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    637 48Th St Tempe, AZ 85281

    Sponsored
    For Lease
    $25 SF/Yr

    Tempe Office/Warehouse Space Available

    Lot size:
    23,261 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional multi-tenant property, Airport Business Center Phase II, offers a prime opportunity for businesses seeking flexible office and/or warehouse space in Tempe, Arizona. Located at 637 S 48th St #104, this two-story building boasts a total of 23,261 square feet, with 4,298 square feet currently available for lease. Built in 1980 and extensively renovated in 2021, the property features a blend of modern amenities and classic functionality. The building's zoning is GID, suitable for a variety of commercial uses. The 7.1-acre lot provides ample space and parking, with a total of 220 spaces available (120 covered and 100 surface), offering a generous 5 spaces per 1,000 square feet. The property is situated in the Tempe Northwest Industrial submarket of Maricopa County, providing easy access to major transportation routes. This versatile space is ideal for businesses requiring both office and warehouse functionality, offering a unique combination of executive office suites and distribution/warehouse space. The available space totals 4,298 square feet and is ready for immediate occupancy. Don't miss this chance to secure your ideal location in this thriving Tempe business center.

    Property Features for 637 48Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,261 SF
    Total Rate
    48460.42

    Building Details

    Year Built/Renovated
    1980/2021
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 104
    Size
    4,298 SF
    Rate per SF
    $25

    HighLights

    • 12/1/24 Availability: Reception area, five private offices, two conference rooms, open bullpen workspace, and break room.
    • High‑traffic location with excellent visibility and ample parking.
    • Modern finishes and efficient floor plan.
    • Move‑in ready condition.
    • Competitive lease rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Reliance Resource Staffing ... Employment Agency Resolute Tax Services, ... Tax Attorney Five Sharp Llc General Contractor Element Power Solar Energy Company True Footage - Phoenix Real Estate Appraiser

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Nail 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
    -111.9768072
    Latitude
    33.4230385

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    FAQs

    What type of property is this?
    Distribution property - Tempe Office/Warehouse Space Available
    Where is this distribution property located?
    The property is located at 637 48Th St Tempe, AZ.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 12/1/24 Availability: Reception area, five private offices, two conference rooms, open bullpen workspace, and break room.; High-traffic location with excellent visibility and ample parking.; Modern finishes and efficient floor plan.
    Request Owner's contact information
    637 48Th St Tempe, AZ 85281
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    Tempe, AZ 85281
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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
    637 48Th St Tempe, AZ 85281
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