Financial
Distress signals
Property profile

425 South Mill Ave Tempe, AZ 85281

FOR SALE
Retail space
Property ID
US07-0412655
6,376 SF 0.28 ac lot Built 1979
Last sale Jun 2021 · $16,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space located at 425 S Mill Ave in Tempe, Arizona, featuring a total building area of 11,425 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$86k
Tax billed · 2023
Assessed value · 2024$1.03M
Effective rate8.34%

Value estimate

· Sep 2026
$12.58M
$11.32M – $13.84M

Realmo valuation models over county records and 9 qualifying comparable sales.

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
Qualifying comparables9

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?
CC
The CC district fosters employment and livability in Tempe City Center, generally bounded by the Town Lake to the North, the railroad tra...
General categoryMIXED_USE
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.3
Dental Office15.6
Auto Repair Shop12.8

Location

425 South Mill Ave Tempe, AZ 85281
County assessor Recorded deeds · 12 transfers 9 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
119 University, Tempe, AZ 85281-3639 $1,575,000 May 2025 4,525 SF
712 College, Tempe, AZ 85281-3718 $3,500,000 Apr 2025 7,225 SF
1324 University, Tempe, AZ 85281-3320 $1,359,600 May 2024 4,740 SF
1219 Mcclintock, Tempe, AZ 85281-8521 $1,500,000 Mar 2024 4,032 SF
706 College, Tempe, AZ 85281-3718 $5,500,000 Sep 2021 3,802 SF
580 College, Tempe, AZ 85281-3703 $5,650,000 Sep 2018 3,985 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?”
More about this property
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