Property profile

2105 48th St Tempe, AZ 85282

OFF-MARKET
Flex space
Property ID
US07-0410255
13,503 SF 6.92 ac lot Built 1978
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Tempe industrial property, Buttes Business Center I & II, offers a rare opportunity to lease 1,640 square feet of versatile flex/manufacturing space. Located at 2105-2231 S 48th St, Tempe, AZ 85282, this property boasts a total of 16,200 square feet across multiple buildings, providing ample room for expansion. Built in 1966, the buildings feature a desirable 14-foot ceiling height, ideal for various industrial uses. The space is zoned I-1 and situated in the Tempe Southwest Industrial submarket of Maricopa County. The property offers ample parking for employees and clients. Electrical service includes 120V/208A/3-phase power. This multi-tenant property presents a fantastic opportunity for businesses seeking a well-located, functional industrial space in a thriving area. The available space is part of a larger complex, offering potential for growth and collaboration. The property's convenient location in Tempe provides easy access to major transportation routes and a skilled workforce. Don't miss this chance to secure your business's future in this prime industrial location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1978
Construction CONCRETE
Total area 13,503 SF
Lot 6.92 ac (301,566 SF)
Zoning code GID
APN 123-31-001E
UPID US07-0410255

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Drug Testing Service
  • Medical Clinic
  • Logistics Company Moving Company
  • Employment Agency

Location

2105 48th St Tempe, AZ 85282-1019
Tempe metro Census 319709 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2025
Last sale
$35.0M
7 recorded transactions
2025
$35.0M
2021
$33.6M
2017
Price N/A
2007
Price N/A
2001
Price N/A
2000
$11.0M
1996
$8.0M

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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