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    180 Ash Ave, Unit 5 Tempe, AZ 85281-2832
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    Property profile & analytics

    180 Ash Ave, Unit 5 Tempe, AZ 85281-2832


    • Office buildings
    • 2,646 SF
    • 0.03 lot acres
    Off-Market
    Last Sale Dec 28, 2024
    $1,100,000
    Property ID
    US07-2190768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,020,000
    Show details
    Cap Rate Potential
    4%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • The Law Office of Kyle T. Green PLLC / Law Firm
    • Richardson David L / Law Firm
    • Munoz Law Office / Law Firm
    • UNDERKUT PIPELINE LLC / Plumbing Service / General Contractor

    Property Details for 180 Ash Ave

    Year built
    1910
    Construction
    CONCRETE
    Lot size
    0.03 lot acres
    Property size
    2,646 SF
    Zone code
    CC
    Property type
    Office buildings
    APN
    132-29-980
    APU
    13229980

    Description

    This exceptional 2,900 square foot executive office building, located at 180 S Ash Ave in Tempe, Arizona (zip code 85281), presents a unique investment opportunity. Originally constructed in 1910 and renovated in 1990, this two-story building sits on a 0.24-acre lot (APN 132-29-980) and is zoned for Pad, City of Tempe. The property boasts neo-classical architecture, showcasing rusticated concrete block construction, a testament to its rich history. Relocated in 1970 to its current location, this historically significant building offers a blend of classic charm and modern functionality. Its single-tenancy setup provides a private and prestigious workspace. The building's historical significance, combined with its prime Tempe location, makes it an ideal owner-user investment. The asking price is $1,300,000. This is a rare chance to own a piece of Tempe's history while enjoying the benefits of a modern, well-maintained commercial space. The property's unique character and prestigious address are sure to impress clients and visitors alike. Don't miss this opportunity to acquire a truly distinctive commercial property in a thriving Arizona market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,275,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $840,000
      6.5%
      $775,000
      7%
      $720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,023,000
      Market price range: $116k - $1.83M
      AI Estimate
      $854,000
      Market price range: $116k - $1.59M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $715,000
      Current use
      RETAIL STORES
      $1,395,000
      Change: +96% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,330,000
      Change: +86% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.943
    Latitude
    33.4287
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,968
    $0.00
    $0.00
    $83,655
    -
    $101,400
    $405,600
    $507,000
    More about this property
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