4245 N Drinkwater Blvd, Scottsdale, AZ 85251

Commercial · Scottsdale · Phoenix metro, AZ

One of 197 reachable commercial buildings in Scottsdale. Larger than 82% of commercial buildings in Scottsdale (median 38,314 SF), derived from assessor records.

County gross building area
114,119 SF, Maricopa County Assessor
Lot size
93,862 SF, Maricopa County Assessor
Year built
1998, Maricopa County Assessor
Stories
2, Maricopa County Assessor
Buildings on parcel
8, Maricopa County Assessor
Predominant use
Hotel 2 To 4 Stories, Maricopa County Assessor
Assessed value
$21,082,633, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$184.74/SF, derived from assessor records
Building area / lot
1.22, derived from assessor records
Vintage
1990s vintage
County use code
HOTEL 2 TO 4 STORIES

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate: $28.5M (estimated market value), with a likely range of $22.8M to $33.9M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $21,082,633 times a 1.35 market ratio, measured from 3891 verified arm's-length sale prices vs county values (commercial sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 6 comparable sales within 3 miles; nearest 0.5 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales used as evidence

Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 6 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.

Market context: Commercial in Scottsdale

median verified sale $503.57/SF over the trailing 24 months; 2 sales in the last 12 months and 7 in 24 (newest verified sale 2024-10).

Computed from 34 verified arm's-length sales in Maricopa County public records (7 in the trailing 24 months). Free public records. Not an appraisal.

Current ownership dates to 2017 (about 9 years) per recorded transfers.

Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$10M$20M$30M$40M20262027$28.5M$21.1MCounty assessed valueMakeMe Estimate range

Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $20,106,276 (2026) to $21,082,633 (2027), up 5% over 1 years, per county tax rolls. The 2027 roll splits $21,082,633 into $7,779,351 land and $13,303,281 improvements.