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Property profile & analytics

2640 Medtronic Way Tempe, AZ 85281

  • Warehouses
  • 20,934 SF
  • 1.36 lot acres
Value Estimation
Last Sale
Dec 20, 2024
$4,100,000
Location Intelligence
Property ID
US07-0395505
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Engineering Arts / Engineer
  • Tjm Electronic Associates / Electronics Manufacturer / Manufacturer
  • DarkPulse Inc / Electronics Manufacturer

Property Details for 2640 Medtronic Way

Year built
1980
Construction
CONCRETE
Lot size
1.36 lot acres
Property size
20,934 SF
Zone code
GID
Property type
Warehouses
APN
124-56-039A
APU
12456039A

Description

This exceptional 21,000+ square foot industrial flex space in Tempe, Arizona, presents a compelling investment opportunity. Situated on a 1.36-acre lot, the property boasts a prime location less than one mile from the I-10 and 143 freeways, two miles from the 202 freeway and Sky Harbor Airport, and just three miles from Arizona State University. Its convenient access to major transportation arteries ensures seamless logistics and distribution. The building features two 12-foot overhead doors, two 400-amp electrical panels, and a clean room, catering to diverse operational needs. With 53 parking spaces, including nine covered spaces, ample parking is readily available. The current layout is adaptable for single-owner occupancy or multi-tenant use, offering flexibility for various business models. The property benefits from excellent highway visibility and includes an existing monument sign. The building is fully air-conditioned, providing a comfortable and efficient work environment. Potential uses include production, distribution, manufacturing, laboratory, and office space. This property represents a rare opportunity to acquire a well-located, versatile industrial asset in a thriving market.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.977
Latitude
33.4179
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,442
$0.00
$0.00
$425,766
-
$541,600
$2,038,800
$2,580,400
More about this property
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