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Property profile & analytics
OFF-MARKET
Estimated value
$14,195,000
Hotels
1335 Baseline Rd Tempe, AZ 85283-1160
Entity Owned
~
Est. High Equity
Property ID
US07-0908414
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
STEEL FRAME
Total area
60,186 SF
Lot
2.25 ac (98,068 SF)
Zoning code
PCC-1
APN
301-07-323A
UPID
US07-0908414
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
-
Sonesta Simply Suites Phoenix Tempe Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.28M
Blend (final)
Blend
$14.20M
Owner & transaction history
Nf V Simply Phoenix Tempe LLC
Nf V Simply Phoenix Tempe LLC
since 2025
7 recorded transactions
Zoning & alternative use
PCC-1 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborhood, community or the metropolitan region. Residential uses may be allowed subject to a use permit for the purpose of revitalizing an existing commercial center.
Zone name
Planned Commercial Center Neighborhood
General category
COMMERCIAL
Zone area
595.35 ac
Source
Realmo
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.20M
Range $12.78M – $15.61M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$236 / SF
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
$93,109
Tax year 2023
Assessed value
$1,260,369
Assessed 2024
Previous assessed
$1,067,039
+18.1% YoY
Effective rate
7.39%
On assessed value
Land market value
$1,393,900
Improvement market value
$6,244,700
Total market value
$7,638,600
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Stories
3
Units
122
Total area
60,186 SF
Lot
2.25 ac (98,068 SF)
Zoning code
PCC-1
APN
301-07-323A
UPID
US07-0908414
Jurisdiction
MARICOPA
Zoning & alternative use
PCC-1 · Tempe, AZZoning PCC-1 · permitted uses
PCC-1 · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborhood, community or the metropolitan region. Residential uses may be allowed subject to a use permit for the purpose of revitalizing an existing commercial center.
Zone name
Planned Commercial Center Neighborhood
General category
COMMERCIAL
Zone area
595.35 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Stories
3
Units
122
Lot
2.25 ac
Current owner
From public records · entity-resolved
Nf V Simply Phoenix Tempe LLC
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2025
$5,110,000
Nf V Simply Phoenix Tempe LLC
Hpt Ihg 2 Properties Trust
Special Warranty Deed
$150,600,000 · Western Alliance Bank
May 22, 1998
$8,500,000
Hpt Cw #2 Properties Trust
Candlewood Tempe Az LLC
Grant Deed
—
May 29, 1997
$1,225,000
Tempe Az L L C Candlewood
Reliance Trust Co
Grant Deed
—
Oct 4, 1993
$76,593
Csk Sun Joint Venture
Sunchase Southwe
Trustees Deed
—
Oct 4, 1993
—
Sunchase Southwest II INC
Norman
Trustees Deed
related
—
Oct 1, 1993
$207,740
Sunchase Southwest II INC
Rtc
Grant Deed
—
Mar 8, 1993
—
Rtc
Windmills West
Grant Deed
related
—
Jan 3, 1989
—
West I Windmills
—
Deed Of Trust
related
—
—
—
Tempe Arizona L L C Candlewood
—
Deed Of Trust
related
—
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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