Property profile

0 Swc Mcclintock Rd And Apache Blvd Tempe, AZ 85281

OFF-MARKET
Retail properties & Spaces
16,725 SF 1.95 ac lot
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Property summary

AI-generated overview

This exceptional 1.95-acre redevelopment opportunity in Tempe, Arizona, presents a unique chance to build a thriving mixed-use project. Located at the southwest corner of McClintock Road and Apache Boulevard, this property boasts a prominent location in Maricopa County, within the MU-4 PAD TOD zoning. The site offers 16,725 square feet and is currently priced at $657.70 per square foot for a total asking price of $11,000,000. Plans are approved for a five-story structure, with the potential to expand to seven stories. The property's strategic location along the light rail and within an Opportunity Zone adds significant investment appeal. Seller financing may be available, and site plan approval timelines are considered reasonable. This is an ideal investment for developers seeking a high-impact project in a dynamic and rapidly growing area. The property's Class C designation and mixed-use nature (Commercial and Residential, including Multifamily and Retail components) provide flexibility for a variety of development options. The APN is 133-06-001F. This is a rare chance to acquire a significant parcel in a highly desirable Tempe location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 16,725 SF
Lot 1.95 ac (84,942 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Swc Mcclintock Rd And Apache Blvd Tempe, AZ 85281
Tempe metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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