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    2105-2231 48Th St Tempe, AZ 85283

    Sponsored
    For Lease
    $1.25 SF/Yr ($1,687 /Mo)

    Versatile Tempe office/flex space available.

    Lot size:
    16,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Tempe, Arizona property, known as Buttes Business Center I & II, offers a unique opportunity for businesses seeking flexible industrial or office space. Located at 2105-2231 S 48th St, Tempe, AZ 85283, this single-story building boasts a total of 16,200 square feet, with 4,780 square feet currently vacant and available for lease. The property is zoned I-1 and situated on 48th Street and Broadway Road in the Tempe Southwest Industrial submarket of Maricopa County. Units range from a minimum of 1,920 square feet to a maximum contiguous space of 2,860 square feet, making it suitable for a variety of business needs. Built in 1966, the building features a 14-foot ceiling height, providing ample vertical space. The property offers 120V/208A/3-phase power. This multi-tenant building is ideal for businesses requiring executive office space, manufacturing space, or flexible space to accommodate diverse operational needs. The property's convenient location and versatile layout make it an attractive option for companies seeking a strategic presence in the thriving Tempe market. Contact us today to learn more about leasing opportunities.

    Property Features for 2105-2231 48Th St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,200 SF
    Total Rate
    1687.5

    Building Details

    Year Built
    1966
    Stories
    1

    Unit(s) available at that property

    Space
    2227 S 48th St, Ste 227A
    Size
    2,860 SF
    Rate per SF
    $15
    Space
    Suite 102
    Size
    1,920 SF
    Rate per SF
    $1.25

    HighLights

    • Excellent I‑10 & I‑143 freeway access (1/8 mile).
    • Minutes from Sky Harbor Airport.
    • Attractive tilt‑up building construction.
    • Grade‑level loading docks.
    • Ample on‑site parking.
    • Professionally landscaped grounds.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buttes Business Center Business Center

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop 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
    -111.97816735
    Latitude
    33.40656503

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    FAQs

    What type of property is this?
    Flex space - Versatile Tempe office/flex space available.
    Where is this flex space located?
    The property is located at 2105-2231 48Th St Tempe, AZ.
    What is the lease rate?
    The lease rate is $1.25-$15 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-10 & I-143 freeway access (1/8 mile).; Minutes from Sky Harbor Airport.; Attractive tilt-up building construction.
    Request Owner's contact information
    2105-2231 48Th St 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
    2105-2231 48Th St Tempe, AZ 85283
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