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Property profile & analytics
OFF-MARKET
Estimated value
$104,370,000
Specialty properties
1720 Broadway Rd Tempe, AZ 85282-1577
Entity Owned
20-yr Hold
Property ID
US07-3469701
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2003
Construction
STEEL FRAME
Total area
5,285 SF
Lot
14.58 ac (635,092 SF)
Zoning code
R-3
APN
133-06-010
UPID
US07-3469701
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
-
Evantrium (Bike/Boat/Book/etc) Store Corporate Office
-
FusionPhoto360 Photography Service Party Supply Store
-
San Marbeya Apartment Complex Apartment Building
-
Online Growth Builders | By Aaron Paul (Bike/Boat/Book/etc) Store Corporate Office
-
Spot Me Marketing Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$106.58M
Blend (final)
Blend
$104.37M
Owner & transaction history
Marbeya Az LLC · 20 yrs held
Marbeya Az LLC
since 2005
6 recorded transactions
Zoning & alternative use
R-3 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1-5, and R1-4) C. Single-Family Residential Planned Area Development (R1-PAD) (requires a PAD Overlay) D. Multi-Family Residential (R-2) E. Multi-Family Residential Restricted (R-3R) F. Multi-Family Residential Limited (R-3) G. Multi-Family Residential General (R-4) H. Multi-Family Residential High Density (R-5) I. Manufactured Housing Subdivision (MHS) J. M…
Zone name
Multifamily Residential Limited
General category
CIVIC_INSTITUTIONAL
Zone area
1,089.35 ac
Source
zoning and development code
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
Blend value · Realmo final
$104.37M
Range $93.93M – $114.81M · ±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
$19,748 / 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
$402,706
Tax year 2023
Assessed value
$9,223,260
Assessed 2024
Previous assessed
$7,102,470
+29.9% YoY
Effective rate
4.37%
On assessed value
Land market value
$18,446,500
Improvement market value
$73,786,100
Total market value
$92,232,600
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
45
Stories
1
Units
276
Total area
5,285 SF
Lot
14.58 ac (635,092 SF)
Zoning code
R-3
APN
133-06-010
UPID
US07-3469701
Jurisdiction
MARICOPA
Zoning & alternative use
R-3 · Tempe, AZZoning R-3 · permitted uses
R-3 · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1-5, and R1-4) C. Single-Family Residential Planned Area Development (R1-PAD) (requires a PAD Overlay) D. Multi-Family Residential (R-2) E. Multi-Family Residential Restricted (R-3R) F. Multi-Family Residential Limited (R-3) G. Multi-Family Residential General (R-4) H. Multi-Family Residential High Density (R-5) I. Manufactured Housing Subdivision (MHS) J. Mobile Home Residence (RMH) K. Trailer Park (TP) (Ord. No. 2005.46, 8-18-2005) Secti
Zone name
Multifamily Residential Limited
General category
CIVIC_INSTITUTIONAL
Zone area
1,089.35 ac
Source
zoning and development code
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
45
Units
276
Lot
14.58 ac
Current owner
From public records · entity-resolved
Marbeya Az LLC
Entity
Mailing address
8899 UNIVERSITY CTR LN STE #300, SAN DIEGO, CA 92122-1021
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2019
—
Marbeya Az LLC
—
Deed
related
$35,350,000 · Cbre Multifamily Cap
Sep 1, 2005
$37,536,000
Marbeya Az LLC
Mt Broadway & Mcclintock LLC
Grant Deed
$24,369,407 · Teachers Insurance & Annuity
Dec 7, 2004
—
Mt Broadway & Mcclintock LLC
—
Deed Of Trust
related
$24,500,000 · Teachers Insurance & Annuity
—
—
Marbeya Az LLC
—
Deed Of Trust
related
$35,350,000 · Cbre Multifamily Cap
—
—
Marbeya Az LLC
—
Deed Of Trust
related
$29,000,000 · Massachusetts Mutual Life Ins
—
—
Marbeya Az LLC
—
Deed Of Trust
related
$8,500,000 · Teachers Insurance & Annuity
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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