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Property profile & analytics
OFF-MARKET
Estimated value
$3,185,000
Day care centers
1628 Broadway Rd Tempe, AZ 85282-1610
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-2761835
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1975
Construction
CONCRETE
Total area
7,936 SF
Lot
1.72 ac (74,992 SF)
Zoning code
CSS
APN
133-06-002S
UPID
US07-2761835
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
-
Sunrise Preschools Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$3.19M
Owner & transaction history
Dragon Fly Cg LLC · 1 yrs held
Dragon Fly Cg LLC
since 2025
7 recorded transactions
Zoning & alternative use
CSS · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned CSS adjacent to residentially zoned properties are required a minimum ten (10) foot side yard setback on the side adjacent to the residentia…
Zone name
Commercial Shopping And Service
General category
COMMERCIAL
Zone area
420.54 ac
Source
zoning and development code
Top alternative use upside
Industrial (general)
$4.7M
+111.4%
Retail stores
$4.2M
+87.8%
Neighborhood: shopping center
$4.1M
+82.6%
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,225,000
Current use
INDUSTRIAL (GENERAL)
$4,705,000
Change: +111% · Conversion: Difficult
RETAIL STORES
$4,180,000
Change: +88% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,065,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$2,405,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$3.19M
Range $2.87M – $3.50M · ±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
$401 / 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
$30,290
Tax year 2023
Assessed value
$490,345
Assessed 2024
Previous assessed
$418,550
+17.2% YoY
Effective rate
6.18%
On assessed value
Land market value
$2,305,100
Improvement market value
$2,598,353
Total market value
$4,903,453
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
7,936 SF
Lot
1.72 ac (74,992 SF)
Zoning code
CSS
APN
133-06-002S
UPID
US07-2761835
Jurisdiction
MARICOPA
Zoning & alternative use
CSS · Tempe, AZZoning CSS · permitted uses
CSS · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned CSS adjacent to residentially zoned properties are required a minimum ten (10) foot side yard setback on the side adjacent to the residential property. (U) Denotes use permit requirement in these Districts. Table 5-611B - T
Zone name
Commercial Shopping And Service
General category
COMMERCIAL
Zone area
420.54 ac
Source
zoning and development code
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$4.7M
RETAIL STORES
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
OFFICE BUILDING
Est. value
$2.4M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
INDUSTRIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1975
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.72 ac
Current owner
From public records · entity-resolved
Dragon Fly Cg LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1235 S 48TH ST, TEMPE, AZ 85281-6999
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
—
Dragon Fly Cg LLC
Fluid G6 LLC
Special Warranty Deed
—
Jun 14, 2021
—
Dragon Fly G6 LLC
Grro Vi LLC
Special Warranty Deed
$2,400,000 · Midfirst Bank
Dec 23, 2016
—
Grro Vi LLC
—
Deed
related
$13,600,000 · Compass Bk
Jun 13, 2016
—
Grro Vi LLC
—
Deed
related
$3,059,000 · Compass Bk
Oct 23, 2008
$2,650,000
Grro Vi LLC
Lloyd A Charton
Special Warranty Deed
$1,900,000 · Us Bank NA
Oct 14, 2005
$2,100,000
Charton Lloyd A & Stella M Tr
West Willow-tempe LLC
Grant Deed
$700,000 · Centennial Bank
Oct 14, 2005
$1,250,000
West Willow-tempe
Sportswest Holdings LLC
Grant Deed
—
—
—
Grro Vi LLC
—
Deed Of Trust
related
$1,796,000 · Us Bank NA
—
—
Grro Vi LLC
—
Deed Of Trust
related
$3,059,000 · Compass Bk
—
—
Grro Vi LLC
—
Deed Of Trust
related
$13,600,000 · Compass Bk
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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