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    8425 S Emerald Dr Tempe, AZ 85284

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    For Sale
    $1,650,000

    5,546 SF retail building with attractive patio and landscaping.

    Property size:
    5,546 SF
    Lot size:
    0.32 Acres

    Property Features for 8425 S Emerald Dr

    General Information

    Size
    5,546 SF
    Lot size
    0.32 Acres

    Source: Lee & Associates | Phoenix Agent Rick Robertson

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

    Overview

    Retail Building Near IKEA

    This is a 5,546 square foot concrete tilt building constructed in 2007. The building is fully air-conditioned and includes two restrooms. There are 18 parking spaces available. The property features attractive landscaping and an outside patio. It is located across the street from IKEA. The current tenant is scheduled to vacate the premises in the 4th quarter of 2025. The 2024 property taxes are $9,325.00. The Emerald Design Center CAM is estimated at $9,925 per year.
    Location Intelligence

    Current Use by Public Records

    The TV Outlet Electronics Store Adair Homes - East ... Home Builder Salt Creek Office ... Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Ahwatukee Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.962139
    Latitude
    33.403767

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    FAQs

    What type of property is this?
    Storefront property - 5,546 SF retail building with attractive patio and landscaping.
    Where is this storefront property located?
    The property is located at 8425 S Emerald Dr Tempe, AZ.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - ±5,546 SF Concrete Tilt Building; - Full Air-Conditioned; - Attractive Outside Patio
    (602) 956-7777
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    8425 S Emerald Dr Tempe, AZ 85284
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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
    8425 S Emerald Dr Tempe, AZ 85284
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