Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7420 Rural Rd Tempe, AZ 85283
    Back to Search
    Property profile & analytics

    7420 Rural Rd, Tempe, AZ 85283

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Srinivasan Jayashree DDS / Dental Office
    • Ike's Love & Sandwiches / Take-out & Catering
    • Leahs Personal Training / Gym & Fitness Center
    • Candy Moon Beauty / Hair Salon / Nail Salon
    • Fiesta Plaza / Business Service Center / Corporate Office

    Property Details for 7420 Rural Rd

    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    Fiesta Plaza offers exceptional retail space in a prime South Tempe location. This multi-tenant property, situated at 7420 S Rural Rd, Tempe, AZ 85283 (NWC Rural Rd & Elliot Rd), features two available spaces ranging from 1,200 to 3,180 square feet. The property benefits from multiple access points along Rural Road and Elliot Road, ensuring high visibility and convenient access for customers. This high-traffic area boasts over 65,000 vehicles per day at the intersection, providing significant exposure for businesses. The strategic location offers easy access to major freeways including the I-10, Loop 101, Loop 202, and US 60, enhancing accessibility for both employees and customers. Fiesta Plaza is nestled within a strong demographic area with excellent daytime employment, creating a robust customer base for retail ventures. The property is located in Maricopa County, Arizona. This is an ideal opportunity for businesses seeking high visibility and convenient access in a thriving retail market. Space sizes are flexible and can be customized to meet specific business needs. Contact us today to learn more about this exceptional retail opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.93
    Latitude
    33.3504

    Comparable in this City

    • Value Estimation
      $7,540,000
      13,600 SF

      7450 Priest Dr

      RETAIL STORES (PERSONAL SERVICES)
      7450 Priest Dr, Tempe, AZ 85283-4359
      View Details
    • Value Estimation
      $895,000
      3,690 SF

      222 Baseline Rd

      RETAIL STORES (PERSONAL SERVICES)
      222 Baseline Rd, Tempe, AZ 85283-1202
      View Details
    • Value Estimation by Request
      2,802 SF

      8400 Avenida Del Yaqui

      RETAIL STORES (PERSONAL SERVICES)
      8400 Avenida Del Yaqui, Guadalupe, AZ 85283-1026
      View Details
    • Value Estimation
      $2,790,000
      4,600 SF

      6356 Price Rd

      RETAIL STORES (PERSONAL SERVICES)
      6356 Price Rd, Tempe, AZ 85283-3352
      View Details
    • Value Estimation by Request
      1,184 SF

      8448 Avenida Del Yaqui

      RETAIL STORES (PERSONAL SERVICES)
      8448 Avenida Del Yaqui, Guadalupe, AZ 85283-1030
      View Details
    • Value Estimation by Request
      384 SF

      6461 Rural Rd

      RETAIL STORES (PERSONAL SERVICES)
      6461 Rural Rd, Tempe, AZ 85283-2907
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space at Guadalupe & McClintock

      Hard corner retail space with excellent visibility in Tempe.
      6350 S Mcclintock Dr, Tempe, AZ 85283
      View Details
    • Contact for pricing

      Retail Space at Fiesta Plaza

      Retail space available in South Tempe with high traffic volume.
      7420 South Rural Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      13,813 SF

      Tempe Retail Space For Sale

      13,813 SqFt retail space with 5.53% CAP rate.
      1424 W Baseline Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing

      Tempe Retail Center For Sale

      Retail opportunity at a busy Tempe intersection near major freeways.
      Sec Mcclintock Dr & Guadalupe Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      4,999 SF

      Tempe Standalone Office Property

      Highly improved office property in Tempe's established business corridor.
      1702 E Mcnair Dr, Tempe, AZ 85283
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,442 SF

      Retail Space with High Visibility

      Available retail space with excellent visibility and ample parking.
      2700 W Baseline Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      1,987 SF

      Retail Space in Tempe Center

      Retail space available in a busy Tempe shopping center.
      1855 E Guadalupe Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      1,872 SF

      Retail Space in Tempe Center

      Retail space available in a busy Tempe shopping center.
      1835 E Guadalupe Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      1,527 SF

      Retail Space in Tempe Center

      Retail space available in a busy Tempe shopping center.
      1849 E Guadalupe Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      1,935 SF

      Retail Space in High-Traffic Area

      Retail space in Tempe, currently operating as a barbershop.
      6481-6485 S Rural Rd, Tempe, AZ 85283
      View Details
    • Contact for pricing
      1,588 SF

      Retail Space Near Trader Joe's

      Retail space available in a Trader Joe's anchored shopping center.
      6404-6454 S Mcclintock Dr, Tempe, AZ 85283
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7420 Rural Rd
    Tempe, AZ 85283
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7420 Rural Rd, Tempe, AZ, 85283
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!