Technical
Financial
Distress signals
Property profile

1842 3rd St Tempe, AZ 85288

OFF-MARKET
Warehouses
Property ID
US07-3151109
13,432 SF 0.24 ac lot Built 1987
Entity Owned 26-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction CONCRETE
Total area 13,432 SF
Lot 0.24 ac (10,265 SF)
Zoning code GID
APN 132-41-052
UPID US07-3151109

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Freight Service Logistics Company
  • (Bike/Boat/Book/etc) Store Printing Service
  • Hardware & Home Improvement Production Facility

Location

1842 3rd St Tempe, AZ 85288-2985
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.00M
Blend (final) Blend
$230k

Owner & transaction history

since 1999
7 recorded transactions
1999
$190,000
1992
$176,569
1988
$175,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GID · Tempe, AZ
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.

General category INDUSTRIAL
Top alternative use upside
Medical building $2.8M +5.9%

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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