Technical
Financial
Distress signals
Property profile

1850 University Dr Tempe, AZ 85288

OFF-MARKET
Retail space
Property ID
US07-1282703
5,130 SF 0.43 ac lot Built 1980
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction CONCRETE
Total area 5,130 SF
Lot 0.43 ac (18,592 SF)
Zoning code GID
APN 132-40-021A
UPID US07-1282703

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
  • Boat Rental Service Fiberglass Repair Service

Location

1850 University Dr Tempe, AZ 85288-4242
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
$1.94M
Blend (final) Blend
$1.93M

Owner & transaction history

since 2012
4 recorded transactions
2012
$1.0M
2012
$313,600
1998
$350,000
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

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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