Property profile

1865 Broadway Rd Tempe, AZ 85282

OFF-MARKET
Specialty properties
Property ID
US07-1219921
2,980 SF 10.61 ac lot Built 1972
Entity Owned 1-yr Hold
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1972
Construction STEEL FRAME
Total area 2,980 SF
Lot 10.61 ac (462,003 SF)
Zoning code R-3
APN 133-44-028D
UPID US07-1219921

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
  • Apartment Complex Apartment Building

Location

1865 Broadway Rd Tempe, AZ 85282-1624
Tempe metro Census 319403 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$60.10M
Blend (final) Blend
$55.98M

Owner & transaction history

since 2024
Last sale
$53.1M
7 recorded transactions
2024
$40.0M
2021
$53.1M
2000
Price N/A
1999
Price N/A
1998
Price N/A
1997
Price N/A
1995
Price N/A

Zoning & alternative use

R-3 · Tempe, AZ
Zoning description

1-5, and R1-4) C. Single-Family Residential Planned Area Development (R1-PAD) (requires a PAD Overlay) D. Multi-Family Residential (R-2) E. Multi-Family Residential Restricted (R-3R) F. Multi-Family Residential Limited (…

General category CIVIC_INSTITUTIONAL

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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