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Property profile & analytics
OFF-MARKET
Estimated value
$1,765,000
Industrial properties
1257 Geneva Dr Tempe, AZ 85282-3432
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-3335065
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1981
Construction
CONCRETE
Total area
12,060 SF
Lot
0.84 ac (36,373 SF)
Zoning code
GID
APN
123-40-026
UPID
US07-3335065
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ascenso Development Group Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
Jke Geneva LLC · 4 yrs held
Jke Geneva LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,660,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,830,000
6.5%
$1,690,000
7%
$1,570,000
Blend value · Realmo final
$1.77M
Range $1.59M – $1.94M · ±10% · vs last sale $1.85M (Feb 10 2022)
Last sale anchor
$1.85M
Feb 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,259
Tax year 2023
Assessed value
$272,795
Assessed 2024
Previous assessed
$203,762
+33.9% YoY
Effective rate
5.59%
On assessed value
Land market value
$299,900
Improvement market value
$1,353,400
Total market value
$1,653,300
Applied tax rate
31,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
12,060 SF
Lot
0.84 ac (36,373 SF)
Zoning code
GID
APN
123-40-026
UPID
US07-3335065
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Jke Geneva LLC
Entity
Mailing address
2294 DRIFTWOOD TIDE AVE, HENDERSON, NV 89052-5803
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
$1,850,000
Jke Geneva LLC
Wohletz Commercial LLC
Special Warranty Deed
—
Dec 23, 2019
$1,080,000
Wohletz Commercial LLC
First Bank Financial Centre
Special Warranty Deed
$1,589,000 · Pacific Western National Bank
Jun 10, 2019
—
Sofra Properties LLC
—
Deed
related
$1,310,000 · First Bank Financial Centre
Dec 30, 2015
—
Ascenso Dev Group LLC
Sofra Properties LLC
Grant Deed
related
—
Dec 24, 2008
—
Sofra Properties LLC
—
Trustees Deed
related
$668,500 · Sterling Bank
Jun 13, 2007
$1,400,000
Sofra Properties LLC
Ruth M Nichols
Warranty Deed
$668,500 · First National Bank Of Arizona
Jun 1, 2001
$867,000
Robert E Nichols
Brs-san Diego Commerce Ctr LLC
Grant Deed
$374,000 · Business Development Finance
Oct 14, 1999
—
Brs-san Diego Commerce Center
Spt Real Estate Corp
Grant Deed
$24,107,513 · Wells Fargo Bank
May 13, 1997
$25,702,075
Spt Real Estate Corp E
Presidio Associates L P
Grant Deed
—
Feb 13, 1996
$19,493,319
Presidio Associates L P
Cmd Southwest INC
Grant Deed
$15,584,000 · Redevelopment Agency San Berna
—
—
Sofra LLC
—
Deed Of Trust
related
$125,000 · David E Johnson
—
—
Sofra Properties LLC
—
Deed Of Trust
related
$552,000 · Southwestern Business Fin'l
—
—
Sofra Properties LLC
—
Deed Of Trust
related
$450,000 · Ruth Nichols
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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