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    1221 E Apache Blvd Tempe, AZ 85281

    For Lease
    Contact for pricing

    Retail space in luxury development near Arizona State University.

    Property size:
    3,000 SF
    Lot size:
    6.70 Acres

    Property Features for 1221 E Apache Blvd

    General Information

    Size
    3,000 SF
    Lot size
    6.70 Acres

    Source: LRA Real Estate Group LLC Agent Don Mortensen

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

    Overview

    Retail Space Near ASU

    This retail space is located within a luxury development and benefits from high foot traffic due to its proximity to Arizona State University. The property is situated on the ground floor of a 399-unit apartment complex, offering frontage on Apache Boulevard. It is adjacent to a light rail station, providing convenient access for commuters and residents. Ample parking is available. The space offers a build-to-suit option. The property has a size of 3000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Nexa Apartments Apartment Complex Kuka Sushi & Izakaya Sushi Restaurant Guille Sanchez Carpet ... Carpet Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.920286
    Latitude
    33.414722

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    FAQs

    What type of property is this?
    Retail space - Retail space in luxury development near Arizona State University.
    Where is this retail space located?
    The property is located at 1221 E Apache Blvd Tempe, AZ.
    What are key features of this property?
    This property features: - Prime retail location within walking distance to Arizona State University; - Adjacent to light rail station for easy access; - High foot traffic ensures excellent visibility
    (480) 526-5644
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    1221 E Apache Blvd 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
    1221 E Apache Blvd Tempe, AZ 85281
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