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    5 Broadway Rd Tempe, AZ 85282

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    For Sale
    Contact for pricing

    Prime Tempe location, 22,400 sq ft commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 22,400 square foot commercial land parcel is ideally situated at 5 E Broadway Rd in Tempe, Arizona, within Maricopa County. Zoned PAD (Planned Area Development) by the City of Tempe, this property presents a unique opportunity for developers and investors seeking a prime location for various commercial ventures. The expansive lot size offers significant flexibility for a wide range of projects, allowing for substantial buildable area. Its strategic location on Broadway Road ensures high visibility and accessibility, benefiting from significant traffic flow and proximity to established businesses and amenities. The property's address is 5 E Broadway Rd, Tempe, AZ 85282, with GPS coordinates of 33.4069688 latitude and -111.9391144 longitude. This is a rare chance to acquire a sizable commercial lot in a thriving Tempe location, offering excellent potential for future development and substantial return on investment. The property is being offered for sale and is ready for immediate development consideration. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The permitted zoning, PAD, allows for a variety of commercial uses, subject to city approvals.

    Property Features for 5 Broadway Rd

    General Information

    Property type
    Land

    HighLights

    • 22,400 square foot commercial land parcel in Tempe, Arizona.
    • Located at 5 E Broadway Rd, Tempe, AZ 85282 (33.4069688, -111.9391144).
    • Zoned PAD (Planned Area Development), allowing for various commercial uses (subject to city approvals).
    • High visibility and accessibility due to its location on Broadway Road.
    • Ready for immediate development.
    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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9391144
    Latitude
    33.4069688

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    FAQs

    What type of property is this?
    Land - Prime Tempe location, 22,400 sq ft commercial lot.
    Where is this land located?
    The property is located at 5 Broadway Rd Tempe, AZ.
    What are key features of this property?
    This property features: 22,400 square foot commercial land parcel in Tempe, Arizona.; Located at 5 E Broadway Rd, Tempe, AZ 85282 (33.4069688, -111.9391144).; Zoned PAD (Planned Area Development), allowing for various commercial uses (subject to city approvals).
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    5 Broadway Rd 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
    5 Broadway Rd Tempe, AZ 85282
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