Sign Up Successful!
You now have access to more from Realmo!
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

    9450 Ironwood Sq Dr, Unit 135 Scottsdale, AZ 85258-4570

    • Medical offices
    • 5,736 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimations
    $2,810,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1005132
    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

    • Estetica Cosmetic Surgery / Physician
    • Donna Nurse Injector / Spa & Massage Center / Alternative Medicine Practice
    • Dr. Corwin D. Martin, MD - Estetica Cosmetic & Reconstructive Surgery / Physician / Medical Clinic

    Property Details for 9450 Ironwood Sq Dr

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    0.12 lot acres
    Property size
    5,736 SF
    Zone code
    C-O
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    217-53-907
    APU
    21753907

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,840,000
      Market price range: $744k - $3.38M
      AI Estimate
      $2,778,000
      Market price range: $744k - $3.38M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,005,000
      Current use
      RESTAURANT
      $4,110,000
      Change: +105% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,805,000
      Change: +40% Conversion: Easy
      RETAIL STORES
      $2,640,000
      Change: +32% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,365,000
      Change: +18% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.877
    Latitude
    33.5785
    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
    $13,095
    $0.00
    $0.00
    $362,951
    -
    $439,900
    $1,759,800
    $2,199,700

    Comparable in this City

    • Value Estimation
      $1,180,000
      3,233 SF

      8112 87th Pl

      MEDICAL BUILDING • 3,233 SF
      8112 87th Pl, Scottsdale, AZ 85258-2368
      View Details
    • Value Estimation
      $2,485,000
      6,194 SF

      9431 Ironwood Sq Dr, Unit 135

      MEDICAL BUILDING • 6,194 SF
      9431 Ironwood Sq Dr, Scottsdale, AZ 85258-4572
      View Details
    • Value Estimation
      $2,485,000
      6,194 SF

      9445 Ironwood Sq Dr Ste, Unit 100

      MEDICAL BUILDING • 6,194 SF
      9445 Ironwood Sq Dr Ste, Scottsdale, AZ 85258-4574
      View Details
    • Value Estimation
      $745,000
      5,736 SF

      9465 Ironwood Sq Dr Ste, Unit 101

      MEDICAL BUILDING • 5,736 SF
      9465 Ironwood Sq Dr Ste, Scottsdale, AZ 85258-4579
      View Details
    • Value Estimation
      $2,215,000
      6,150 SF

      9475 Ironwood Sq Dr Ste, Unit 101

      MEDICAL BUILDING • 6,150 SF
      9475 Ironwood Sq Dr Ste, Scottsdale, AZ 85258-4576
      View Details
    • Value Estimation
      $835,000
      5,779 SF

      9458 Ironwood Sq Dr Ste, Unit 102

      MEDICAL BUILDING • 5,779 SF
      9458 Ironwood Sq Dr Ste, Scottsdale, AZ 85258-4571
      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
    • $2,950,000
      7,784 SF

      Ironwood Courtyard - Unit 120/125

      Ironwood Courtyard - Unit 120/125 For Sale
      9590 E Ironwood Square Dr. #120/125, Scottsdale, AZ 85258
      View Details
    • $2,950,000
      7,784 SF

      Scottsdale Leased Investment Opportunity

      Leased to Optum Care with long-term potential in Scottsdale.
      9590 E Ironwood Square Dr, Scottsdale, AZ 85258
      View Details
    • $22,600,000
      73,060 SF

      Class A Scottsdale Office Building

      Two-story, single-tenant office building in central Scottsdale.
      9145 E Pima Center Pkwy, Scottsdale, AZ 85258
      View Details
    • $967,180
      2,614 SF

      Well-Maintained Office Suite For Sale

      Immaculate office suite with great window line and covered parking.
      9777 N 91St St, Scottsdale, AZ 85258
      View Details
    • $3,195,000
      8,533 SF

      Freestanding Office Building For Sale

      Freestanding office building with convenient freeway access and abundant parking.
      21090 N Pima Rd, Scottsdale, AZ 85258
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,363 SF

      Ironwood Village Medical Suite

      Scottsdale medical office space available.
      9941 95Th St, Scottsdale, AZ 85258
      View Details
    • $25 SF/Yr
      1,497 SF

      Scottsdale Office/Medical Space Available

      Office or medical space for rent in Scottsdale, Arizona.
      8777 Via De Ventura E, Scottsdale, AZ 85258
      View Details
    • Contact for pricing
      100,000 SF

      HonorHealth Medical Campus Space

      Class A Medical Office Suites, Prime Location
      8435 Pima Center Pkwy, Scottsdale, AZ 85258
      View Details
    • $37 SF/Yr
      90,000 SF

      Scottsdale Medical Office Space

      Class A medical office suites available
      8415 Pima Rd, Scottsdale, AZ 85258
      View Details
    • $11 SF/Yr
      6,249 SF

      Scottsdale Office Space Available

      Flexible Offices in Prime Location
      10101 92Nd St, Scottsdale, AZ 85258
      View Details
    • $31 SF/Yr
      75,252 SF

      Scottsdale Medical Office Space

      Prime Scottsdale medical suites available.
      9700 91St St, Scottsdale, AZ 85258
      View Details
    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.
    9450 Ironwood Sq Dr, Unit 135
    Scottsdale, AZ 85258-4570
    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.