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Financial
Distress signals
Property profile

1721 Warner Rd Tempe, AZ 85284

OFF-MARKET
Strip malls
Property ID
US07-0632567
24,809 SF 7.71 ac lot Built 1986
Last sale Jun 2023 · $20,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A retail opportunity is located in the highly desirable Cobblestone Village shopping center at 1721 E Warner Rd, Tempe, AZ 85284, situated at the prominent intersection of Warner Rd & McClintock Dr. The property offers multiple tenancy options, with two spaces currently available, totaling 1,168 square feet to 3,770 square feet. This vibrant shopping center boasts a substantial 764 parking spaces, ensuring ample convenience for customers. The property is zoned PCC by…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$142k
Tax billed · 2023
Assessed value · 2024$2.10M
Effective rate6.77%

Value estimate

· Oct 2026
$19.97M
$17.97M – $21.96M
Submarket $/SF estimate$20.45M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$502/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$255 – $824
Qualifying comparables4

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?
PCC-1
The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neig...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.4
Building Supply15.6
Wholesale Shop13.3

Location

1721 Warner Rd Tempe, AZ 85284-4555
County assessor Recorded deeds · 12 transfers 4 qualifying comp sales 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
1705 Ruby Dr, Tempe, AZ 85284-1060 $425,000 Jan 2025 29,785 SF
7707 Kyrene, Tempe, AZ 85284-1496 $11,250,000 Jul 2022 15,588 SF
8840 Kyrene, Tempe, AZ 85284 $11,500,000 Jun 2022 27,070 SF
8475 Emerald, Tempe, AZ 85284-1064 $535,934 Jun 2021 25,824 SF
1230 Elliot, Tempe, AZ 85284-1100 $18,500,000 Dec 2019 13,980 SF
7760 Priest, Tempe, AZ 85284-1002 $6,602,500 Aug 2019 43,710 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
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