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    Property profile & analytics

    1202 Broadway Rd Tempe, AZ 85282-1263

    • Retail space
    • 2,200 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $1,660,000
    Last Sale
    Apr 30, 2021
    $1,950,000
    Location Intelligence
    Property ID
    US07-1583483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Black Rock Coffee Bar / Coffee Shop

    Property Details for 1202 Broadway Rd

    Year built
    1983
    Construction
    CONCRETE
    Lot size
    0.68 lot acres
    Property size
    2,200 SF
    Zone code
    CSS
    Property type
    Retail space
    APN
    124-75-041
    APU
    12475041

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,610,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,015,000
      6.5%
      $2,130,000
      7%
      $2,020,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,770,000
      Geo Method
      $2,110,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,620,000
      Retail
      $1,930,000
      Mixed-Use
      $1,495,000
      Hospitality
      $1,820,000
      Educational
      $1,895,000
      Residential Income
      $1,545,000
      Energy
      $1,560,000
      Income-Based Land
      $1,865,000
      Food Service
      $1,765,000

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.957
    Latitude
    33.4079
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,910
    $0.00
    $0.00
    $132,617
    -
    $355,500
    $448,237
    $803,737

    Comparable in this City

    • Value Estimation by Request
      6,773 SF

      2180 Southern Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,773 SF
      2180 Southern Ave, Tempe, AZ 85282-7504
      View Details
    • Value Estimation
      $1,400,000
      4,860 SF

      2010 Rural Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,860 SF
      2010 Rural Rd, Tempe, AZ 85282-1408
      View Details
    • Value Estimation by Request
      3,687 SF

      3108 Mcclintock Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,687 SF
      3108 Mcclintock Dr, Tempe, AZ 85282-8006
      View Details
    • Value Estimation by Request
      1,280 SF

      3400 Ml Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,280 SF
      3400 Ml Ave, Tempe, AZ 85282-4960
      View Details
    • Value Estimation by Request
      1,880 SF

      3400 Ml Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,880 SF
      3400 Ml Ave, Tempe, AZ 85282-4960
      View Details
    • Value Estimation by Request
      1,771 SF

      4475 Rural Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,771 SF
      4475 Rural Rd, Tempe, AZ 85282-7012
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,061 SF

      Retail Property Near Loop 101

      Retail property with existing building and access to Loop 101.
      2188 E Southern Ave, Tempe, AZ 85282
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      5,200 SF

      Tempe Redevelopment Opportunity

      Freestanding building and land available for redevelopment in Tempe.
      1301 E Broadway Rd, Tempe, AZ 85282
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      Tempe Hard Corner Building

      Hard corner building in Tempe with drive-through and large parking.
      833 W Broadway Rd, Tempe, AZ 85282
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      8,752 SF

      Land Available at Arizona Mills

      Land parcel available for ground lease or build to suit.
      1530 W Baseline Rd, Tempe, AZ 85282
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      3,482 SF

      Tempe Restaurant - I-10 & US-60

      High-traffic Tempe restaurant, 3,482 SF.
      0 Sec Of I-10 & Us-60, Tempe, AZ 85282
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      4,976 SF

      Freestanding Restaurant Building in Tempe

      Fully fixturized restaurant for sale in a bustling Tempe location.
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    Similar Nearby for Lease

    • Contact for pricing
      2,127 SF

      Retail Space Near ASU

      Retail space in Tempe, close to ASU and Downtown.
      764 W Broadway Rd, Tempe, AZ 85282
      View Details
    • Contact for pricing
      4,574 SF

      Retail Space Near Arizona Mills

      Retail space available near Arizona Mills in Tempe, Arizona.
      5009 S Arizona Mills Cir, Tempe, AZ 85282
      View Details
    • Contact for pricing
      6,630 SF

      Retail Space Near Aldi Grocery

      Retail space available near Aldi Grocery and Arizona State University.
      1715 E Southern Ave, Tempe, AZ 85282
      View Details
    • Contact for pricing
      1,201 SF

      Retail Space Near ASU

      Retail space for lease near Downtown Tempe and ASU.
      764-790 W Broadway Rd, Tempe, AZ 85282
      View Details
    • Contact for pricing
      1,277 SF

      Retail Space on Broadway Road

      Retail space in high-traffic Tempe location near ASU.
      1537 W Broadway Rd, Tempe, AZ 85282
      View Details
    • Contact for pricing
      27,945 SF

      Tempe Retail Outparcel Opportunity

      High-traffic location, flexible space available
      2929 48Th St, Tempe, AZ 85282
      View Details

    Property Visit Statistics

    • Visits by month
      15.7k
    • Visitors by month
      10.4k
    • Avg Time on site
      16 min
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    1202 Broadway Rd
    Tempe, AZ 85282-1263
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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