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Property profile & analytics
OFF-MARKET
Estimated value
$8,590,000
Distribution centers
910 Hohokam Dr, Tempe, AZ 85281-5125
Entity Owned
32-yr Hold
Free & Clear
Property ID
US07-1330364
Property summary
AI-generated overview
This Tempe, Arizona industrial property, located at 910 S Hohokam, offers 61,880 square feet of versatile manufacturing, warehouse, and distribution space. Currently, there are multiple tenancies available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 3,600 square feet. A total of 5,600 square feet is currently vacant and ready for immediate occupancy. The building was constructed in 1974 and features ceiling heights ranging from 14 to 16 feet, providing ample vertical space for various operational needs. Power is readily available, with 3-phase service ranging from 100 to 400 amps. This property is situated in the Tempe Northwest Industrial submarket of Maricopa County, Arizona, offering convenient access to major transportation routes and logistical hubs. The property's zoning allows for a variety of industrial uses, making it an ideal location for businesses seeking flexible and adaptable space. The address is 910 S Hohokam, Tempe, AZ 85281. This is a fantastic opportunity for businesses seeking a well-located and functional industrial space in a thriving Arizona market. Contact us today to learn more about leasing options and to schedule a viewing.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1974
Construction
CONCRETE
Total area
33,190 SF
Lot
3.67 ac (160,043 SF)
Zoning code
GID
APN
124-56-026A
UPID
US07-1330364
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Cable Company Industrial Manufacturer Production Facility
-
Keller Auto Repairs Auto Repair Shop
-
Heritage Crown and Millworks Industrial Manufacturer
-
Paramount DJ Services, LLC Nightclub Music Venue
-
Ben Franklin Press Inc. (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.59M
Blend (final)
Blend
$8.59M
Owner & transaction history
Kralco,i LLC · 32 yrs held
Kralco,i LLC
since 1994
2 recorded transactions
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.9M
+40.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,380,000
Current use
OFFICE BUILDING
$8,940,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$8.59M
Range $7.73M – $9.45M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$259 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$54,015
Tax year 2023
Assessed value
$1,156,254
Assessed 2024
Previous assessed
$873,443
+32.4% YoY
Effective rate
4.67%
On assessed value
Land market value
$1,038,700
Improvement market value
$5,968,900
Total market value
$7,007,600
Applied tax rate
31,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1974
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
33,190 SF
Lot
3.67 ac (160,043 SF)
Zoning code
GID
APN
124-56-026A
UPID
US07-1330364
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.4M
OFFICE BUILDING
Est. value
$8.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
3.67 ac
Current owner
From public records · entity-resolved
Kralco,i LLC
Entity
Free & Clear · 32 yrs held
Mailing address
8711 E PINNACLE PEAK RD #214, SCOTTSDALE, AZ 85255-3517
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2025
—
Kralco I LLC
—
Deed
related
$1,000,000 · Firstbank
Jan 19, 1994
—
Kralco,i LLC
Shalimar Med Ctr
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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