Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    825 48Th St Tempe, AZ 85281

    Sponsored
    For Sale
    Contact for pricing

    Prime Tempe location, vacant restaurant, high visibility

    Property size:
    9,276 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,276-square-foot vacant restaurant building presents a unique investment opportunity in Tempe, Arizona. Previously occupied by Denny's, the property boasts a highly visible location at the southeast corner of the SR-143 and University Drive interchange, benefiting from over 60,000 vehicles passing daily. Situated on a 1.7-acre lot (APN 124-56-050A), this property is zoned GID (General Industrial), offering flexibility for a variety of uses, including retail and industrial. Its strategic location within the Phoenix Metro freeway system provides unparalleled access to major transportation arteries, including I-10 (less than one mile south), SR-60 (two miles south), and Loop 202 (one mile north). The property's proximity to Sky Harbor International Airport, Downtown Tempe, and Arizona State University's campus (all within two miles) and Downtown Phoenix (within five miles) further enhances its appeal. The high demand in this dense submarket, with approximately 340,000 daytime employees within a five-mile radius, makes this a compelling opportunity for lease, ground lease, or build-to-suit development. This property offers significant potential for investors seeking a high-visibility location in a thriving area.

    Property Features for 825 48Th St

    General Information

    Property type
    Restaurants
    Square Feet
    9,276 SF
    Lot Size
    74,052 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Sas Restaurant Ventures, ... Restaurant The Burger Den Delivery Restaurant The Meltdown Delivery Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Nail Salon Wholesale Shop 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
    -111.97656409857
    Latitude
    33.421168911528

    Nearby Similar for Sale

    • New
      $2,595,000

      Remodeled Multi-Unit Property Near ASU

      Four remodeled patio homes in Tempe's historic district near ASU.
      117 W 10Th St, Tempe, AZ 85281
      View Details
    • $949,995

      Tempe Triplex Near ASU

      Well-maintained triplex near ASU with strong in-place cash flow.
      1234 S Farmer Ave, Tempe, AZ 85281
      View Details
    • $1,450,000

      Historic Craftsman Bungalow with Apartments

      Iconic 1918 Craftsman with main house and guest apartments.
      948 S Ash Ave, Tempe, AZ 85281
      View Details
    • $1,148,000

      Tempe Multifamily Property Near ASU

      Three detached units near ASU campus and downtown Tempe.
      1224 S Maple Ave, Tempe, AZ 85281
      View Details
    • $2,500,000

      Renovated Multifamily Property Near ASU

      Fully renovated 12-unit property near ASU and Mill Avenue.
      626 S Wilson St, Tempe, AZ 85281
      View Details
    • New
      $699,500

      Tempe Multifamily with Guest House

      Multifamily property with a permitted guest house near ASU.
      538 W 13Th St, Tempe, AZ 85281
      View Details
    • $2,600,000
      9,558 SF

      Tempe Freestanding Industrial Building

      9,558 SF industrial building in a dynamic Tempe location.
      413 W Gemini Dr, Tempe, AZ 85283
      View Details
    • Contact for pricing
      20,351 SF

      Tempe Retail Redevelopment Opportunity

      Highly visible site suitable for redevelopment or repurposing in Tempe.
      1204 E Baseline Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      21,383 SF

      Tempe Flex/Industrial Building For Sale

      21,383 SF flex/industrial building on 1.78 acres in Tempe.
      1615 S 52Nd St, Tempe, AZ 85281
      View Details
    • $22,750,000
      91,066 SF

      LA Fitness Anchored Shopping Center

      Dominant shopping center anchored by LA Fitness in Tempe, AZ.
      121 E Southern Ave, Tempe, AZ 85282
      View Details
    • $7,450,000
      9,614 SF

      Historic Mill Avenue Investment Property

      Fully occupied, historic building in Tempe's Mill Avenue District.
      401 S Mill Ave, Tempe, AZ 85281
      View Details
    • $3,684,000
      2,490 SF

      New Wendy's Net Lease Opportunity

      New 2025 build-to-suit Wendy’s in Tempe, Arizona for sale.
      109 South Perry Ln, Tempe, AZ 85288
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Tempe location, vacant restaurant, high visibility
    Where is this restaurant located?
    The property is located at 825 48Th St Tempe, AZ.
    Request Owner's contact information
    825 48Th St Tempe, AZ 85281
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    825 48Th St
    Tempe, AZ 85281
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    825 48Th St Tempe, AZ 85281
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.