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    2415 Rural Rd Tempe, AZ 85282

    For Sale
    $1,100,000

    Free-standing office building, high income potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional free-standing office building, located at 2415 S Rural Road, Unit 1 & 2, Tempe, AZ, presents a compelling investment opportunity. Priced at $1,100,000, the property boasts approximately 2,800 square feet of building space situated on a 0.37-acre lot (approximately 15,734 square feet). The building features prominent frontage and monument signage on Rural Road, ensuring high visibility. The property comprises two income-generating suites. Suite 1, approximately 1,350 square feet, has been renovated and includes a reception area, three private offices, and an open bullpen workspace. Suite 2, approximately 1,450 square feet, offers a reception area, three private offices, an open office area, and valuable basement/storage space. A fully gated parking area provides ample parking, with approximately 7.86 spaces per 1,000 square feet. Recent improvements include a roof recoating in August 2024, complete with a transferable warranty, and the installation of two air conditioning units in 2021 and 2023. Conveniently located approximately 15 minutes from Arizona State University, Downtown Tempe, Interstate 202, and Loop 101, this property benefits from excellent accessibility and proximity to key amenities. Built in 1972, the property is zoned R-O. This is a rare opportunity to acquire a well-maintained, income-producing office building in a prime Tempe location.

    Property Features for 2415 Rural Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lines Ruskin DDS Dentist Dr. Paul A. Lines, ... Dentist Dr. Christopher A. Lines, ... Dentist Lines & Lines Oral Surgeon Oral And Maxilliofacial Surgery Oral Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.926
    Latitude
    33.40226

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    FAQs

    What type of property is this?
    Commercial real estate - Free-standing office building, high income potential.
    Where is this commercial real estate located?
    The property is located at 2415 Rural Rd Tempe, AZ.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (602) 955-3500
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    2415 Rural Rd Tempe, AZ 85282
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    Realmo Value Estimation

    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.

    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.

    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
    2415 Rural Rd Tempe, AZ 85282
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