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    704 S College Ave Tempe, AZ 85281

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    For Lease
    Contact for pricing

    Retail space available in a new urban apartment development.

    Property size:
    3,074 SF
    Lot size:
    0.61 Acres

    Property Features for 704 S College Ave

    General Information

    Size
    3,074 SF
    Lot size
    0.61 Acres

    Source: Western Retail Advisors, LLC Agent Kalen Rickard

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

    Overview

    Retail Space in Downtown Tempe

    This retail space is located in a new 380-unit urban apartment development. The site is situated in Downtown Tempe, adjacent to Arizona State University's Tempe Campus. Downtown Tempe attracted 9.6 million visitors in 2024, according to Placer.ai. As of 2024, Tempe has over 186,000 residents and approximately 109,000 employed individuals. The property offers 3,074 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant 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
    -111.9353473
    Latitude
    33.423003

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    FAQs

    What type of property is this?
    Retail space - Retail space available in a new urban apartment development.
    Where is this retail space located?
    The property is located at 704 S College Ave Tempe, AZ.
    What are key features of this property?
    This property features: - New 380-unit urban apartment development.; - Located in **Downtown Tempe**.; - Adjacent to **Arizona State University (Tempe Campus)**.
    (602) 778-3747
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    704 S College Ave 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
    704 S College Ave Tempe, AZ 85281
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