Financial
Distress signals
Property profile

2309 University Dr Tempe, AZ 85288

OFF-MARKET
Grocery and convenience stores
Property ID
US07-3293810
2,497 SF 0.86 ac lot Built 1986
Last sale Mar 2023 · $2,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$11k
Tax billed · 2023
Assessed value · 2024$135k
Effective rate7.83%

Value estimate

· Sep 2026
$2.03M
$1.83M – $2.23M

Realmo valuation models over county records and 15 qualifying comparable sales.

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
Qualifying comparables15

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?
CSS
The CSS district is intended to meet the daily shopping and service needs of neighborhoods of Tempe.
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.9
Nail Salon12.4
Dry Cleaner9.9

Location

2309 University Dr Tempe, AZ 85288-4717
County assessor Recorded deeds · 8 transfers 15 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1925 Scottsdale, Tempe, AZ 85288-1516 $840,000 Mar 2025 2,933 SF
301 Mcclintock, Tempe, AZ 85288-2212 $1,300,000 Feb 2023 3,200 SF
1322 Mcclintock, Tempe, AZ 85288-1930 $2,028,250 Feb 2022 2,364 SF
805 Continental, Tempe, AZ 85288-1060 $124,997 Oct 2021 1,966 SF
1795 University, Tempe, AZ 85288-8497 $1,939,368 Apr 2021 3,288 SF
1215 Scottsdale, Tempe, AZ 85288-1730 $980,000 Nov 2019 1,344 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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