Technical
Financial
Distress signals
Property profile

1 5th St Tempe, AZ 85281

OFF-MARKET
Commercial real estate
Property ID
US07-3350573
2,740 SF 0.05 ac lot Built 1930
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Construction CONCRETE
Total area 2,740 SF
Lot 0.05 ac (2,381 SF)
Zoning code CC
APN 132-27-039
UPID US07-3350573

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Student Dormitory
  • Research Institute

Location

1 5th St Tempe, AZ 85281-3601
Tempe metro Census 318700 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$22.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$22.20M

Owner & transaction history

since 2024
Last sale
$22.2M
7 recorded transactions
2024
$22.2M
2016
$13.8M
2005
Price N/A
2005
$6.3M
2004
Price N/A
1993
$225,000
1989
$140,000

Zoning & alternative use

CC · Tempe, AZ
Zoning description

The CC district fosters employment and livability in Tempe City Center, generally bounded by the Town Lake to the North, the railroad tracks to the West, University Drive to the South and rural road to the East, by provi…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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