Property profile

1419 12th Pl Tempe, AZ 85281

OFF-MARKET
Flex space
Property ID
US07-0832806
33,290 SF 0.15 ac lot Built 1975
Trust Owned 30-yr Hold Free & Clear
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Property summary

AI-generated overview

This ±6,000 square foot industrial warehouse is available for lease in Tempe, Arizona. Located at 1419 W 12th Pl #103, this single-tenant property offers a spacious and functional layout ideal for various industrial uses. Built in 1975, the warehouse features a single story with a 16-foot clear ceiling height, providing ample vertical space for storage or operations. Access is convenient with one loading dock, one dock-high door, and one drive-in door. The property boasts a 53.58-foot frontage and is situated near S Priest Dr. Power is supplied by a 120/40V 3-phase system. Inside, you'll find polished concrete floors and block construction. The warehouse is equipped with fire sprinklers and evaporative cooling. The property is zoned GID (General Industrial District) and has an APN of 124-58-100. The asking lease rate is $1.20 per square foot gross monthly. This warehouse offers a column-free layout for maximum efficiency and flexibility. The property includes a 10'x10' truckwell and a 10'x10' grade-level door.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1975
Construction CONCRETE
Total area 33,290 SF
Lot 0.15 ac (6,611 SF)
Zoning code GID
APN 124-58-103
UPID US07-0832806

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Brewery & Distillery Big Box & Wholesale Store
  • Big Box & Wholesale Store Shipping Company
  • Hair Salon Nail Salon
  • Factory Industrial Manufacturer
  • Logistics Company Freight Service

Location

1419 12th Pl Tempe, AZ 85281-5232
Tempe metro Census 319710 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.35M
Blend (final) Blend
$400k

Owner & transaction history

since 1996
3 recorded transactions
2026
Price N/A
1996
$1.1M
1991
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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