Financial
Distress signals
Property profile

2207 S 48Th St Tempe, AZ 85282

FOR LEASE
Flex space
Property ID
US07-0823105
17,480 SF 7.08 ac lot Built 1974
Last sale Oct 2021 · $33,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$95k
Tax billed · 2023
Assessed value · 2024$1.86M
Effective rate5.11%

Value estimate

· Sep 2026
$25.78M
$23.20M – $28.36M
Sales comparison$16.98M
NOI build-up
Gross scheduled income$224k
Vacancy & credit loss−$13k
Operating expenses−$63k
NOI · 11,339,615.38% cap applied$147k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$593/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$165 – $972
Qualifying comparables11

Cap rate analysis

How does the asset earn?
11,339,615.38%
$147k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.6
Realty agency16.4
Auto Parts Store12.8

Location

2207 S 48Th St Tempe, AZ 85282
County assessor Recorded deeds · 7 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
733 22nd, Tempe, AZ 85282-1905 $5,100,000 Jan 2026 21,000 SF
2001 Alameda, Tempe, AZ 85282-3119 $3,600,000 Dec 2025 15,433 SF
2305 Huntington, Tempe, AZ 85282-3129 $3,645,000 Oct 2024 14,294 SF
1119 Geneva, Tempe, AZ 85282-3430 $4,000,000 Apr 2023 18,532 SF
1333 21st, Tempe, AZ 85282 $2,000,000 Nov 2021 13,200 SF
819 22nd, Tempe, AZ 85282-1926 $7,454,000 Oct 2021 20,624 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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