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Property profile & analytics
FOR SALE
Drug stores
1424 W Baseline Rd Tempe, AZ 85283
Entity Owned
Free & Clear
Property ID
US07-2660968
For Sale
Contact for pricing
1424 W Baseline Rd, Tempe, AZ 85283
View Listing →
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2003
Construction
CONCRETE
Total area
14,250 SF
Lot
1.46 ac (63,423 SF)
Zoning code
RCC
APN
123-25-049
UPID
US07-2660968
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
-
CVS Pharmacy Pharmacy
-
MoneyGram Bank Credit Union
-
Cardtronics ATM Atm
-
Coinhub Bitcoin ATM Teller Atm
-
CDReload by Crypto Dispensers Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.75M
Blend (final)
Blend
$7.68M
Owner & transaction history
Reilly Auto Enterprises LLC
Reilly Auto Enterprises LLC
since 2025
4 recorded transactions
Zoning & alternative use
RCC · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RCC district provides regional shopping facilities in locations deemed appropriate to serve large demographic areas.
Zone name
Regional Commercial Center
General category
COMMERCIAL
Zone area
334.02 ac
Source
Realmo
Top alternative use upside
Restaurant
$9.9M
+32.4%
Auto repair, garage
$9.8M
+30.5%
Industrial (general)
$7.5M
+0.4%
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
Alternative Use
Use
Estimation
RETAIL STORES
$7,505,000
Current use
RESTAURANT
$9,935,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,795,000
Change: +31% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,535,000
Change: +0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,155,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$7.68M
Range $6.91M – $8.45M · ±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
$539 / 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
$57,170
Tax year 2023
Assessed value
$580,535
Assessed 2024
Previous assessed
$580,535
+0.0% YoY
Effective rate
9.85%
On assessed value
Land market value
$1,143,100
Improvement market value
$2,375,292
Total market value
$3,518,392
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
For Sale
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
14,250 SF
Lot
1.46 ac (63,423 SF)
Zoning code
RCC
APN
123-25-049
UPID
US07-2660968
Jurisdiction
MARICOPA
Zoning & alternative use
RCC · Tempe, AZZoning RCC · permitted uses
RCC · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RCC district provides regional shopping facilities in locations deemed appropriate to serve large demographic areas.
Zone name
Regional Commercial Center
General category
COMMERCIAL
Zone area
334.02 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.5M
RESTAURANT
Est. value
$9.9M
AUTO REPAIR, GARAGE
Est. value
$9.8M
INDUSTRIAL (GENERAL)
Est. value
$7.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Reilly Auto Enterprises LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
—
Reilly Auto Enterprises LLC
Eck 33 Baseline LLC
Deed
—
Dec 13, 2002
$1,250,000
Eck 33 Baseline LLC
Arizona Mills II LLC
Grant Deed
$2,800,000 · Cnlbank
Oct 5, 2000
$312,190
Arizona Mills II LLC
Arizona Mills LLC
Grant Deed
related
$146,000,000 · Gmac Commercial Mortgage Corp
—
—
Eck 33 Baseline LLC
—
Deed Of Trust
related
$3,345,000 · Symetra Life Insurance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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