Financial
Distress signals
Property profile

1320 Priest Dr Tempe, AZ 85281

OFF-MARKET
Flex space
Property ID
US07-1057938
38,038 SF 4.33 ac lot Built 1996
Last sale Nov 1987 · $1,533,962
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 6,880-square-foot industrial property, located at 1320 S. Priest Dr., #107, Tempe, AZ 85281, presents a unique opportunity for businesses seeking versatile space in the Sky Harbor Airport submarket of Maricopa County. The property is currently fully vacant and offers a flexible layout suitable for a variety of uses, including executive office space, warehouse storage, and distribution operations. The unit boasts a substantial 21-foot ceiling height, providing ample vertical

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$84k
Tax billed · 2023
Assessed value · 2024$1.72M
Effective rate4.87%

Value estimate

· Sep 2026
$96.49M
$86.84M – $106.13M
Sales comparison$96.49M

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

Recently sold

What actually traded nearby?
$1,460/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$203 – $2,537
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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.7
Parking Facility13.1
Law Firm12.9

Location

1320 Priest Dr Tempe, AZ 85281-6959
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1618 Priest, Tempe, AZ 85281-2008 $4,500,000 Oct 2024 25,564 SF
1555 10th, Tempe, AZ 85281-5247 $10,750,000 Sep 2024 56,540 SF
1425 12th, Tempe, AZ 85281-5231 $962,792 Aug 2024 33,290 SF
1419 12th, Tempe, AZ 85281-5232 $860,000 Mar 2024 33,290 SF
941 Park, Tempe, AZ 85281-5119 $7,633,625 May 2023 38,000 SF
606 Madison, Tempe, AZ 85281-7216 $2,925,000 Jan 2021 25,608 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
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