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Property profile & analytics
OFF-MARKET Estimated value $10,745,000
Flex space

1917 1st St Tempe, AZ 85281-7240

13,319 SF 1.13 ac lot Built 1995
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-0935834
Property summary
AI-generated overview

This exceptional single-tenant industrial warehouse, located at 1917-1965 West 1st Street, offers 33,400 square feet of versatile space. The property sits on a generous 2.06-acre lot, providing ample room for operations and future expansion. The warehouse boasts a 20-foot clear ceiling height, ideal for high-volume storage and efficient material handling. Loading and unloading are facilitated by five dock-high doors and two drive-in doors, ensuring smooth and efficient logistics. With 74 total parking spaces available, accommodating employees and visitors is effortless. This property presents a unique opportunity for businesses seeking a well-equipped, strategically located warehouse to support their growth and operational needs. The substantial size, combined with the convenient features, makes this an attractive option for a variety of industrial uses. The ample parking and expansive land area further enhance the property's appeal and functionality. This is a turnkey solution for businesses seeking immediate occupancy and operational efficiency. The property's design and features are well-suited for distribution and warehousing operations, offering a competitive advantage in the market. The combination of size, features, and location makes this an exceptional opportunity.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1995
Construction CONCRETE
Total area 13,319 SF
Lot 1.13 ac (49,203 SF)
Zoning code GID
APN 124-38-251A
UPID US07-0935834
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
  • AV Concepts IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.75M
Owner & transaction history
Lcg2i 2424 21st Street LLC · 1 yrs held
Lcg2i 2424 21st Street LLC
since 2024
Last sale
$10.7M
5 recorded transactions
2024
$10.7M
2021
$8.6M
2015
$3.3M
1999
Price N/A
1995
$167,059
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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