Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1200 E Rio Salado Pkwy Tempe, AZ 85288

FOR SALE
Commercial land
Property ID
US07-1946821
3.04 ac lot
Last sale Oct 2024 · $35,318,416
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1200 E Rio Salado Pkwy, Tempe, AZ 85288 For Sale
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1200 E Rio Salado Pkwy, Tempe, AZ 85288
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Property summary

AI-generated overview

South Pier is a Class-A office property in Tempe, Arizona, located at 1200 E Rio Salado Pkwy. The development consists of two landmark office towers, each with 21 stories, totaling approximately 640,000 square feet. The campus-style office environment is configured to support a range of workplace arrangements within the overall property. The site is positioned next to the Novus Innovation Corridor and is within walking distance of Arizona State University, in an area that combines business activity with nearby recreation.

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?
$81k
Tax billed · 2023
Assessed value · 2024$928k
Effective rate8.78%

Value estimate

· Nov 2026
$33.75M
$30.38M – $37.13M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$34,658/SF
Submarket average, outlier-cleaned · 168 recorded sales of this use type
Observed band · Q1–Q3$23,808 – $48,968

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?
PAD
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.5
Law Firm10.1
Carpet & Flooring Store9.2

Location

1200 E Rio Salado Pkwy Tempe, AZ 85288
County assessor Recorded deeds · 12 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

4 recorded sales · 16 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1921 Rio Salado, Tempe, AZ 85288-2239 $2,150,000 Aug 2024 No data
109 Perry, Tempe, AZ 85288-2909 $1,500,000 Mar 2023 No data
Tempe, AZ 85288 $11,200,000 Nov 2022 No data
1500 Mcclintock, Tempe, AZ 85288-1643 $49,969,092 Mar 2022 No data
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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