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    1424 W Baseline Rd Tempe, AZ 85283

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    For Sale
    $4,500,000

    High-traffic location near I-10 and Arizona Mills.

    Property size:
    13,813 SF
    Lot size:
    1.46 Acres

    Property Features for 1424 W Baseline Rd

    General Information

    Size
    13,813 SF
    Lot size
    1.46 Acres

    Source: LevRose Commercial Real Estate Agent Mark Cassell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Location Retail Opportunity

    This property benefits from a location with high traffic volume, with over 60,000 vehicles passing through the intersection daily, approximately 42,000 on Baseline Road and 18,000 on Priest Drive. It is situated one block from the I-10, which sees over 157,000 vehicles per day. The property is adjacent to Arizona Mills, a Simon-owned mall. The surrounding area has a dense population, with approximately 19,969 people residing within a one-mile radius and 116,139 within a three-mile radius. The average annual household income in a three-mile radius is $82,000. The property, encompassing 13,813 square feet, includes a drive-through.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy MoneyGram Money Transfer Service Cardtronics ATM Atm Coinhub Bitcoin ATM ... Atm CDReload by Crypto ... Crypto Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9625089
    Latitude
    33.3788068

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    FAQs

    What type of property is this?
    Drive through restaurant - High-traffic location near I-10 and Arizona Mills.
    Where is this drive through restaurant located?
    The property is located at 1424 W Baseline Rd Tempe, AZ.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Drive through included; - High traffic intersection: over 60,000 vehicles per day; - Adjacent to Arizona Mills (Simon owned mall)
    (818) 390-0838
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    1424 W Baseline Rd Tempe, AZ 85283
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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
    1424 W Baseline Rd Tempe, AZ 85283
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