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    Freestanding Commercial Building Title is generated by Realmo AI

    3345 S RURAL RD, Tempe, AZ 85282

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    Owner-user freestanding building on direct Rural Road frontage with flexible layout for office, medical, or institutional uses.

    Type:Office
    Property size:
    8,730 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $348/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:29 am

    Property Features for 3345 S RURAL RD

    General Information

    Standard status
    Active
    Size
    8,730 SF
    Lot size
    0.67 Acres
    Property subtype
    Office

    Building Details

    Year Built
    1989

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    Listing Contact
    Beth Jo Zeitzer
    Beth Jo Zeitzer

    Listing agent Beth Jo Zeitzer License #AZ BR044331000

    Listing office R.O.I. Properties

    Listing date Jun 3, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of R.O.I. Properties

    HighLights

    • Approximately 0.667‑acre site with direct frontage on S Rural Road and convenient access to Southern Ave, I‑10, Loop 101, and Loop 202
    • 8,730 SF freestanding commercial building built in 1989 on a 29,490 SF lot
    • Flexible building layout suited for educational, office, medical, nonprofit, religious, or institutional occupancy
    • Property offers options for owner‑users seeking a long‑term presence while keeping flexibility for future operational needs or site enhancements

    Overview

    3345 S Rural Rd in Tempe, AZ presents an owner-user freestanding commercial building totaling approximately 8,730 SF on a site of about 0.667 acres (29,490 SF). The property is offered with a flexible building layout and recent renovations, supporting a range of occupancy formats. The improvements and configuration are positioned to accommodate users seeking a long-term presence with options for operational continuity.

    The site features direct frontage along Rural Road, with convenient access to Southern Avenue, Interstate 10, Loop 101, and Loop 202 for day-to-day travel and client servicing across the Phoenix metropolitan area. The surrounding area is described as a vibrant mixed-use environment with established residential neighborhoods, educational institutions, retail amenities, and employment centers, and the property is noted as being in proximity to Arizona State University and the broader Tempe employment base.

    For tenants, buyers, and operators, the combination of freestanding control, renovation history, and adaptable interior layout makes the building suitable for educational, office, medical, nonprofit, religious, or other institutional uses. With substantial land area in place, an owner-operator also has room to plan for site-related enhancements or future operational needs while maintaining a functional, front-facing presence along a major arterial corridor.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $265.0k $30.36
    − Vacancy −$57.0k −$6.53
    EGI $208.1k $23.83
    − OpEx −$52.0k −$5.96
    NOI $156.0k $17.87
    8,730 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.23M
    $1.95M – $2.60M (±1% cap)
    NOI $156,044 @ 7.0% cap · market cap 5.13%
    Second Best
    Healthcare Medical
    $1.88M
    $1.64M – $2.19M (±1% cap)
    NOI $131,526 @ 7.0% cap · market cap 4.33%
    Theoretical Best
    Office A
    $2.75M
    $2.40M – $3.20M (±1% cap)
    NOI $192,168 @ 7.0% cap · market cap 6.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Harrison Middleton University University Viridis Graduate Institute Association Or Organization

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.925867
    Latitude
    33.3913658

    FAQs

    What type of property is this?
    Office building - Owner-user freestanding building on direct Rural Road frontage with flexible layout for office, medical, or institutional uses.
    Where is this office building located?
    The property is located at 3345 S RURAL RD Tempe, AZ.
    What is the asking price?
    The asking price for this property is $3,040,000.
    What are key features of this property?
    This property features: Approximately 0.667‑acre site with direct frontage on S Rural Road and convenient access to Southern Ave, I‑10, Loop 101, and Loop 202; 8,730 SF freestanding commercial building built in 1989 on a 29,490 SF lot; Flexible building layout suited for educational, office, medical, nonprofit, religious, or institutional occupancy
    (602) 319-1326 Call to check price and availability
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