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Property profile & analytics
OFF-MARKET
Retail space
105 University Dr Tempe, AZ 85281-3639
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-3446269
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
STEEL FRAME
Total area
3,322 SF
Lot
0.29 ac (12,552 SF)
Zoning code
C-C
APN
132-42-012A
UPID
US07-3446269
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Blaze Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dls Sundevil LLC · 3 yrs held
Dls Sundevil LLC
since 2023
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
C-C · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,701
Tax year 2023
Assessed value
$198,810
Assessed 2024
Previous assessed
$154,105
+29.0% YoY
Effective rate
8.90%
On assessed value
Land market value
$863,800
Improvement market value
$341,109
Total market value
$1,204,909
Applied tax rate
31,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,322 SF
Lot
0.29 ac (12,552 SF)
Zoning code
C-C
APN
132-42-012A
UPID
US07-3446269
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Tempe, AZ
Zoning C-C · permitted uses
C-C · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Dls Sundevil LLC
Entity
Mailing address
105 W UNIVERSITY DR, TEMPE, AZ 85281-3639
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2023
$5,750,000
Dls Sundevil LLC
Sun Devil Retail Investors LLC
Special Warranty Deed
—
Sep 7, 2016
$3,076,923
Sun Devil Retail Invtrs LLC
Simoncre Ashford III LLC
Grant Deed
—
Nov 13, 2015
$1,829,000
Simoncre Ashford III LLC
Go Wireless Investments LLC
Special Warranty Deed
$2,113,000 · Stearns Bank NA
Feb 18, 2015
—
Go Wireless Investments LLC
Go Wireless Investments LLC
Intrafamily Transfer
related
$3,116,250 · California Bank & Trust
Oct 31, 2014
$1,500,000
Go Wireless Investments LLC
Garden Towers LP
Grant Deed
—
Aug 27, 2010
$1,250,000
Garden Towers LP
Geyser Holdings LLC
Grant Deed
—
Jun 16, 2010
$1,000,000
Geyser Holdings LLC
L & G Southern LLC
Grant Deed
$650,000 · L & G Southern LLC
Jun 7, 2007
$1,330,000
L & G Southern LLC
Mill & University Property LLC
Grant Deed
$650,394 · Charles G & Barbara Lawrence
Sep 8, 1999
$650,000
Mill & Unversity Property LLC
Walsh,maurice A
Grant Deed
$455,000 · Mesa Bank
—
—
Garden Towers LP
—
Deed Of Trust
related
$650,000 · L & G Southern LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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