Property profile & analytics
1333 Broadway Rd Tempe, AZ 85282-1298
- Office buildings
- 8,549 SF
- 1.14 lot acres
OFF-MARKET
Value Estimations
$4,265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US07-3352453
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.
Current Use by Public Records
- G2G Wireless / Corporate Office
Property Details for 1333 Broadway Rd
- Year built
- 1977
- Construction
- CONCRETE
- Lot size
- 1.14 lot acres
- Property size
- 8,549 SF
- Zone code
- GID
- Property type
- Office buildings
- APN
- 123-35-053F
- APU
- 12335053F
Description
This exceptional mixed-use, retail storefront property in Tempe, Arizona presents a compelling redevelopment opportunity for owner-users. Spanning 10,160 square feet on a sizable 1.12-acre lot, this single-story building sits at 1333 W Broadway Rd, 85282, in Maricopa County. The property boasts excellent visibility and accessibility, situated in a high-traffic area with over 36,000 vehicles passing daily. Its strategic location near Arizona State University ensures a consistent flow of potential customers and high foot traffic, further enhanced by its adjacency to a newly constructed Chick-fil-A. The property's flexible development options allow for ground leases or build-to-suit projects, catering to various business models and maximizing return on investment. This presents a unique chance to capitalize on the vibrant Tempe market and create a thriving commercial venture. The current occupancy is 100%, offering immediate income potential or a blank canvas for redevelopment. This is an unparalleled opportunity to acquire a substantial property in a prime location with significant development potential. The asking price is $2,500,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,292,000
- AI Estimate
- $4,242,000
Market price range: $1.18M - $5.57MMarket price range: $1.18M - $5.57M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,590,000 Current use
- RESTAURANT
- $5,960,000 Change: +130% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $5,875,000 Change: +127% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $5,065,000 Change: +96% Conversion: Difficult
- RETAIL STORES
- $4,500,000 Change: +74% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $4,380,000 Change: +69% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.959
- Latitude
- 33.4068
- 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
2023
$27,733
$0.00
$0.00
$391,858
-
$546,500
$1,828,398
$2,374,898
