Financial
Distress signals
Property profile

1848 University Dr Tempe, AZ 85288

OFF-MARKET
Strip malls
Property ID
US07-1549535
17,115 SF 0.7 ac lot Built 1985
Last sale Oct 2021 · $6,697,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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?
$23k
Tax billed · 2023
Assessed value · 2024$437k
Effective rate5.32%

Value estimate

· Sep 2026
$4.37M
$3.93M – $4.80M
Submarket $/SF estimate$8.69M

Realmo valuation models over county records and 6 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 comparables6

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?
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.1
Accounting Firm9.4
Dental Office9.2

Location

1848 University Dr Tempe, AZ 85288-4255
County assessor Recorded deeds · 4 transfers 6 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1811 Scottsdale, Tempe, AZ 85288-1563 $20,925,000 May 2024 4,200 SF
2155 University, Tempe, AZ 85288-4687 $1,144,230 Jun 2021 20,784 SF
1806 Scottsdale, Tempe, AZ 85288-1515 $1,095,000 Dec 2020 4,250 SF
2240 Scottsdale, Tempe, AZ 85288-1117 $3,500,000 Nov 2019 19,798 SF
904 Scottsdale, Tempe, AZ 85288-1925 $1,100,000 Nov 2019 8,025 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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