Financial
Distress signals
Property profile

1275 Elliot Rd Tempe, AZ 85284

OFF-MARKET
Outlet malls
Property ID
US07-1092880
103,970 SF 7.46 ac lot Built 1990
Last sale Apr 2026 · $21,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space located at the southeast corner of Elliot Road and Priest Drive in Tempe, approximately 0.5 mile east of Interstate 10. It provides approximately 1,300 square feet of retail area and is situated along a heavily traveled intersection with traffic counts reported at more than 53,000 vehicles per day on Elliot Road and Priest Drive. The center around the site includes established retail uses, and the property has undergone renovations under prior ownership. The

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?
$140k
Tax billed · 2023
Assessed value · 2024$1.54M
Effective rate9.10%

Value estimate

· Sep 2026
$23.34M
$21.00M – $25.67M
CAP approach$18.65M
Sales comparison$20.58M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$527/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$129 – $955

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?
PCC-2
The general PCC-2 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborh...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.9
Garden Center13.4
Daycare Center10.8

Location

1275 Elliot Rd Tempe, AZ 85284-1101
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1705 Ruby Dr, Tempe, AZ 85284-1060 $425,000 Jan 2025 29,785 SF
1050 Elliot, Tempe, AZ 85284-1111 $13,000,000 Aug 2024 87,578 SF
1746 Ruby, Tempe, AZ 85284-1037 $875,000 Aug 2023 71,803 SF
8475 Emerald, Tempe, AZ 85284-1064 $535,934 Jun 2021 25,824 SF
7760 Priest, Tempe, AZ 85284-1002 $6,602,500 Aug 2019 43,710 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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