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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9755 90Th St Scottsdale, AZ 85258

    • Medical offices
    • 13,544 SF
    • 1.64 lot acres
    For Lease
    View listing
    $32 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0922844
    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

    • Eric Wiitala DDS / Cosmetic Dentist / Dental Implants Periodontist
    • James Poyak, DDS / Dentist
    • Bloom Wellness Clinics, LLC / Medical Clinic / Wellness Center
    • Rockwood Natural Medicine Clinic / Medical Clinic / Family Practice Physician
    • Farmers Insurance - Nancy Barron / Motorcycle Insurance Agency / Renter'S Insurance Agency

    Property Details for 9755 90Th St

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    1.64 lot acres
    Property size
    13,544 SF
    Zone code
    C-O
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    217-36-343F
    APU
    21736343F

    Description

    This exceptional Scottsdale, Arizona office property, known as Santa Fe Plaza, presents a compelling investment opportunity. Located at 9755 N 90th St, zip code 85258, this fully occupied building boasts a total of 25,241 square feet. The property is classified as both Executive and Medical Office space, catering to a diverse tenant base. Currently, there are no vacant units. The building's prime location in Scottsdale offers excellent access to major transportation routes and amenities, making it highly attractive to businesses and professionals. The multiple tenancy structure provides a stable income stream and diversified risk profile. This is a rare opportunity to acquire a fully leased, high-quality office building in a thriving market. The property's strong occupancy rate and desirable location make it an ideal investment for those seeking a stable and appreciating asset. Detailed financial information and lease agreements are available upon request. This is a turn-key operation with no immediate vacancies to manage. The building is situated at 33.5745586 latitude and -111.8854806 longitude. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,972,000
      Market price range: $1.76M - $7.97M
      AI Estimate
      $7,972,000
      Market price range: $1.76M - $7.97M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $9,710,000
      COMMERCIAL (GENERAL)
      $6,625,000
      RETAIL STORES
      $6,240,000
      AUTO REPAIR, GARAGE
      $5,580,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.885
    Latitude
    33.5746
    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
    $41,688
    $0.00
    $0.00
    $1,272,477
    -
    $3,225,000
    $4,486,982
    $7,711,982

    Comparable in this City

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      MEDICAL BUILDING • 2,341 SF
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    • Value Estimation by Request

      Pima Medical Pavilion II

      Medical/Dental space available
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      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.
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      Ironwood Courtyard - Unit 120/125

      Ironwood Courtyard - Unit 120/125 For Sale
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      Scottsdale Leased Investment Opportunity

      Leased to Optum Care with long-term potential in Scottsdale.
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    • $22,600,000
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      Class A Scottsdale Office Building

      Two-story, single-tenant office building in central Scottsdale.
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      Well-Maintained Office Suite For Sale

      Immaculate office suite with great window line and covered parking.
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      Freestanding Office Building For Sale

      Freestanding office building with convenient freeway access and abundant parking.
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    Similar Nearby for Lease

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      Ironwood Village Medical Suite

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      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
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    • $37 SF/Yr
      90,000 SF

      Scottsdale Medical Office Space

      Class A medical office suites available
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    • Contact for pricing
      100,000 SF

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    • $26 SF/Yr
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      Scottsdale Medical Office Space For Lease

      Class A Medical Office, 11,619 SF Available
      8454 90Th St, Scottsdale, AZ 85258
      View Details
    • $38 SF/Yr
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      Prime Scottsdale Medical Office Space

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      View Details
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    9755 90Th St
    Scottsdale, AZ 85258
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    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
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