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Property profile & analytics
OFF-MARKET
Medical Office Space
1315 Southern Ave Tempe, AZ 85282-4519
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-0823126
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
CONCRETE
Total area
2,481 SF
Lot
0.32 ac (13,826 SF)
Zoning code
CSS
APN
123-42-151
UPID
US07-0823126
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
-
Maria Rodriguez Physician
-
Celina Escamilla Physician
-
Alexander Colby L DO Physician
-
Dr. Ricardo Celaya Physician
-
Julia Nieto Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Paradise Tempe LLC · 7 yrs held
Paradise Tempe LLC
since 2018
5 recorded transactions
Zoning & alternative use
CSS · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,889
Tax year 2023
Assessed value
$72,159
Assessed 2024
Previous assessed
$65,042
+10.9% YoY
Effective rate
9.55%
On assessed value
Land market value
$187,100
Improvement market value
$250,229
Total market value
$437,329
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
2,481 SF
Lot
0.32 ac (13,826 SF)
Zoning code
CSS
APN
123-42-151
UPID
US07-0823126
Jurisdiction
MARICOPA
Zoning & alternative use
CSS · Tempe, AZ
Zoning CSS · permitted uses
CSS · 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
1980
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Paradise Tempe LLC
Entity
Mailing address
6501 N LOST DUTCHMAN DR, PARADISE VALLEY, AZ 85253-4103
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2018
—
Paradise Tempe LLC
Celaya Property Management LLC
Warranty Deed
$400,000 · Wells Fargo Bank NA
Aug 20, 2018
$376,270
Celava Property Management
Jocal LLC
Warranty Deed
—
Feb 21, 2017
—
Jocal LLC
—
Deed
related
$372,000 · Greg & Deborah Bernett
Jan 12, 2016
$497,000
Jocal LLC
Kemper,lori A
Warranty Deed
$255,000 · Phil S Demarie
—
—
Jocal LLC
—
Deed Of Trust
related
$372,000 · Greg & Deborah Bernett
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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