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    940 E Baseline Rd Tempe, AZ 85283

    For Sale
    Contact for pricing

    30,000 SF retail space in a prime location.

    Property size:
    30,000 SF
    Lot size:
    3.41 Acres

    Property Features for 940 E Baseline Rd

    General Information

    Size
    30,000 SF
    Lot size
    3.41 Acres

    Source: Western Retail Advisors, LLC Agent Neil Board

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

    Overview

    Prime Retail Space Available

    A 30,000 square foot retail space is available. The location offers high visibility and foot traffic. The property is in close proximity to major attractions such as Arizona Mills and Tempe Marketplace. The surrounding area includes a mix of retailers, restaurants, and entertainment venues, making it suitable for retail tenants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Big Lots Furniture Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.925684
    Latitude
    33.378319

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    FAQs

    What type of property is this?
    Retail space - 30,000 SF retail space in a prime location.
    Where is this retail space located?
    The property is located at 940 E Baseline Rd Tempe, AZ.
    What are key features of this property?
    This property features: - Prime location with high visibility and foot traffic; - 30,000 SF space available; - Close proximity to Arizona Mills and Tempe Marketplace
    (602) 778-3747
    Request Owner's contact information
    940 E Baseline Rd Tempe, AZ 85283
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    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
    940 E Baseline Rd Tempe, AZ 85283
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