Financial
Distress signals
Property profile

1245 Elliot Rd Tempe, AZ 85284

OFF-MARKET
Strip malls
Property ID
US07-1508439
8,500 SF 4.07 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 building totaling 101,864 square feet, located in Tempe, Arizona within a primary retail trade area. It is situated along a major employment corridor and is positioned as a shadow-anchored asset to a Costco. The building is configured for retail use and is described as well maintained.

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?
$73k
Tax billed · 2023
Assessed value · 2024$809k
Effective rate8.99%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$502/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$255 – $824
Qualifying comparables6

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 Facility12.9
Convenience Store10.9
Daycare Center10.8

Location

1245 Elliot Rd Tempe, AZ 85284-1113
County assessor Recorded deeds · 6 transfers 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9845 Priest, Tempe, AZ 85284-3606 $2,500,000 Jul 2023 8,611 SF
780 Elliot, Tempe, AZ 85284-1210 $2,900,000 Dec 2022 7,320 SF
1700 Elliot Rd, Tempe, AZ 85284-1631 $1,900,514 Oct 2022 7,000 SF
720 Elliot, Tempe, AZ 85284-1211 $2,180,604 Jul 2022 10,800 SF
710 Elliot, Tempe, AZ 85284-1209 $5,350,000 Jul 2021 10,400 SF
2010 Elliot Rd, Tempe, AZ 85284-1790 $4,917,300 Sep 2019 9,160 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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