Property profile

1302 23rd St Tempe, AZ 85282

OFF-MARKET
Other warehouses
Property ID
US07-0744668
31,248 SF 1.91 ac lot Built 1978
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This is a 1,092-square-foot industrial property configured for warehouse and related industrial use. It includes grade-level loading and truckwell access suitable for logistics operations, and it is equipped with a fire sprinkler system. The electrical service is provided with 100A to 200A, three-phase power. The property is located with convenient truck access and is positioned near an airport and major freeways.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Construction CONCRETE
Total area 31,248 SF
Lot 1.91 ac (83,084 SF)
Zoning code GID
APN 123-35-011B
UPID US07-0744668

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
  • Metal Fabrication Plant Factory
  • Industrial Manufacturer
  • Distribution Center Logistics Company
  • Holding Company
  • Construction Company General Contractor

Location

1302 23rd St Tempe, AZ 85282-1823
Tempe metro Census 319705 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$29.0M
6 recorded transactions
2025
$29.0M
2021
$21.5M
2017
Price N/A
2006
Price N/A
1999
Price N/A
1992
$345,745

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL

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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