7631 Indian School RdScottsdale, AZ 85251

Property Details for 7631 Indian School Rd

Year built

1978

Construction

CONCRETE

Lot size

0.88 AC

Property size (Sq ft)

13,766 SF

Zone code

C-1

Property type

Office buildings

APN

130-26-001K

APU

13026001K

Description

This exceptional mixed-use property, encompassing 22,414 square feet, presents a unique investment opportunity in the heart of Old Town Scottsdale's vibrant entertainment district. Situated on a 2.41-acre lot at 7631-7633 E Indian School Rd, this two-building, two-story complex boasts 290 feet of frontage on a highly trafficked road (over 42,400 vehicles daily). Built in 1974, the property is currently 100% occupied with a single tenant and zoned C-1, offering flexibility for owner-users or redevelopment. Its prime location offers easy access to Downtown Scottsdale's amenities and the Loop 101 Freeway. The rectangular site provides excellent visibility and functionality. Surrounding demographics are above average, with household incomes exceeding $100,240 within a 3-mile radius. This rare opportunity is ideal for investors seeking a high-traffic location with significant redevelopment potential in a thriving market with limited developable land. The property includes two buildings and features a total of 22,414 square feet of space. Parcel numbers are 130-26-001K and 130-26-001L. This is a for-sale-by-owner opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,363,986

  6.5%

  $4,028,295

  7%

  $3,740,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,105,334

  Geo Method

  $3,105,334

• Alternative Use

  Use

  Valuation

  Residential

  $4,995,086

  Hospitality

  $4,575,472

  Educational

  $3,806,739

  Medical

  $3,937,659

  Retail

  $5,921,594

Location Insight

City

Scottsdale

County

Maricopa

State

Arizona

Latitude

33.4944

Longitude

-111.916

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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