Technical
Financial
Distress signals
Property profile

103 Riv Dr Tempe, AZ 85288

OFF-MARKET
Warehouses
Property ID
US07-3006832
6,250 SF 0.55 ac lot Built 1986
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction CONCRETE
Total area 6,250 SF
Lot 0.55 ac (23,976 SF)
Zoning code GID
APN 132-37-099
UPID US07-3006832

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
  • Auto Repair Shop
  • Resort
  • Auto Repair Shop

Location

103 Riv Dr Tempe, AZ 85288-3010
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.06M
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2020
Last sale
$1.0M
5 recorded transactions
2020
$1.0M
2008
$100,000
1995
$220,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL
Top alternative use upside
Office building $1.7M +44.3%
Medical building $1.3M +5.9%

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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