Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,455,000
Industrial properties
1923 5th St Tempe, AZ 85288-2952
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-3284589
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2006
Construction
CONCRETE
Total area
10,773 SF
Lot
0.55 ac (24,142 SF)
Zoning code
GID
APN
132-39-015
UPID
US07-3284589
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
-
Aqua Science Now Proudly Pentair General Contractor
-
Cactus Rose Construction Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.46M
Owner & transaction history
Matthew Gambetta · 3 yrs held
Matthew Gambetta
since 2023
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.0M
+76.3%
Medical building
$2.2M
+29.4%
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
$2,485,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,510,000
7%
$1,400,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,705,000
Current use
OFFICE BUILDING
$3,005,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$2,205,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$2.46M
Range $2.21M – $2.70M · ±10% · vs last sale $2.76M (Mar 30 2023)
Last sale anchor
$2.76M
Mar 30 2023
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
$228 / 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
$16,864
Tax year 2023
Assessed value
$277,514
Assessed 2024
Previous assessed
$203,779
+36.2% YoY
Effective rate
6.08%
On assessed value
Land market value
$796,600
Improvement market value
$885,300
Total market value
$1,681,900
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
10,773 SF
Lot
0.55 ac (24,142 SF)
Zoning code
GID
APN
132-39-015
UPID
US07-3284589
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Matthew Gambetta
Individual
Mailing address
1923 E 5TH ST, TEMPE, AZ 85288-2952
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Mar 30, 2023
—
Matthew Gambetta
Sion Realty Partners II LLC
Special Warranty Deed
—
Mar 30, 2023
$2,760,000
Beast Mode Holdings LLC
Matthew Gambetta
Special Warranty Deed
$2,360,000 · Mountain America FCU
Dec 8, 2020
$1,335,000
Sion Realty Partners II LLC
Dj 5th St LLC
Warranty Deed
$877,500 · Bankers Trust Company NA
Aug 9, 2016
—
Dj 5th St LLC
—
Deed
related
$522,000 · Newtek Small Busn Fin
Feb 10, 2014
$894,159
Dj 5th St LLC
Rreg Investments Series LLC Series
Warranty Deed
$483,900 · Meadow Bank
Apr 5, 2013
—
Rreg Invs Series LLC Seri I008
Rincon Real Estate Group INC
Grant Deed
—
Mar 29, 2013
$560,734
Rincon Real Estate Group INC
Saxton Robert W
Trustees Deed
related
—
Aug 17, 2006
$1,239,000
Rodah LLC
Mak Building Development LLC
Special Warranty Deed
$1,070,600 · Us Bank NA
—
—
Dj 5th St LLC
—
Deed Of Trust
related
$483,900 · Business Development Corp
—
—
Rodah LLC
—
Deed Of Trust
related
$32,200 · Us Bank NA
—
—
Dj 5th St LLC
—
Deed Of Trust
related
$522,000 · Newtek Small Busn Fin
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1923 5th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
