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    3233 48Th St Tempe, AZ 85282

    Sponsored
    For Lease
    Contact for pricing

    Large Tempe retail land, 17,163 sq ft.

    Lot size:
    1,428 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Tempe, Arizona commercial property presents a unique investment opportunity. Located at 3233 S 48th St, in the heart of Maricopa County, this expansive 17,163 square foot lot offers significant potential for retail development. The property is zoned for commercial use and boasts a total land area of 17,163 square feet, providing ample space for a variety of retail ventures. Currently, there is one existing retail building on the site, totaling 1,428 square feet, with a single suite. However, the significant vacant land presents a prime opportunity for expansion or new construction. The property's location in Tempe, AZ, 85282, offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. This multi-tenant property is currently available for lease, presenting a rare chance to acquire a substantial parcel of land in a thriving commercial area. The property's size and location make it suitable for a wide range of retail concepts, from small boutiques to larger-scale retail establishments. This is a remarkable opportunity to establish a strong presence in a dynamic and growing market. Contact us today to learn more about this exciting investment prospect.

    Property Features for 3233 48Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,428 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    17,163 SF

    HighLights

    • 17,163 SF pad site available for lease or sale.
    • 1,428 SF building available for reuse or redevelopment.
    • Pad site totals 17,163 square feet.
    • Existing 1,428 SF building on site.
    • High‑traffic location with 75,000 cars per day at the intersection.
    • Excellent location near Cotton Center, Tempe Diablo Stadium, and Arizona Mills Mall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9779129
    Latitude
    33.3935697

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    FAQs

    What type of property is this?
    Land - Large Tempe retail land, 17,163 sq ft.
    Where is this land located?
    The property is located at 3233 48Th St Tempe, AZ.
    What are key features of this property?
    This property features: 17,163 SF pad site available for lease or sale.; 1,428 SF building available for reuse or redevelopment.; Pad site totals 17,163 square feet.
    Request Owner's contact information
    3233 48Th St Tempe, AZ 85282
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    Tempe, AZ 85282
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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
    3233 48Th St Tempe, AZ 85282
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