Property profile

1215 Vis Del Cerro Dr Tempe, AZ 85281

OFF-MARKET
Specialty properties
Property ID
US07-3343505
4,858 SF 12.91 ac lot Built 1980
Individually Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1980
Construction STEEL FRAME
Total area 4,858 SF
Lot 12.91 ac (562,142 SF)
Zoning code R-3
APN 133-11-275A
UPID US07-3343505

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
  • Apartment Complex Apartment Building
  • Apartment Complex

Location

1215 Vis Del Cerro Dr Tempe, AZ 85281-7138
Tempe metro Census 319104 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
$92.06M
Blend (final) Blend
$88.57M

Owner & transaction history

since 2006
5 recorded transactions
2019
Price N/A
2006
$2.7M
2006
Price N/A
2006
$8.6M
1969
Price N/A

Zoning & alternative use

R-3 · Tempe, AZ
Zoning description

1-5, and R1-4) C. Single-Family Residential Planned Area Development (R1-PAD) (requires a PAD Overlay) D. Multi-Family Residential (R-2) E. Multi-Family Residential Restricted (R-3R) F. Multi-Family Residential Limited (…

General category CIVIC_INSTITUTIONAL

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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