Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$35,175,000
Hotels
1780 Rnch Rd Tempe, AZ 85284-2003
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-2289920
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2014
Construction
CONCRETE
Total area
104,203 SF
Lot
2.96 ac (129,023 SF)
Zoning code
GID
APN
301-59-851
UPID
US07-2289920
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
-
Drury Inn & Suites Phoenix Tempe Hotel & Motel
-
society Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$35.39M
Blend (final)
Blend
$35.18M
Owner & transaction history
Drury Dev Corp · 7 yrs held
Drury Dev Corp
since 2019
1 recorded transaction
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
4,720.51 ac
Source
Realmo
Top alternative use upside
Industrial (general)
$55.1M
+32.8%
Retail stores
$54.9M
+32.3%
Neighborhood: shopping center
$52.3M
+26.2%
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
HOTEL/MOTEL
$41,475,000
Current use
INDUSTRIAL (GENERAL)
$55,085,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$54,875,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$52,320,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$35.18M
Range $31.66M – $38.69M · ±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
$338 / 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
$242,853
Tax year 2023
Assessed value
$3,123,237
Assessed 2024
Previous assessed
$2,656,862
+17.6% YoY
Effective rate
7.78%
On assessed value
Land market value
$1,843,800
Improvement market value
$17,084,912
Total market value
$18,928,712
Applied tax rate
281,600.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2014
Construction
CONCRETE
Heating
HEAT PUMP
Stories
7
Units
180
Total area
104,203 SF
Lot
2.96 ac (129,023 SF)
Zoning code
GID
APN
301-59-851
UPID
US07-2289920
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZZoning GID · permitted uses
GID · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
4,720.51 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$41.5M
INDUSTRIAL (GENERAL)
Est. value
$55.1M
RETAIL STORES
Est. value
$54.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$52.3M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2014
Construction
CONCRETE
Heating
HEAT PUMP
Stories
7
Units
180
Lot
2.96 ac
Current owner
From public records · entity-resolved
Drury Dev Corp
Entity
Mailing address
13075 MANCHESTER RD #200, SAINT LOUIS, MO 63131-1836
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2019
—
Drury Dev Corp
—
Grant Deed
related
$123,000,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1780 Rnch Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
