Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2204 Southern Ave Tempe, AZ 85282-4346

    • Industrial properties
    • 11,376 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $1,495,000
    Last Sale
    Mar 21, 2024
    $2,100,000
    Location Intelligence
    Property ID
    US07-0164579
    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

    • Industrial properties

    Property Details for 2204 Southern Ave

    Year built
    1980
    Construction
    CONCRETE
    Lot size
    0.92 lot acres
    Property size
    11,376 SF
    Zone code
    GID
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    123-28-078A
    APU
    12328078A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,195,000
      6.5%
      $1,150,000
      7%
      $1,170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,220,000
      Geo Method
      $1,300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,365,000
      Retail
      $1,225,000
      Mixed-Use
      $1,110,000
      Hospitality
      $1,010,000
      Educational
      $1,170,000
      Residential Income
      $1,110,000
      Energy
      $1,340,000
      Income-Based Land
      $1,285,000
      Food Service
      $1,025,000

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.97
    Latitude
    33.3934
    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
    $16,871
    $0.00
    $0.00
    $289,476
    -
    $390,700
    $1,363,700
    $1,754,400

    Comparable in this City

    • Value Estimation by Request
      11,744 SF

      3020 Park Dr

      INDUSTRIAL LOFT BUILDING • 11,744 SF
      3020 Park Dr, Tempe, AZ 85282-3158
      View Details
    • Value Estimation by Request
      12,840 SF

      530 Alameda Dr

      INDUSTRIAL LOFT BUILDING • 12,840 SF
      530 Alameda Dr, Tempe, AZ 85282-2032
      View Details
    • Value Estimation by Request
      13,991 SF

      3005 48th St

      INDUSTRIAL LOFT BUILDING • 13,991 SF
      3005 48th St, Tempe, AZ 85282-3146
      View Details
    • Value Estimation by Request
      11,947 SF

      1220 Geneva Dr

      INDUSTRIAL LOFT BUILDING • 11,947 SF
      1220 Geneva Dr, Tempe, AZ 85282-3433
      View Details
    • Value Estimation by Request
      12,320 SF

      2315 Hardy Dr

      INDUSTRIAL LOFT BUILDING • 12,320 SF
      2315 Hardy Dr, Tempe, AZ 85282-1913
      View Details
    • Value Estimation by Request
      22,925 SF

      3025 48th St

      INDUSTRIAL LOFT BUILDING • 22,925 SF
      3025 48th St, Tempe, AZ 85282-3136
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,750 SF

      Tempe Mission House Opportunity

      Residential, school, live/work, and redevelopment opportunity near ASU.
      1875 E Del Rio Dr, Tempe, AZ 85282
      View Details
    • Contact for pricing
      15,707 SF

      Tempe Industrial Flex Building

      Industrial flex building with data center space for sale.
      1005 W Geneva Dr, Tempe, AZ 85282
      View Details
    • $2,250,000
      7,791 SF

      Tempe Freestanding Building For Sale

      7,791 SF single-tenant building near ASU campus.
      1123 W Broadway Rd, Tempe, AZ 85282
      View Details
    • Contact for pricing
      3,482 SF

      Tempe Restaurant - I-10 & US-60

      High-traffic Tempe restaurant, 3,482 SF.
      0 Sec Of I-10 & Us-60, Tempe, AZ 85282
      View Details
    • $1,100,000
      0.37 Acres

      Tempe Office Building - Investment Opportunity

      Free-standing office building, high income potential.
      2415 Rural Rd, Tempe, AZ 85282
      View Details
    • $3,900,000
      12,072 SF

      Lakeshore OTC Medical Office

      Tempe, AZ medical office building, $3.9M
      4765 Lakeshore Dr, Tempe, AZ 85282
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      8,184 SF

      1115 Fairmont Dr

      Distribution properties • 8,184 SF
      1115 Fairmont Dr, Tempe, AZ 85282
      View Details
    • $16 SF/Yr
      2,190 SF

      Tempe Industrial Space For Lease

      2,190 SF Manufacturing/Warehouse
      3250 Fair Ln, Tempe, AZ 85282
      View Details
    • $1.23 SF/Yr
      49,920 SF

      Tempe Warehouse with Private Yard

      12,400 SF Tempe warehouse with 4,000 SF private yard.
      808 West Geneva Dr, Tempe, AZ 85282
      View Details
    • $1.30 SF/Yr
      5,101 SF

      Tempe Flex Space Available

      5,101 SF flex space available for rent in Tempe.
      1120 W Alameda Dr, Tempe, AZ 85282
      View Details
    • $1.25 SF/Yr
      7,029 SF

      Industrial Warehouse Space Available

      7,029 SF warehouse space for lease in Tempe, AZ.
      4646 S Ash Ave, Tempe, AZ 85282
      View Details
    • Contact for pricing
      7,638 SF

      Tempe Flex Space Available

      7,638 SF flex space with office and warehouse components.
      455 W 21St St, Tempe, AZ 85282
      View Details

    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      1.0k
    • Avg Time on site
      28 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2204 Southern Ave
    Tempe, AZ 85282-4346
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.