Financial
Distress signals
Property profile

8840 Kyrene Rd Tempe, AZ 85284

OFF-MARKET
Strip malls
Property ID
US07-0877406
27,070 SF 5.75 ac lot Built 1989
Last sale Jun 2022 · $11,500,000
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

Commercial land configured with multiple spaces suitable for retail use, with proximity to Interstate 10 and Loop 202. The property includes building signage availability and provides a pad site measuring approximately 9,975 square feet.

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?
$92k
Tax billed · 2023
Assessed value · 2024$1.24M
Effective rate7.42%

Value estimate

· Sep 2026
$10.53M
$9.47M – $11.58M

Realmo valuation models over county records.

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

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant27.9
Hair Salon25.0
Dental Office22.3

Location

8840 Kyrene Rd Tempe, AZ 85284
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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 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
7707 Kyrene, Tempe, AZ 85284-1496 $11,250,000 Jul 2022 15,588 SF
325 Elliot, Tempe, AZ 85284-1373 $11,250,000 Jul 2022 12,494 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
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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