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    148 Orion St Tempe, AZ 85283

    Sponsored
    For Lease
    $15 SF/Yr

    193,868 SF Multi-Tenant Industrial Building

    Lot size:
    193,868 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This Tempe East Industrial submarket property, located at 148 W Orion St, Tempe, AZ 85283 (cross streets Guadalupe & Ash), offers a significant opportunity. The 193,868 square foot building, constructed in 1985, is zoned I-2 and features multiple tenants. Currently, there is 2,887 square feet of vacant space available for lease. The building's versatile design caters to manufacturing, warehouse, and distribution needs. Ceiling heights range from approximately 10 to 16 feet, providing ample vertical space for various operations. The property is situated in Maricopa County, within the Tempe East Industrial submarket, offering convenient access to major transportation routes. This multi-tenant industrial building presents a compelling investment opportunity for businesses seeking a well-established location in a thriving area. The available space provides a chance to establish or expand operations within a larger, well-maintained complex. Interested parties should inquire about lease terms and availability. The property's location and features make it an ideal choice for a variety of industrial uses.

    Property Features for 148 Orion St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    193,868 SF
    Total Rate
    242335

    Building Details

    Year Built
    1985

    Unit(s) available at that property

    Space
    Suite C3/C4
    Size
    2,887 SF
    Rate per SF
    $15

    HighLights

    • I‑2 Zoning.
    • Suites available, 40‑100% built‑out.
    • Clear ceiling heights: 10'-16'.
    • 8'x8' & 10'x10' grade‑level loading doors.
    • Excellent freeway access via US‑60 & I‑10.
    • Close proximity to Sky Harbor International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Etipser LLC Social Services Organization Circle Logistics INC Logistics Service XTech Tactical Sporting Goods Store SPM Labs LLC. Computer Service UNIVERSAL WELLNESS 360 ... Mental Health Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -111.9414159
    Latitude
    33.3655721

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    FAQs

    What type of property is this?
    Distribution property - 193,868 SF Multi-Tenant Industrial Building
    Where is this distribution property located?
    The property is located at 148 Orion St Tempe, AZ.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: I-2 Zoning.; Suites available, 40-100% built-out.; Clear ceiling heights: 10'-16'.
    Request Owner's contact information
    148 Orion St Tempe, AZ 85283
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    Tempe, AZ 85283
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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
    148 Orion St Tempe, AZ 85283
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