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    8240 River Pkwy Tempe, AZ 85284

    Sponsored
    For Sale
    Contact for pricing

    135,000 SF Flex/Executive Office

    Property size:
    135,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Tempe, Arizona property, located at 8240 S River Pkwy, 85284, offers a substantial 135,000 square feet of versatile space ideal for a variety of business needs. Classified as both industrial and office space, this property is particularly well-suited for businesses requiring a blend of executive office space and flexible, adaptable industrial areas. The building's location in Maricopa County provides excellent access to major transportation routes, facilitating efficient logistics and convenient commutes for employees. The property's substantial size allows for significant customization and expansion opportunities, catering to businesses with evolving space requirements. This is a rare opportunity to acquire a large-scale property in a thriving Arizona market. The property is currently listed for sale and presents a compelling investment prospect for businesses seeking a strategic location and ample space to accommodate growth. The precise configuration of office and industrial space is flexible and can be tailored to meet the specific needs of the buyer. This prime location in Tempe offers easy access to a robust workforce and a dynamic business environment. Serious inquiries are encouraged to explore the potential of this significant commercial real estate offering. The property is situated at 33.3424589 latitude and -111.8968522 longitude.

    Property Features for 8240 River Pkwy

    General Information

    Property type
    Flex space
    Square Feet
    135,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8968522
    Latitude
    33.3424589

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    FAQs

    What type of property is this?
    Flex space - 135,000 SF Flex/Executive Office
    Where is this flex space located?
    The property is located at 8240 River Pkwy Tempe, AZ.
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    8240 River Pkwy Tempe, AZ 85284
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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
    8240 River Pkwy Tempe, AZ 85284
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