Specialty Real Estate
409 North Scottsdale Road Scottsdale, AZ 85257
Details & Description
Price: $9,500,000
    Marcus & Millichap has been chosen to exclusively market for sale the Hotel Bixby Scottsdale, a newly renovated three-story 80-room hotel located 3 miles from Old Town Scottsdale. This asset is ideally located between Old Town Scottsdale/Entertainment District and Tempe/Arizona State University, a large public university known for its athletics programs and research facilities. The hotel benefits from a strong business and leisure market with many demand drivers. Nearby attractions include Casino Arizona, Phoenix Zoo, Salt River Fields, OdySea Aquarium and more. The Scottsdale/Phoenix market is a high-tech manufacturing base, home to operations including Intel, General Dynamics and Honeywell, to name a few. The hotel also benefits from a high employment growth rate in the area.
    Listing Agents
    Josh Tammen

    O: 602-687-6791
    josh.tammen@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    409 North Scottsdale Road

    Scottsdale, AZ 85257

    Listing ID: 192238
    409 North Scottsdale Road Scottsdale, AZ 85257 | for Sale | Photo 1
    Building Size: 43,848 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $216.66
    Land $/SF: $218.09
    Price
    $9,500,000
    Description

    Marcus & Millichap has been chosen to exclusively market for sale the Hotel Bixby Scottsdale, a newly renovated three-story 80-room hotel located 3 miles from Old Town Scottsdale. This asset is ideally located between Old Town Scottsdale/Entertainment District and Tempe/Arizona State University, a large public university known for its athletics programs and research facilities. The hotel benefits from a strong business and leisure market with many demand drivers. Nearby attractions include Casino Arizona, Phoenix Zoo, Salt River Fields, OdySea Aquarium and more. The Scottsdale/Phoenix market is a high-tech manufacturing base, home to operations including Intel, General Dynamics and Honeywell, to name a few. The hotel also benefits from a high employment growth rate in the area.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Scottsdale History of Specialty Real Estate for Sale

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    Scottsdale Area Market Trends

    Listing Demographics for 409 North Scottsdale Road Scottsdale, AZ 85257

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population19,013118,057303,565
    Population Median Age363435
    Population by Age0-9 Yrs1313 (6%)8475 (7%)30081 (9%)
    10-19 Yrs1736 (9%)15379 (13%)36544 (12%)
    20-29 Yrs5821 (30%)38629 (32%)81602 (26%)
    30-39 Yrs3749 (19%)18296 (15%)45866 (15%)
    40-49 Yrs1699 (8%)10759 (9%)32254 (10%)
    50-59 Yrs1984 (10%)10707 (9%)31051 (10%)
    60-69 Yrs1376 (7%)8053 (6%)23358 (7%)
    70+ Yrs1336 (7%)7759 (6%)22808 (7%)
    Median HH Income$57,662$47,761$49,743
    Total Household Income< 24K1666 (22%)13292 (27%)30608 (24%)
    25-49K1435 (19%)11629 (24%)30913 (25%)
    50-74K1347 (18%)8316 (17%)22089 (18%)
    75-99K859 (11%)5177 (10%)13456 (10%)
    100-199K1708 (23%)7925 (16%)19548 (15%)
    200K+261 (3%)1748 (3%)5915 (4%)
    Highest Education LevelNo Diploma1671714722121
    Diploma or GED25491247236182
    Some College34651820547726
    Assoc. Degree854533914136
    Bachelors Degree30471846447195
    Higher Degree15491044226254
    Total Housing Units8,04755,235140,016
    --Owner-Occupied2,76316,47148,672
    --Renter-Occupied4,51331,61673,856
    Owner-Occupied Values< 100K26527047036
    100-199K754344611248
    200-299K1228484312645
    300-399K39532628286
    400-499K7812103482
    500K+4310065974
    Total Working Age Population16,789105,425257,578
    In Work Force12,34872,188178,630
    Not In Work Force4,44033,23878,947
    Workforce Employed11,73968,120168,948
    Workforce Unemployed6063,9339,319
    Civlian Workforce12,34672,052178,267
    Military Workforce3135364
    Total Households7,27648,086122,528
    Family Households2,91217,73655,330
    Non-Family Households4,36430,35067,198
    Married Couple1,61210,71534,118
    Other Family1,2997,02121,212
    Married w/Child5513,57913,106
    Single Male w/Child1347272,726
    Single Female w/Child2491,8526,662

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arizona5,130,632+256,392,017+147,286,100+148,284,900
    Maricopa County3,072,149+243,817,117+164,436,900+155,107,700

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 409 North Scottsdale Road in Scottsdale?
    The asking price for 409 North Scottsdale Road is $9,500,000
    What is the building size of this Specialty property in Scottsdale, AZ?
    The size of the building/unit at 409 North Scottsdale Road in Scottsdale is 43,848 square feet
    How much land does the Scottsdale, AZ property at 409 North Scottsdale Road include?
    409 North Scottsdale Road in Scottsdale includes 1.000 acres of land
    What kind of Specialty is the propery at 409 North Scottsdale Road?
    The property at 409 North Scottsdale Road Scottsdale, AZ 85257 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 409 North Scottsdale Road in Scottsdale?
    The population within 1 mile of 409 North Scottsdale Road Scottsdale, AZ 85257 is 19,013 people.
    Who do I contact for questions about 409 North Scottsdale Road?
    You should contact the listing agent, Josh Tammen, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Phoenix Sky Harbor International Airport (PHX) 5
    Tucson International Airport / Morris Air National Guard Base (TUS) 109
    McCarran International Airport (LAS) 258
    Price
    $9,500,000
    Listing Agent
    More listings from Josh Tammen
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