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    Property profile & analytics

    20 University Dr Tempe, AZ 85281-5617

    • Turn key restaurants
    • 3,600 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 05, 2021
    Location Intelligence
    Property ID
    US07-0088214
    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.

    Current Use by Public Records

    • Suzuki Law Offices, L.L.C. / Law Firm / Criminal Justice Attorney
    • Wells Fargo ATM / Atm

    Property Details for 20 University Dr

    Year built
    1950
    Construction
    CONCRETE
    Lot size
    0.23 lot acres
    Property size
    3,600 SF
    Zone code
    C-C
    Property type
    Turn key restaurants
    APN
    132-27-152
    APU
    13227152

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.939
    Latitude
    33.4223
    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
    $16,088
    $0.00
    $0.00
    $192,728
    -
    $796,400
    $371,648
    $1,168,048

    Comparable in this City

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      2,070 SF

      603 University Dr

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      603 University Dr, Tempe, AZ 85281-3409
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      118 7th St

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      1639 Apache Blvd

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      5,815 SF

      414 University Dr

      RESTAURANT • 5,815 SF
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      4,332 SF

      24 5th St

      RESTAURANT • 4,332 SF
      24 5th St, Tempe, AZ 85281-3614
      View Details

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    Similar Nearby for Lease

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      Tempe Restaurant/Retail Space Available

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      1,167 SF restaurant space for lease near ASU.
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      Restaurant Build Out with Patio

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    Property Visit Statistics

    • Visits by month
      5.3k
    • Visitors by month
      4.1k
    • Avg Time on site
      31 min
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    20 University Dr
    Tempe, AZ 85281-5617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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