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Property profile & analytics
OFF-MARKET
Estimated value
$9,005,000
Office buildings
1915 Apache Blvd, Tempe, AZ 85281-6075
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-3369585
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
STEEL FRAME
Total area
1,740 SF
Lot
2.01 ac (87,690 SF)
Zoning code
CSS
APN
133-03-004A
UPID
US07-3369585
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apache Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.01M
Owner & transaction history
Kbp Investment 1 LLC · 1 yrs held
Kbp Investment 1 LLC
since 2024
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
CSS · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,005,000
ML approach
$9,005,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.01M
Range $8.10M – $9.91M · ±10% · vs last sale $9.00M (Oct 1 2024)
Last sale anchor
$9.00M
Oct 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$5,175 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,634
Tax year 2023
Assessed value
$802,065
Assessed 2024
Previous assessed
$802,065
+0.0% YoY
Effective rate
5.32%
On assessed value
Land market value
$2,627,200
Improvement market value
$2,257,681
Total market value
$4,884,881
Applied tax rate
31,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
58
Total area
1,740 SF
Lot
2.01 ac (87,690 SF)
Zoning code
CSS
APN
133-03-004A
UPID
US07-3369585
Jurisdiction
MARICOPA
Zoning & alternative use
CSS · Tempe, AZ
Zoning CSS · permitted uses
CSS · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
58
Lot
2.01 ac
Current owner
From public records · entity-resolved
Kbp Investment 1 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3500 S RURAL RD, TEMPE, AZ 85282-5405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
Kbp Investment 1 LLC
Apache Hotel LLC
Warranty Deed
—
Oct 1, 2024
$8,725,000
W J Richardson & Sons Co LLC
Kbp Investment 1 LLC
Special Warranty Deed
—
Oct 1, 2024
$9,004,000
The City Of Tempe
Wj Richardson & Sons Co LLC
Special Warranty Deed
—
Oct 24, 2023
—
Apache Hotel LLC
—
Deed
related
—
Jun 23, 2009
—
Apache Hotel LLC
Kvs Hotels LLC
Warranty Deed
—
May 6, 2005
—
City Of Tempe
Kvs Hotels LLC
Warranty Deed
related
—
Jun 30, 2003
$1,400,000
Kvs Hotels LLC
Patel,anil L & Dina A
Grant Deed
—
May 21, 1998
—
Tempe City (az)
Patel,anil L & Dina A
Grant Deed
related
—
Feb 24, 1997
—
Anil L Patel
Dahyabhai R Patel
Quit Claim Deed
related
—
Mar 27, 1996
$255,000
Dahyabhai R Patel
Dallas W Tourney INC
Grant Deed
$155,000 · Seller
Apr 3, 1995
—
Dallas W Tourney INC
Elliott
Trustees Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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