Property profile

4325 48th St Tempe, AZ 85282

OFF-MARKET
Strip malls
Property ID
US07-2932484
9,656 SF 0.91 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Vineyard Plaza, located at 4325 S 48th St in Tempe, Arizona (zip code 85282), offers a single-tenant traditional office space totaling 9,656 square feet. Built in 1988, this property is zoned CSS and has a Maricopa County APN of 123-27-354. The building provides 49 total parking spaces, offering a generous parking ratio of 4.15 spaces per 1,000 square feet. The property is ideally situated near the I-10 freeway, providing excellent accessibility. Its location within the vibrant Tempe market offers proximity to numerous restaurants, entertainment options, and residential areas, creating a highly convenient environment for businesses. The current lease rate is $17 per square foot, modified gross. The property is suitable for a variety of uses, including but not limited to nail salons, tax/accounting services, massage therapy businesses, and food and beverage establishments. This turnkey space presents a compelling opportunity for businesses seeking a well-located and functional office in Tempe. The property's convenient location and competitive lease rate make it an attractive option for a range of tenants.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction CONCRETE
Total area 9,656 SF
Lot 0.91 ac (39,857 SF)
Zoning code CSS
APN 123-27-354
UPID US07-2932484

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Church
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

4325 48th St Tempe, AZ 85282-6147
Tempe metro Census 319708 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k

Owner & transaction history

since 2025
Last sale
$1.9M
7 recorded transactions
2025
Price N/A
2025
$1.9M
2024
Price N/A
2019
$950,000
2010
Price N/A
2009
$1.0M
2009
Price N/A

Zoning & alternative use

CSS · Tempe, AZ
Zoning description

balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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