Property profile

1324 University Dr Tempe, AZ 85281

OFF-MARKET
Retail space
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Property ID
US07-0989974
4,740 SF 0.5 ac Built 1962
Last sale May 2024·$1,359,600
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a specialty/other specialty commercial space configured for leasing, located at 1324 W University Dr, Tempe, AZ 85281. The available information does not specify the unit configuration, interior improvements, property amenities, square footage, or any particular functional buildout, so potential use and operational requirements would need to be verified against the specific offering details and confirmed directly with the listing party.

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 · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2024$54k
Effective rate16.14%

Value estimate

· Nov 2026
$1.36M
$1.22M – $1.50M
AI approach$1.36M
CAP approach$850k

Realmo valuation models over county records and 17 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 comparables17

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?
C-G
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 Office11.3
Laundry Service8.4
Laundromat8.2

Location

1324 University Dr Tempe, AZ 85281-3320
County assessor Recorded deeds · 4 transfers 17 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
1219 Mcclintock, Tempe, AZ 85281-8521 $1,500,000 Mar 2024 4,032 SF
105 University, Tempe, AZ 85281-3639 $5,750,000 May 2023 3,322 SF
706 College, Tempe, AZ 85281-3718 $5,500,000 Sep 2021 3,802 SF
425 Ml, Tempe, AZ 85281-2803 $16,550,000 Jun 2021 6,376 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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