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Financial
Distress signals
Property profile

1831 E Apache Blvd Tempe, AZ 85281

FOR LEASE
Other specialty properties
Property ID
US07-2550844
10,314 SF 13.27 ac lot Built 2017
Last sale Oct 2021 · $160,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

Street-front ground-floor retail space is located within Tempo, a luxury mixed-use development comprising 423 apartment units. The retail area totals 2,868 square feet and is designed to be divisible. The space includes back door access through three separate doors, provides commercial venting and a grease trap, and is configured as a build-to-suit restaurant location. Outdoor patio space is available adjacent to the full retail frontage, and the property is served by 25 dedicated retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$717k
Tax billed · 2023
Assessed value · 2024$16.11M
Effective rate4.45%

Value estimate

· Oct 2026
$169.16M
$152.24M – $186.07M
Submarket $/SF estimate$205.29M
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$4k
Operating expenses−$15k
NOI · 174,825.00% cap applied$35k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$11,065/SF
County average, outlier-cleaned · 133 recorded sales of this use type
Observed band · Q1–Q3$437 – $20,167

Cap rate analysis

How does the asset earn?
174,825.00%
$35k 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?
MU-4
MU-4 district require the integration of commercial and residential uses to support pedestrian circulation and transit as alternates to d...
General categoryMIXED_USE
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 Office27.6
Pharmacy19.3
Garden Center14.9

Location

1831 E Apache Blvd Tempe, AZ 85281
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1116 Mcclintock, Tempe, AZ 85281-4506 $610,000 Aug 2022 2,256 SF
1811 Apache, Tempe, AZ 85281-6088 $134,000,000 Jul 2022 4,521 SF
1207 8th, Tempe, AZ 85281-7343 $7,550,000 Jul 2021 947 SF
625 1st, Tempe, AZ 85281-8201 $46,000,000 May 2019 742 SF
1133 5th, Tempe, AZ 85281-2554 $7,500,000 Nov 2018 529 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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