Technical
Financial
Distress signals
Property profile

1245 Miller Rd Tempe, AZ 85288

OFF-MARKET
Warehouses
Property ID
US07-0008301
6,400 SF 1.13 ac lot Built 2022
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Total area 6,400 SF
Lot 1.13 ac (49,060 SF)
APN 132-14-026
UPID US07-0008301

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
  • Marketing & Advertising Event Planning

Location

1245 Miller Rd Tempe, AZ 85288-1856
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.88M
Blend (final) Blend
$535k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.8M +44.3%
Medical building $1.3M +5.9%

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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