottsdale, AZ
Zoning C-3 · permitted uses
C-3 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.9M
INDUSTRIAL (GENERAL) Current
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
2003
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Coyotes Ice 3 LLC
Entity
Mailing address
7114 E STETSON DR STE #400, SCOTTSDALE, AZ 85251-3252
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
$2,890,000
Coyotes Ice 3 LLC
9382 Bahia Drive LLC
Special Warranty Deed
—
May 19, 2022
$1,725,000
9382 Bahia Drive LLC
Spanish Bay Holdings LLC
Special Warranty Deed
$1,380,000 · Zb NA
Aug 11, 2006
—
Spanish Bay Holdings LLC
Mgn INC
Re-recorded Document
related
$1,808,393 · Wachovia Commercial Mortgage INC
Sep 28, 2005
$1,123,895
Spanish Bay Holdings LLC
Mgn INC
Grant Deed
$800,000 · Mortgages Ltd
—
—
Spanish Bay Holdings LLC
—
Deed Of Trust
related
$800,000 · Mortgages Ltd 401k Plan
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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