Property profile

148 Orion St Tempe, AZ 85283

OFF-MARKET
Warehouses
193,868 SF Built 1985
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Property summary

AI-generated overview

This Tempe East Industrial submarket property, located at 148 W Orion St, Tempe, AZ 85283 (cross streets Guadalupe & Ash), offers a significant opportunity. The 193,868 square foot building, constructed in 1985, is zoned I-2 and features multiple tenants. Currently, there is 2,887 square feet of vacant space available for lease. The building's versatile design caters to manufacturing, warehouse, and distribution needs. Ceiling heights range from approximately 10 to 16 feet, providing ample vertical space for various operations. The property is situated in Maricopa County, within the Tempe East Industrial submarket, offering convenient access to major transportation routes. This multi-tenant industrial building presents a compelling investment opportunity for businesses seeking a well-established location in a thriving area. The available space provides a chance to establish or expand operations within a larger, well-maintained complex. Interested parties should inquire about lease terms and availability. The property's location and features make it an ideal choice for a variety of industrial uses.

Property profile

Verified
Property type Warehouses
Year built 1985
Total area 193,868 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization
  • Logistics Company Freight Service
  • (Bike/Boat/Book/etc) Store
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Crisis Center Medical Clinic

Location

148 Orion St Tempe, AZ 85283
Tempe metro
Google Maps

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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