Property profile

124 W Orion St Tempe, AZ 85283

FOR LEASE
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Property ID
US07-1319560
19,632 SF 1.11 ac Built 1986
Last sale Sep 2025·$26,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value · 2024$393k
Effective rate4.48%

Value estimate

· Nov 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?
$529/SF
Submarket average, outlier-cleaned · 144 recorded sales of this use type
Observed band · Q1–Q3$140 – $1,058
Qualifying comparables8

Cap rate analysis

How does the asset earn?
$32k 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?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
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
Restaurant39.9
Realty agency34.2
Law Firm30.5

Location

124 W Orion St Tempe, AZ 85283
County assessor Recorded deeds · 6 transfers 8 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
125 Gemini, Tempe, AZ 85283-5604 $26,700,000 Jun 2025 20,148 SF
6100 Maple, Tempe, AZ 85283-2872 $26,700,000 Jun 2025 28,020 SF
404 Guadalupe, Tempe, AZ 85283-3598 $7,450,000 Feb 2025 17,796 SF
2737 Baseline Rd, Tempe, AZ 85283-1051 $114,200 May 2024 19,532 SF
6900 56th, Tempe, AZ 85283 $11,408,000 Oct 2021 21,825 SF
7425 Harl, Tempe, AZ 85283-4378 $4,793,000 Oct 2021 27,344 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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