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Property profile

113 Southern Ave Tempe, AZ 85282

OFF-MARKET
Retail space
Property ID
US07-0172658
1,500 SF 7.56 ac lot Built 1964
Last sale Jun 2023 · $1,642,070
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-concept commercial building configured to combine a renovated café with seven individually leased business suites. The café has indoor seating with both high-top and low-top arrangements, includes a furnished patio, and features a newly renovated kitchen with upgraded equipment and furnishings. The suite mix includes a trading card shop (buy/sell/trade), tattoo studio, med-spa (Boutique Injections), nail services, and a wax/brow/lash studio, with an additional dedicated…

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?
$166k
Tax billed · 2023
Assessed value · 2024$2.93M
Effective rate5.67%

Value estimate

· Oct 2026
$1.52M
$1.37M – $1.67M
Submarket $/SF estimate$1.43M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$527/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$129 – $955
Qualifying comparables12

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?
CSS
The CSS district is intended to meet the daily shopping and service needs of neighborhoods of Tempe.
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.8
Dry Cleaner8.7
Pet Grooming Service8.4

Location

113 Southern Ave Tempe, AZ 85282-5130
County assessor Recorded deeds · 8 transfers 12 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
2188 Southern, Tempe, AZ 85282-7504 $930,000 Jul 2024 1,992 SF
1010 Southern, Tempe, AZ 85282-4514 $1,300,000 Aug 2022 2,400 SF
3222 Hardy, Tempe, AZ 85282-3323 $695,000 Feb 2022 2,430 SF
3408 Ml, Tempe, AZ 85282-4935 $1,650,000 Jul 2021 2,080 SF
1202 Broadway, Tempe, AZ 85282-1263 $1,950,000 Apr 2021 2,200 SF
1406 Broadway, Tempe, AZ 85282-1150 $2,150,000 Oct 2019 2,700 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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