DealDaddy AI / Neighborhoods / Desert Ridge, High Street & Tatum Corridor
Desert Ridge, High Street & Tatum Corridor Real Estate Guide, Price/SqFt & Comps (85050, 85054)
Sub-Market BLUF Summary (85050, 85054)
Desert Ridge (85050 & 85054) sits at the strategic Loop 101 and SR-51 interchange adjacent to the Mayo Clinic Hospital and Arizona State University Innovation Corridor, anchored by Fireside and Aviano community clubhouses.
Median Sale Price
$875,000
Median Price / Sq Ft
$365 / sq ft
Typical Days on Market
35 days
Public School District
Paradise Valley Unified (Pinnacle High School feeder)
Buyer Acquisition Checklist in Desert Ridge, High Street & Tatum Corridor
- Fireside and Aviano clubhouses include resort pools, fitness centers, and community events that drive strong resale retention.
Seller Top-Dollar Listing Tactics in Desert Ridge, High Street & Tatum Corridor
- Market proximity to Mayo Clinic campuses, High Street, and Pinnacle High School.
HOA Profile: Master-planned Aviano, Fireside at Desert Ridge & Wildfire communities
Advisory Desk: Stephen R. Mannenbach, J.D., MBA · Licensed Arizona REALTOR® (ADRE #SA713873000 · HomeSmart LLC) (HomeSmart LLC)
Projected Value-Add Equity Spread & Unlevered Cap Rate
+$171,250 Equity · 4.80% Cap
• All-In Acquisition + Rehab Basis: $1,025,000
• Completed ARV (@ $435/sq ft): $1,196,250
• Estimated Annual Net Operating Income (NOI): $49,248/yr
Direct REALTOR® & Business Advisory Desk · HomeSmart LLC (ADRE #SA713873000)
Request Your Custom ARMLS CMA, Net Sheet or Off-Market Deal List
Prepared by our Licensed Arizona REALTOR® Desk (HomeSmart LLC · ADRE #SA713873000) for DealDaddy AI (Desert Ridge, High Street & Tatum Corridor) clients.