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    Property profile & analytics

    8240 River Pkwy Tempe, AZ 85284

    • Office Properties & Spaces
    • 135,000 SF
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 8240 River Pkwy

    Property size
    135,000 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Industrial properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.897
    Latitude
    33.3425

    Comparable in this City

    • Value Estimation by Request
      135,000 SF

      8240 River Pkwy

      Flex space • 135,000 SF
      8240 River Pkwy, Tempe, AZ 85284
      View Details
    • Value Estimation by Request
      44,728 SF

      1430 Auto Dr

      LIGHT INDUSTRIAL • 44,728 SF
      1430 Auto Dr, Tempe, AZ 85284-1034
      View Details
    • Value Estimation by Request
      31,692 SF

      8240 Kyrene Rd

      LIGHT INDUSTRIAL • 31,692 SF
      8240 Kyrene Rd, Tempe, AZ 85284-2117
      View Details
    • Value Estimation by Request
      27,026 SF

      8905 Beck Ave

      LIGHT INDUSTRIAL • 27,026 SF
      8905 Beck Ave, Tempe, AZ 85284-2829
      View Details
    • Value Estimation by Request
      14,600 SF

      1302 Drivers Way

      LIGHT INDUSTRIAL • 14,600 SF
      1302 Drivers Way, Tempe, AZ 85284-1048
      View Details
    • Value Estimation by Request
      99,148 SF

      685 La Vieve Ln

      LIGHT INDUSTRIAL • 99,148 SF
      685 La Vieve Ln, Tempe, AZ 85284-2913
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      135,000 SF

      Tempe Industrial Office Space For Sale

      135,000 SF Flex/Executive Office
      8240 River Pkwy, Tempe, AZ 85284
      View Details
    • $17,500,000
      104,836 SF

      Tempe Flex Space: Owner/User Opportunity

      High-income, Class A flex space in Tempe, AZ.
      8320 Hardy Dr, Tempe, AZ 85284
      View Details
    • Contact for pricing
      61 SF

      Office/Warehouse Flex Space Available

      Flex space featuring office and warehouse areas.
      1121 W Warner Rd | Tempe, Tempe, AZ 85284
      View Details
    • $14,650,000
      97,686 SF

      Tempe Office Building: Owner/User Opportunity

      97,686 SF Office, ASU Research Park
      8333 River Pkwy, Tempe, AZ 85284
      View Details
    • $3,750,000
      12,000 SF

      Tempe Condo Suite with Showroom

      12,000 SF condo suite featuring office, showroom, and warehouse.
      1705-1725 W Ruby Dr, Tempe, AZ 85284
      View Details
    • Contact for pricing
      61 SF

      Office and Warehouse Space Available

      Office and warehouse space featuring reception, conference room, and offices.
      1241 W Warner Rd | Tempe, Tempe, AZ 85284
      View Details

    Similar Nearby for Lease

    • $1.35 SF/Yr
      20,548 SF

      Versatile Industrial/Office/Showroom Space Available

      Divisible industrial/office/showroom space with high ceilings and ample parking.
      7965 S Priest Dr, Tempe, AZ 85284
      View Details
    • $13 SF/Yr
      7,735 SF

      Tempe Office and Industrial Space

      Office and flexible industrial space with excellent visibility and frontage.
      7810 S Hardy Dr, Tempe, AZ 85284
      View Details
    • $27 SF/Yr
      3,959 SF

      Tempe Flex Office Space Available

      Two-story flex office building with convenient highway access.
      1711 W Greentree Dr, Tempe, AZ 85284
      View Details
    • $13 SF/Yr
      51,049 SF

      Tempe Flex Space For Lease

      22,217 SF flex space ideal for call or operation center.
      1120 W Warner Rd | Tempe, Tempe, AZ 85284
      View Details
    • $17 SF/Yr
      61,997 SF

      Tempe Flex Space: 62,000 SF Available

      Large Tempe industrial flex space for lease. Ideal for diverse businesses.
      8140 Hardy Dr, Tempe, AZ 85284
      View Details
    • $11 SF/Yr
      5,973 SF

      Tempe Flex Space Available

      Flex space featuring private offices, open area, and break room.
      1231 W Warner Rd, Tempe, AZ 85284
      View Details
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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
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