Technical
Financial
Distress signals
Property profile

1865 Indian Bnd Rd Tempe, AZ 85288

OFF-MARKET
Warehouses
Property ID
US07-3438368
11,952 SF 1.19 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction CONCRETE
Total area 11,952 SF
Lot 1.19 ac (51,837 SF)
Zoning code I-1
APN 134-36-004T
UPID US07-3438368

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

Location

1865 Indian Bnd Rd Tempe, AZ 85288-4929
Tempe metro Census 319300 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
$2.54M
Blend (final) Blend
$770k

Owner & transaction history

since 2019
7 recorded transactions
2020
Price N/A
2019
Price N/A
2016
$1.2M
2007
Price N/A
2004
Price N/A
2004
$950,000
1969
Price N/A

Zoning & alternative use

I-1 · Tempe, AZ
Top alternative use upside
Office building $3.3M +44.3%
Medical building $2.4M +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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