Entity Owned Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Law Firm
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Law Firm
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Plumbing Service General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The CC district fosters employment and livability in Tempe City Center, generally bounded by the Town Lake to the North, the railroad tracks to the West, University Drive to the South and rural road to the East, by provi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC · Tempe, AZThe CC district fosters employment and livability in Tempe City Center, generally bounded by the Town Lake to the North, the railroad tracks to the West, University Drive to the South and rural road to the East, by provi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The CC district fosters employment and livability in Tempe City Center, generally bounded by the Town Lake to the North, the railroad tracks to the West, University Drive to the South and rural road to the East, by provi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Tempe, AZ.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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