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Financial
Distress signals
Property profile

1720 Priest Dr 2 Tempe, AZ 85281

OFF-MARKET
Motels
Property ID
US07-0878790
6,840 SF 2.08 ac lot Built 1977
Last sale Feb 2008 · $4,332,232
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 131-key motel in Tempe, Arizona presents a compelling investment opportunity. Boasting 98,106 square feet across three stories, this exterior corridor property sits on a 2.25-acre lot and is priced at $13,000,000, representing a $132.51 per square foot cost. Built in 1977, the property (APN: 124-58-078, 124-58-079B) benefits from a highly desirable GID zoning designation. Its prime location offers convenient access to Arizona State University (ASU) and the bustling Mill…

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?
$48k
Tax billed · 2023
Assessed value · 2024$473k
Effective rate10.19%

Value estimate

· Oct 2026
$7.45M
$6.71M – $8.20M
Submarket $/SF estimate$4.97M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$398/SF
County average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$163 – $727

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?
I-1
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.3
Law Firm16.3
Hair Salon10.5

Location

1720 Priest Dr, Unit 2 Tempe, AZ 85281-6205
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

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1020 Apache, Tempe, AZ 85281-5489 $15,000,000 Mar 2024 6,120 SF
1461 Apache, Tempe, AZ 85281-5920 $2,400,000 Mar 2023 3,748 SF
911 48th, Tempe, AZ 85281-5102 $6,700,000 Dec 2021 12,852 SF
2101 Apache, Tempe, AZ 85281-4823 $3,300,000 Sep 2021 12,666 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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