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    413 W Gemini Dr Tempe, AZ 85283

    For Sale
    $2,600,000

    9,558 SF industrial building in a dynamic Tempe location.

    Property size:
    9,558 SF
    Lot size:
    0.67 Acres

    Property Features for 413 W Gemini Dr

    General Information

    Size
    9,558 SF
    Lot size
    0.67 Acres

    Source: Menlo Group Commercial Real Estate Agent Tom Ellixson

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

    Overview

    Tempe Freestanding Industrial Building

    Located in Tempe, Arizona, this industrial building offers approximately 9,558 square feet of space. Constructed in 1981, the freestanding building is situated on a 0.70-acre lot within the Kyrene Business Park. The property is zoned GID by the City of Tempe, making it suitable for a range of industrial, warehouse, and distribution purposes. The building features an approximate 20%/80% office/warehouse layout, five restrooms, and one shower. The warehouse area is cooled by an evaporative cooling system and has a clear height of 12 to 14 feet. There are two 10-foot wide by 12-foot high roll-up doors. The property includes a fenced outdoor area and 120-208v 2 amp 3-phase power. The location provides convenient access to the I-10 Freeway and is near synergistic industrial businesses and other amenities. Situated just off Kyrene Rd with a traffic count of 21,000 VPD, the location offers prime exposure and accessibility. It is also in close proximity to Arizona State University and Sky Harbor Airport, benefiting from a bustling academic and technology presence.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Armored Self Storage, Mentors Moving & Storage, Telephone Warehouse, Sign Up Installation and Storage, Inc., Holland's Haulers

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9320454
    Latitude
    33.3663665

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    FAQs

    What type of property is this?
    Warehouse - 9,558 SF industrial building in a dynamic Tempe location.
    Where is this warehouse located?
    The property is located at 413 W Gemini Dr Tempe, AZ.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Strategic location in Tempe, AZ, near Arizona State University; - Zoned GID, offering versatile usage; - Approximately 9,558 SF freestanding building on a .70 acre lot
    (480) 469-6008
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    413 W Gemini Dr 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
    413 W Gemini Dr Tempe, AZ 85283
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