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Property profile & analytics
OFF-MARKET
Flex space

1735 10th St Tempe, AZ 85281-5207

12,000 SF 0.96 ac lot Built 1980
Trust Owned 33-yr Hold Free & Clear
Property ID
US07-1401441
Property summary
AI-generated overview

This Tempe, Arizona industrial property, located at 1735 W 10th St, 85281, presents a unique owner-user opportunity. The property encompasses 34,754 square feet across two buildings: a 28,754 square foot main building and a 6,000 square foot R&D building. The facility boasts 100% HVAC, GID zoning, and substantial power with 2,800 AMPS 277/480. Loading needs are served by three 12'x12' roll-up doors. Ample parking is available with 92 spaces, 13 of which are covered. Recent improvements include a new roof (2023), repaved and restriped parking lot (2023), and exterior painting of both buildings (2020). The property features eight cranes: one 5-ton, five 2-ton, one 1-ton, and one 1000lb crane. The manufacturing area includes approximately ten 6-foot thick reinforced concrete slabs. The asking price for this vacant manufacturing facility is $7,000,000, translating to $201.42 per square foot. This property is situated in Maricopa County and offers significant potential for a variety of manufacturing or industrial uses.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1980
Construction CONCRETE
Total area 12,000 SF
Lot 0.96 ac (41,992 SF)
Zoning code GID
APN 124-60-003T
UPID US07-1401441
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
  • Flex LTD Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
John,j & Anita J Costabile Trust · 33 yrs held
John,j & Anita J Costabile Trust
since 1993
Last sale
$6.3M
1 recorded transaction
1993
Price N/A
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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