Property profile

1858 Encanto Dr Tempe, AZ 85281

OFF-MARKET
Distribution centers
Property ID
US07-0398726
81,100 SF 4.67 ac lot Built 1990
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1990
Construction CONCRETE
Total area 81,100 SF
Lot 4.67 ac (203,382 SF)
Zoning code GID
APN 133-05-008
UPID US07-0398726

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
  • Trucking Company
  • Auto Parts Store
  • (Bike/Boat/Book/etc) Store Specialty Food Shop
  • Auto Parts Store

Location

1858 Encanto Dr Tempe, AZ 85281-6086
Tempe metro Census 319202 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
$14.90M
Blend (final) Blend
$4.59M

Owner & transaction history

since 2025
Last sale
$17.5M
7 recorded transactions
2025
$17.5M
2013
Price N/A
2010
$4.5M
2004
Price N/A
1998
$3.3M
1994
Price N/A
1993
$1.9M

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
Office building $21.8M +40.2%

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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