Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1600 N Desert Dr Tempe, AZ 85281

FOR LEASE
Office buildings
Property ID
US07-1527547
91,680 SF 5.73 ac lot Built 1994
Last sale Aug 2025 · $23,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
1600 N Desert Dr, Tempe, AZ 85281 For Lease
$22,450,000 8,007 SF available
1600 N Desert Dr, Tempe, AZ 85281
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$182k
Tax billed · 2023
Assessed value · 2024$2.05M
Effective rate8.88%

Value estimate

· Oct 2026
$22.45M
$20.21M – $24.70M
Submarket $/SF estimate$21.90M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$279/SF
Submarket average, outlier-cleaned · 199 recorded sales of this use type
Observed band · Q1–Q3$128 – $580

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.8
Electrical Service10.3
Garden Center9.9

Location

1600 N Desert Dr Tempe, AZ 85281
County assessor Recorded deeds · 29 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1805 Scottsdale, Tempe, AZ 85288-1556 $2,750,000 Jun 2025 9,923 SF
2130 University, Tempe, AZ 85288-4607 $3,200,000 Dec 2023 6,820 SF
1666 Mcclintock, Tempe, AZ 85288-1600 $27,028,620 Apr 2021 5,874 SF
420 Smith, Tempe, AZ 85288-2960 $2,550,000 Oct 2019 17,226 SF
615 Riv, Tempe, AZ 85288-0252 $46,000,000 Jun 2019 184,526 SF
2055 5th, Tempe, AZ 85288-3755 $2,150,000 Mar 2019 7,139 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again