1375 University Dr Tempe, AZ 85288-8463
- Motels
- 22,793 SF
- 0.91 lot acres
Current Use by Public Records
- The Tempest Hotel Tempe Asu, Ascend Hotel Collection / Hotel
- Hotel Tempest, Trademark Collection by Wyndham / Hotel / Inn
- Earth Sugar / Bakery
Property Details for 1375 University Dr
- Year built
- 1998
- Construction
- STEEL FRAME
- Lot size
- 0.91 lot acres
- Property size
- 22,793 SF
- Zone code
- PCC-1
- Property type
- Motels
- APN
- 132-59-057
- APU
- 13259057
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,735,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,795,000
- 6.5%
- $7,320,000
- 7%
- $6,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,345,000
- Geo Method
- $6,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,090,000
- Retail
- $8,790,000
- Mixed-Use
- $7,915,000
- Hospitality
- $7,295,000
- Educational
- $8,115,000
- Residential Income
- $8,740,000
- Energy
- $8,165,000
- Income-Based Land
- $7,480,000
- Food Service
- $8,415,000
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.916
- Latitude
- 33.4215
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA