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    Property profile & analytics

    1616 Broadway Rd Tempe, AZ 85282

    • Manufacturing properties
    • 14,693 SF
    • 2.24 lot acres
    OFF-MARKET
    Value Estimation
    $6,180,000
    Last Sale
    Jul 01, 2021
    $7,200,000
    Location Intelligence
    Property ID
    US07-2387089
    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

    • Tempe Mobile Truck Repair / Truck Repair Shop

    Property Details for 1616 Broadway Rd

    Year built
    1979
    Lot size
    2.24 lot acres
    Property size
    14,693 SF
    Zone code
    GID
    Property type
    Manufacturing properties
    APN
    124-58-186
    APU
    12458186

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,945,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,820,000
      6.5%
      $7,090,000
      7%
      $7,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,115,000
      Geo Method
      $6,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,960,000
      Retail
      $8,450,000
      Mixed-Use
      $8,300,000
      Hospitality
      $7,780,000
      Educational
      $8,810,000
      Residential Income
      $8,770,000
      Energy
      $7,405,000
      Income-Based Land
      $6,980,000
      Food Service
      $8,305,000

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.966
    Latitude
    33.4086
    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
    $44,368
    $0.00
    $0.00
    $1,090,238
    -
    $766,000
    $5,841,500
    $6,607,500

    Comparable in this City

    • Value Estimation
      $6,260,000
      9,972 SF

      1710 Broadway Rd

      HEAVY MANUFACTURING • 9,972 SF
      1710 Broadway Rd, Tempe, AZ 85282-1113
      View Details
    • Value Estimation by Request
      2,190 SF

      3250 Fair Ln

      Distribution properties • 2,190 SF
      3250 Fair Ln, Tempe, AZ 85282
      View Details
    • Value Estimation by Request
      68,031 SF

      3214 Fair Ln

      Distribution properties • 68,031 SF
      3214 Fair Ln, Tempe, AZ 85282
      View Details
    • Value Estimation by Request
      8,250 SF

      2026 Hardy Dr

      FOOD PACKING, PACKING PLANT • 8,250 SF
      2026 Hardy Dr, Tempe, AZ 85282-1211
      View Details
    • Value Estimation by Request
      41,000 SF

      2123 Priest Dr

      Distribution properties • 41,000 SF
      2123 Priest Dr, Tempe, AZ 85282
      View Details
    • Value Estimation by Request
      16,200 SF

      2109 48Th St

      Manufacturing properties • 16,200 SF
      2109 48Th St, Tempe, AZ 85282
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,707 SF

      Tempe Industrial Flex Building

      Industrial flex building with data center space for sale.
      1005 W Geneva Dr, Tempe, AZ 85282
      View Details
    • $1,600,000
      5,329 SF

      Tempe Manufacturing Opportunity For Sale

      5,329 SF manufacturing space with high power and HVAC.
      2214 W Huntington Dr, Tempe, AZ 85282
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    • $2,250,000
      7,791 SF

      Tempe Freestanding Building For Sale

      7,791 SF single-tenant building near ASU campus.
      1123 W Broadway Rd, Tempe, AZ 85282
      View Details
    • $249,000
      0.34 Acres

      Tempe Office Suite - Great Location

      737 sq ft Office, Tempe, AZ
      4645 Lakeshore Dr, Tempe, AZ 85282
      View Details
    • Contact for pricing
      29,542 SF

      Renovated Tempe Office Property

      Move-in ready office suites with recent upgrades and ample parking.
      E Broadway Rd, Tempe, AZ 85282
      View Details
    • Contact for pricing

      Visible Land Parcel Near I-10

      Land parcel suitable for QSRs, retail, medical, or office uses.
      5075 S Wendler Dr, Tempe, AZ 85282
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      41,000 SF

      Tempe Industrial Space Available

      Manufacturing/Warehouse Units, Tempe, AZ
      2123 Priest Dr, Tempe, AZ 85282
      View Details
    • $14 SF/Yr
      56,845 SF

      Tempe Industrial Park - For Lease

      Multiple Suites, 960-8,800 SF Available
      2121 Priest Dr, Tempe, AZ 85282
      View Details
    • $16 SF/Yr
      2,190 SF

      Tempe Industrial Space For Lease

      2,190 SF Manufacturing/Warehouse
      3250 Fair Ln, Tempe, AZ 85282
      View Details
    • $15 SF/Yr
      16,200 SF

      Tempe Industrial Space For Lease

      Manufacturing space, multiple units available.
      2113 48Th St, Tempe, AZ 85282
      View Details
    • $15 SF/Yr
      16,200 SF

      Tempe Industrial Space For Lease

      10,800 SF Manufacturing Space Available
      2109 48Th St, Tempe, AZ 85282
      View Details
    • $16 SF/Yr
      11,111 SF

      Tempe Industrial Flex Space Available

      Versatile Tempe warehouse/flex space for lease.
      5024 Ash Ave, Tempe, AZ 85282
      View Details

    Property Visit Statistics

    • Visits by month
      4.0k
    • Visitors by month
      2.8k
    • Avg Time on site
      23 min
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    1616 Broadway Rd
    Tempe, AZ 85282
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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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