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    Property profile & analytics
    OFF-MARKET Estimated value $7,300,000
    Warehouses

    1326 Fairmont Dr, Tempe, AZ 85282-3424

    39,740 SF 1.87 ac lot Built 1978
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US07-0396815
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1978
    Construction CONCRETE
    Total area 39,740 SF
    Lot 1.87 ac (81,631 SF)
    Zoning code GID
    APN 123-37-001M
    UPID US07-0396815
    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
    • Arizona Dairy Ingredients (Bike/Boat/Book/etc) Store Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.30M
    CAP Approach CAP
    $6.76M
    Comparable Approach Comparable
    $5.07M
    Blend (final) Blend
    $7.30M
    Owner & transaction history
    3702 South Hardy LLC
    3702 South Hardy LLC
    since 2025
    Last sale
    $7.3M
    7 recorded transactions
    2025
    $9.0M
    2024
    $7.3M
    2020
    2012
    $1.9M
    1999
    $1.7M
    1999
    $1.5M
    1994
    Zoning & alternative use
    GID · Tempe, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $12.0M +67.8%
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