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Property profile

1155 Rio Salado Pkwy Tempe, AZ 85281

OFF-MARKET
Office Spaces
Property ID
US07-2112588
4.14 ac lot
Last sale Sep 2025 · $8,330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A office building, Riverside Office Plaza - Building B, presents a compelling owner-user opportunity in the heart of Tempe, Arizona. The two-story structure boasts approximately 33,094 square feet, with 29,594 square feet currently available. Built in 2005, the building features a striking design with a reflective glass curtain wall, exposed block, and steel finishes, creating a highly desirable aesthetic. Currently 85% occupied with four tenants, the property offers a…

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

What does the county charge?
Assessed value · 2024$83

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$269/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$44 – $691

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?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner8.7
Pet Grooming Service8.0
Laundromat8.0

Location

1155 Rio Salado Pkwy Tempe, AZ 85281-2598
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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
1920 University, Tempe, AZ 85281-3262 $11,037,975 Dec 2025 50,242 SF
1615 52nd, Tempe, AZ 85281-6233 $5,575,000 Dec 2025 20,379 SF
1628 3rd, Tempe, AZ 85281-2439 $2,723,430 Jul 2025 11,499 SF
1155 Rio Salado Pkwyb205, Tempe, AZ 85281-2598 $8,330,000 Jun 2025 31,728 SF
150 Ash Ave, Unit 2, Tempe, AZ 85281-2832 $2,120,000 Mar 2025 No data
505 University, Tempe, AZ 85281-8265 $2,653,300 Mar 2025 1,985 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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