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    1929 Rio Salado Pkwy Tempe, AZ 85288-2239
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    Property profile & analytics

    1929 Rio Salado Pkwy, Tempe, AZ 85288-2239

    View on Map
    • Hotels
    • 154,778 SF
    • 2.62 lot acres
    Off-Market
    Last Sale Jul 11, 2022
    Property ID
    US07-0010963
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $24,960,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Way Station Restaurant & Bar / Restaurant
    • Fairfield Inn & Suites Tempe / Hotel & Motel
    • TownePlace Suites Tempe / Hotel & Motel

    Property Details for 1929 Rio Salado Pkwy

    Year built
    2023
    Lot size
    2.62 lot acres
    Property type
    Hotels
    APN
    132-38-024
    APU
    13238024

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 10, 2025 — Ekn Tempe LLC — Deed · related $26.5M · Bank Of America NA
    Jul 11, 2022 — Ekn Tempe LLC Quemado Partners LLC Quit Claim Deed · related $24.5M · Hs Az Tempe LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $25,211,000
      Market price range: $25.2M - $113M
      AI Estimate
      $24,703,000
      Market price range: $20.2M - $109M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.903
    Latitude
    33.4285
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,149
    $0.00
    $0.00
    $2,206,811
    -
    $3,761,600
    $9,613,009
    $13,374,609

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    Tempe, AZ 85288-2239
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