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Property profile

1255 Rio Salado Pkwy Ste 115 Tempe, AZ 85281

OFF-MARKET
Office buildings
Property ID
US07-1692244
43,457 SF 0.04 ac lot Built 2008
Last sale Sep 2013 · $205,100
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes an office suite (Unit 115) located at 1255 W Rio Salado Parkway in Tempe, Arizona. It is situated along the Rio Salado corridor with views overlooking Tempe Town Lake. The building location provides access to both Loop 101 and Loop 202 freeways, is approximately 1.4 miles from Phoenix Sky Harbor International Airport, and is positioned near the Mill Avenue District, Downtown Tempe, Arizona State University, and Tempe Marketplace.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2024$107k
Effective rate3.36%

Value estimate

· Nov 2026
$180k
$162k – $198k
Submarket $/SF estimate$3.51M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$269/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$44 – $691
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner8.7
Veterinary Clinic8.0
Laundromat8.0

Location

1255 Rio Salado Pkwy Ste, Unit 115 Tempe, AZ 85281-2892
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1920 University, Tempe, AZ 85281-3262 $11,037,975 Dec 2025 50,242 SF
1155 Rio Salado Pkwyb205, Tempe, AZ 85281-2598 $8,330,000 Jun 2025 31,728 SF
1215 Rio Salado Pkwy, Tempe, AZ 85281-2954 $2,571,429 Jun 2024 40,624 SF
1095 Rio Salado Pkwya104, Tempe, AZ 85281-2514 $1,773,100 Apr 2022 31,781 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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