Property profile

1205 Miller Rd Tempe, AZ 85288

OFF-MARKET
Industrial properties
Property ID
US07-3351248
5,028 SF 0.66 ac lot Built 1990
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1990
Construction CONCRETE
Total area 5,028 SF
Lot 0.66 ac (28,750 SF)
Zoning code GID
APN 132-14-001A
UPID US07-3351248

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service

Location

1205 Miller Rd Tempe, AZ 85288-1856
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$2.01M

Owner & transaction history

since 2008
7 recorded transactions
2008
Price N/A
2007
Price N/A
2007
$2.0M
2002
$1.3M
1996
$930,000
1988
$240,000
1969
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL
Top alternative use upside
Office building $1.4M +76.3%
Medical building $1.0M +29.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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