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    1326 Fairmont Dr Tempe, AZ 85282-3424
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    Property profile & analytics

    1326 Fairmont Dr Tempe, AZ 85282-3424


    • Warehouses
    • 39,740 SF
    • 1.87 lot acres
    Off-Market
    Last Sale Oct 30, 2024
    $7,300,000
    Property ID
    US07-0396815
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $7,300,000
    Show details
    Cap Rate Potential
    6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Arizona Dairy Ingredients / (Bike/Boat/Book/etc) Store / Grocery & Convenience Store

    Property Details for 1326 Fairmont Dr

    Year built
    1978
    Construction
    CONCRETE
    Lot size
    1.87 lot acres
    Property size
    39,740 SF
    Zone code
    GID
    Property type
    Warehouses
    APN
    123-37-001M
    APU
    12337001M

    Description

    This ±39,813-square-foot industrial warehouse, situated on approximately 1.87 acres of land in Tempe's CMD Industrial Park, presents a unique leasing opportunity. Built in 1978 and extensively renovated in 2024, the single-story building boasts a 23-foot clear height ceiling, seven loading docks with seven dock-high doors, and one drive-in door. The property features ample parking within a fully fenced and secured lot. Power is supplied by a robust 1600-amp, 3-phase system. Additional features include a fully sprinklered system, a chiller, and a clean room. The building is conveniently located on Priest Drive, with Fairmont Drive as a cross street, and is zoned GID. The property's address is 1326 W Fairmont Dr, Tempe, AZ 85282, within Maricopa County. New landlord improvements are currently underway, enhancing the property's already impressive features. This warehouse is ideal for a variety of industrial uses, including warehouse, distribution, and R&D. The property's location in the thriving Tempe submarket offers excellent access to major transportation routes and a skilled workforce. The entire building is currently vacant. The APN is 12337001M.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $7,300,000
      ML approach
      $7,300,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,320,000
      6.5%
      $6,755,000
      7%
      $6,275,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,073,000
      Market price range: $5.07M - $10.3M
      AI Estimate
      $5,073,000
      Market price range: $5.07M - $10.3M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $7,175,000
      Current use
      OFFICE BUILDING
      $12,035,000
      Change: +68% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.96
    Latitude
    33.397
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $14,564
    $0.00
    $0.00
    $261,301
    -
    $7,815
    $1,734,190
    $1,742,005
    More about this property
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