Property profile

2173 5th St Tempe, AZ 85288

OFF-MARKET
Flex space
Property ID
US07-1339386
8,405 SF 0.52 ac lot Built 1981
Entity Owned 27-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1981
Construction CONCRETE
Total area 8,405 SF
Lot 0.52 ac (22,600 SF)
Zoning code GID
APN 132-37-136
UPID US07-1339386

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
  • Hardware & Home Improvement Building Supply

Location

2173 5th St Tempe, AZ 85288-3035
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$510k

Owner & transaction history

since 1999
7 recorded transactions
2019
Price N/A
2018
Price N/A
1999
Price N/A
1998
$860,000
1988
$800,000
1969
Price N/A
1969
Price N/A

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
Top alternative use upside
Office building $2.3M +76.3%
Medical building $1.7M +29.4%

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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