Realmo Analytics

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Property profile

150 Ash Ave 2 Tempe, AZ 85281

OFF-MARKET
Office buildings
Property ID
US07-2237739
780 SF 0.02 ac lot Built 1910
Last sale Mar 2025 · $2,120,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,080-square-foot freestanding office building presents a unique opportunity in the desirable Tempe submarket. Located at the intersection of Rio Salado Parkway and Ash Avenue, this property boasts a prime location within Old Towne Square, offering unparalleled convenience and accessibility. The building is currently vacant and available for immediate occupancy, presenting a turnkey solution for businesses seeking a move-in ready space. The interior features spacious private…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$35k
Effective rate7.36%

Value estimate

· Oct 2026
$2.99M
$2.69M – $3.29M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$269/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$44 – $691

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC
The CC district fosters employment and livability in Tempe City Center, generally bounded by the Town Lake to the North, the railroad tra...
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 Office15.6
Building Supply14.5
Auto Parts Store12.5

Location

150 Ash Ave, Unit 2 Tempe, AZ 85281-2832
County assessor Recorded deeds · 2 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
505 University, Tempe, AZ 85281-8265 $2,653,300 Mar 2025 1,985 SF
1915 Apache, Tempe, AZ 85281-6075 $9,004,000 Oct 2024 1,740 SF
1011 Mcclintock, Tempe, AZ 85281-4503 $975,000 Mar 2024 2,924 SF
916 52nd, Tempe, AZ 85281-5265 $2,250,000 Jan 2024 6,120 SF
920 1st, Tempe, AZ 85281-2674 $2,459,925 Apr 2022 720 SF
1612 3rd, Tempe, AZ 85281 $6,850,000 Dec 2021 5,478 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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