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    1500 W Elna Rae St Tempe, AZ 85281

    For Lease
    $0.75 SF/Yr ($862 /Mo)

    13,794 SF warehouse with office in North Tempe.

    Property size:
    13,794 SF
    Lot size:
    0.73 Acres

    Property Features for 1500 W Elna Rae St

    General Information

    Size
    13,794 SF
    Lot size
    0.73 Acres

    Source: Kidder Mathews | Phoenix Agent Mike Kasulaitis

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

    Overview

    Tempe Warehouse with Office Space

    This property features a total of approximately 13,794 square feet, including about 1,500 square feet of office space. Situated on a lot of approximately 31,516 square feet, the warehouse offers a clear height of approximately 20 feet. It is located within the North Tempe submarket and has GID zoning under the City of Tempe. The property is equipped with 800 amps of 277/480 volts, 3-phase power. Loading is facilitated by grade-level doors. There are 21 parking spaces available. The location provides proximity to Sky Harbor Airport, Arizona State University (ASU), and major freeways. The property is expected to be deliverable 9 months from contract signing.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Hohokam Commerce Center, Roberts Storage Facility, ULockStore

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9620293
    Latitude
    33.4206585

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    FAQs

    What type of property is this?
    Warehouse - 13,794 SF warehouse with office in North Tempe.
    Where is this warehouse located?
    The property is located at 1500 W Elna Rae St Tempe, AZ.
    What is the lease rate?
    The lease rate is $0.75 SF/Yr.
    What are key features of this property?
    This property features: - Proximity to Sky Harbor Airport, ASU, and major freeways; - Substantial \u00b113,794 SF total building size on a \u00b131,516 SF lot; - Equipped with 800 amps, 277/480 volts, 3-phase power
    (602) 513-5200
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    1500 W Elna Rae St Tempe, AZ 85281
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    Tempe, AZ 85281
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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
    1500 W Elna Rae St Tempe, AZ 85281
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