New search
Property profile & analytics
FOR SALE
Flex space
1305 W Auto Dr, Tempe, AZ 85284
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US07-0395494
For Sale
1 / 15
$5,350,000
1305 W Auto Dr, Tempe, AZ 85284
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1999
Construction
CONCRETE
Total area
21,375 SF
Lot
2.26 ac (98,446 SF)
Zoning code
GID
APN
301-53-076
UPID
US07-0395494
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
-
Biosense Infotech LLC. (Bike/Boat/Book/etc) Store Corporate Office
-
Fossil Crates (Bike/Boat/Book/etc) Store
-
The 7go company Consultant
-
AZ Crown Investments Financial Advisor
-
The Crown Room Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.86M
Blend (final)
Blend
$16.86M
Owner & transaction history
Auto Drive R Of E LLC R & E · 11 yrs held
Auto Drive R Of E LLC R & E
since 2014
3 recorded transactions
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.9M
+31.9%
Auto repair, garage
$14.7M
+30.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,300,000
Current use
RESTAURANT
$14,900,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,695,000
Change: +30% · Conversion: Easy
RETAIL STORES
$11,255,000
Change: 0% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$10,730,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$16.86M
Range $15.17M – $18.55M · ±10%
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
$789 / 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
$34,266
Tax year 2023
Assessed value
$636,999
Assessed 2024
Previous assessed
$542,011
+17.5% YoY
Effective rate
5.38%
On assessed value
Land market value
$1,061,200
Improvement market value
$2,799,400
Total market value
$3,860,600
Applied tax rate
281,600.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
21,375 SF
Lot
2.26 ac (98,446 SF)
Zoning code
GID
APN
301-53-076
UPID
US07-0395494
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$11.3M
RESTAURANT
Est. value
$14.9M
AUTO REPAIR, GARAGE
Est. value
$14.7M
RETAIL STORES
Est. value
$11.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Auto Drive R Of E LLC R & E
Entity
Mailing address
PO BOX 10850, TEMPE, AZ 85284-0015
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
—
Auto Drive Real Estate LLC
—
Deed
related
$3,000,000 · Bokf NA
Dec 19, 2014
$2,500,000
Auto Drive R Of E LLC R & E
Insight Ents INC
Grant Deed
$1,875,000 · National Bk/az
Oct 29, 1999
$1,386,000
Insight Enterprises INC
General American Life Insuranc
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
