Property profile

1812 Apache Blvd Tempe, AZ 85281

OFF-MARKET
Bars & Pubs
Property ID
US07-2184643
3,020 SF 0.55 ac lot Built 1940
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Retail space located at the intersection of Apache Boulevard and McClintock Drive, approximately one mile from Arizona State University and one mile from the 101 Freeway, with light rail frontage at the area’s busiest station in Arizona. The space has monument signage availability and totals 1,764 square feet. Parking is provided through shared use with the adjacent building, Tempe Tavern, totaling 25 spaces. A tenant improvement package is available to support customization of the retail space, and the property is situated within a planning context that includes more than 1,500 upcoming housing units near the Apache and McClintock intersection.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1940
Construction CONCRETE
Total area 3,020 SF
Lot 0.55 ac (24,075 SF)
Zoning code CSS
APN 132-66-055B
UPID US07-2184643

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1812 Apache Blvd Tempe, AZ 85281-6006
Tempe metro Census 319201 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.67M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2024
Last sale
$1.3M
2 recorded transactions
2024
$1.3M
2010
Price N/A

Zoning & alternative use

CSS · Tempe, AZ
Zoning description

balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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