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    Property profile & analytics

    1221 Apache Blvd Tempe, AZ 85281-5823

    • Motels
    • 34,452 SF
    • 3.17 lot acres
    OFF-MARKET
    Value Estimation
    $645,000
    Location Intelligence
    Property ID
    US07-0929418
    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

    • Nexa Apartments / Apartment Complex
    • Kuka Sushi & Izakaya / Sushi Restaurant / Bar
    • Guille Sanchez Carpet Store / Carpet Store

    Property Details for 1221 Apache Blvd

    Year built
    1976
    Construction
    CONCRETE
    Lot size
    3.17 lot acres
    Property size
    34,452 SF
    Zone code
    C-G
    Property type
    Motels
    APN
    133-09-092G
    APU
    13309092G

    Description

    This exceptional 1,300-square-foot retail space, ideally suited for a cafe or bar, is located at 1221 E Apache Blvd in Tempe, Arizona, zip code 85281. Built in 2017, the property offers a turnkey operation with existing fixtures, furniture, and equipment (FF&E) remaining in place, saving significant setup costs for the new tenant. The space is a single unit within a larger building, offering complete control and privacy. Its prime location on Apache Boulevard and Terrace Road ensures excellent visibility and accessibility. A significant advantage is the large patio area, perfect for outdoor seating, complemented by dedicated parking directly adjacent to the space. Monument signage is also available, providing exceptional branding opportunities. The property's total square footage is 1,300 square feet, with no possibility of dividing the space further. This presents a unique opportunity for a food and beverage establishment seeking a well-established and highly visible location in the thriving Tempe market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $645,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $735,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $670,000
      Geo Method
      $810,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $615,000
      Retail
      $715,000
      Mixed-Use
      $615,000
      Hospitality
      $645,000
      Educational
      $655,000
      Residential Income
      $800,000
      Energy
      $755,000
      Income-Based Land
      $830,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.918
    Latitude
    33.414
    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
    2016
    $0.00
    $554,688
    $113,742
    $668,430
    -
    $3,081,600
    $631,900
    $3,713,500

    Comparable in this City

    • Value Estimation
      $2,130,000
      4,630 SF

      1461 Apache Blvd, Unit 1

      MOTEL • 4,630 SF
      1461 Apache Blvd, Tempe, AZ 85281-5920
      View Details
    • Value Estimation
      $7,565,000
      6,840 SF

      1720 Priest Dr, Unit 2

      MOTEL • 6,840 SF
      1720 Priest Dr, Tempe, AZ 85281-6205
      View Details
    • Value Estimation by Request
      36,016 SF

      1031 Apache Blvd

      MOTEL • 36,016 SF
      1031 Apache Blvd, Tempe, AZ 85281-5819
      View Details
    • Value Estimation by Request
      51,020 SF

      1625 52nd St, Unit 2

      MOTEL • 51,020 SF
      1625 52nd St, Tempe, AZ 85281-6233
      View Details
    • Value Estimation by Request
      2,604 SF

      2174 Apache Blvd

      MOTEL • 2,604 SF
      2174 Apache Blvd, Tempe, AZ 85281-4824
      View Details
    • Value Estimation by Request
      44,397 SF

      2165 15th St

      MOTEL • 44,397 SF
      2165 15th St, Tempe, AZ 85281-6942
      View Details

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    1221 Apache Blvd
    Tempe, AZ 85281-5823
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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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