Financial
Distress signals
Property profile

7707 S Kyrene Rd Tempe, AZ 85284

FOR SALE
Strip malls
Property ID
US07-0874511
15,588 SF 2.1 ac lot Built 2006
Last sale Jul 2022 · $11,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space situated on a hard corner, providing opportunities for exterior signage. The building includes approximately 1,193 square feet of retail area. The location is approximately 1.5 miles east of I-10, with reported traffic volumes of about 55,000 vehicles per day and a daytime population of about 137,315 within a 3-mile radius.

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?
$34k
Tax billed · 2023
Assessed value · 2024$618k
Effective rate5.44%

Value estimate

· Sep 2026
$10.30M
$9.27M – $11.33M
Sales comparison$12.28M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 15.35% cap applied$21k

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

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 comparables11

Cap rate analysis

How does the asset earn?
15.35%
$21k 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?
PCC-1
The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neig...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.2
Auto Repair Shop22.2
Law Firm17.4

Location

7707 S Kyrene Rd Tempe, AZ 85284
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
325 Elliot, Tempe, AZ 85284-1373 $11,250,000 Jul 2022 12,494 SF
315 Elliot, Tempe, AZ 85284-1328 $11,250,000 Jul 2022 12,110 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
8475 Emerald, Tempe, AZ 85284-1064 $535,934 Jun 2021 25,824 SF
1230 Elliot, Tempe, AZ 85284-1100 $18,500,000 Dec 2019 13,980 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?”
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