Financial
Distress signals
Property profile

2024 1st St Tempe, AZ 85281

OFF-MARKET
Flex space
Property ID
US07-3281463
13,320 SF 0.97 ac lot Built 1998
Last sale Dec 2024 · $3,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value · 2024$333k
Effective rate7.52%

Value estimate

· Sep 2026
$1.66M
$1.49M – $1.82M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,460/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$203 – $2,537
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.6
Nail Salon9.4
Hair Salon8.8

Location

2024 1st St Tempe, AZ 85281-7299
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1719 University, Tempe, AZ 85281-3256 $37,609,860 Dec 2023 10,302 SF
1744 10th, Tempe, AZ 85281-5208 $2,500,000 Aug 2023 12,000 SF
2404 14th, Tempe, AZ 85281-6929 $12,640,000 Nov 2021 12,303 SF
2400 Medtronic, Tempe, AZ 85281-5141 $8,143,000 Oct 2021 11,642 SF
940 Park, Tempe, AZ 85281-5106 $8,143,000 Oct 2021 10,660 SF
140 Lindon, Tempe, AZ 85281-7624 $2,400,000 Feb 2020 19,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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