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    Property profile & analytics

    1612 Scottsdale Rd, Unit 2 Tempe, AZ 85288-1512

    • Motels
    • 7,636 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    $6,925,000
    Last Sale
    Mar 09, 2022
    $7,515,244
    Location Intelligence
    Property ID
    US07-2650915
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motel 6 Tempe, AZ - Scottsdale South / Hotel / Motel
    • Tempe / Housing Society

    Property Details for 1612 Scottsdale Rd

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    1.38 lot acres
    Property size
    7,636 SF
    Zone code
    M-H
    Property type
    Motels
    APN
    132-71-118C
    APU
    13271118C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,575,000
      6.5%
      $7,125,000
      7%
      $8,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,750,000
      Geo Method
      $6,520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,900,000
      Retail
      $7,735,000
      Mixed-Use
      $8,240,000
      Hospitality
      $7,360,000
      Educational
      $8,640,000
      Residential Income
      $8,690,000
      Energy
      $6,910,000
      Income-Based Land
      $8,100,000
      Food Service
      $8,480,000

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.927
    Latitude
    33.4476
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,776
    $0.00
    $0.00
    $475,654
    -
    $1,429,200
    $1,453,554
    $2,882,754

    Comparable in this City

    • Value Estimation by Request
      12,954 SF

      1635 Scottsdale Rd

      MOTEL • 12,954 SF
      1635 Scottsdale Rd, Tempe, AZ 85288-1565
      View Details
    • Value Estimation
      $6,825,000
      22,793 SF

      1375 University Dr

      MOTEL • 22,793 SF
      1375 University Dr, Tempe, AZ 85288-8463
      View Details
    • Value Estimation by Request
      73,347 SF

      1415 Scottsdale Rd

      HOTEL • 73,347 SF
      1415 Scottsdale Rd, Tempe, AZ 85288-1714
      View Details
    • Value Estimation by Request
      74,000 SF

      86 Rockford Dr

      HOTEL • 74,000 SF
      86 Rockford Dr, Tempe, AZ 85288-6070
      View Details
    • Value Estimation by Request
      50,336 SF

      670 Scottsdale Rd

      HOTEL • 50,336 SF
      670 Scottsdale Rd, Tempe, AZ 85288-2027
      View Details
    • Value Estimation by Request
      68,243 SF

      951 Playa Del Norte Dr

      HOTEL • 68,243 SF
      951 Playa Del Norte Dr, Tempe, AZ 85288-2151
      View Details

    Similar Nearby for Sale

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      Tempe Land Parcel For Sale

      Land parcel in Tempe, zoned AG, near Arizona State University.
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      Updated 3-bed, 2-bath home in a gated 55+ community.
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    Similar Nearby for Lease

    • Contact for pricing
      334,000 SF

      Tempe Office Space Available

      334,000 sq ft office space for rent.
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      Industrial flex space, Tempe, AZ. Multiple suites available.
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    • Contact for pricing
      26,000 SF

      Shorehaven Tempe Town Lake Retail

      Luxury waterfront retail space, 26,000 sqft.
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      View Details
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    Tempe, AZ 85288-1512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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