Realmo Analytics

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Financial
Distress signals
Property profile

1006 E Warner Rd Tempe, AZ 85284

FOR LEASE
Strip malls
View Listing
Property ID
US07-1407467
26,488 SF 2.59 ac lot Built 1997
Last sale Feb 1996 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 30-yr Hold Held for 30 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property consists of office space located at the intersection of Rural Road and Warner Road in Tempe, Arizona.

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?
$70k
Tax billed · 2023
Assessed value · 2024$947k
Effective rate7.36%

Value estimate

· Oct 2026
$18.37M
$16.53M – $20.20M
Submarket $/SF estimate$18.84M
NOI build-up
Gross scheduled income$524k
Vacancy & credit loss−$34k
Operating expenses−$123k
NOI · 875,664.29% cap applied$368k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?
875,664.29%
$368k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PCC-1
The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neig...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply39.8
Restaurant38.5
Auto Repair Shop35.2

Location

1006 E Warner Rd Tempe, AZ 85284
County assessor Recorded deeds · 4 transfers 3 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
1705 Ruby Dr, Tempe, AZ 85284-1060 $425,000 Jan 2025 29,785 SF
7707 Kyrene, Tempe, AZ 85284-1496 $11,250,000 Jul 2022 15,588 SF
8840 Kyrene, Tempe, AZ 85284 $11,500,000 Jun 2022 27,070 SF
8475 Emerald, Tempe, AZ 85284-1064 $535,934 Jun 2021 25,824 SF
1230 Elliot, Tempe, AZ 85284-1100 $18,500,000 Dec 2019 13,980 SF
7760 Priest, Tempe, AZ 85284-1002 $6,602,500 Aug 2019 43,710 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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