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Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Flex space
2305 Huntington Dr Tempe, AZ 85282-3129
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-3370930
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Construction
CONCRETE
Total area
14,294 SF
Lot
0.92 ac (40,000 SF)
Zoning code
GID
APN
123-28-082
UPID
US07-3370930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Green Energy Inc. Production Facility
-
Heliocool Misting & Fog Effects General Contractor
-
Sun Splash Solar Pool Heating Production Facility
-
SunSplash Solar Production Facility
-
Solahart West USA Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
Huntington Tempe LLC · 1 yrs held
Huntington Tempe LLC
since 2024
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,645,000
ML approach
$3,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.65M
Range $3.28M – $4.01M · ±10% · vs last sale $3.65M (Oct 9 2024)
Last sale anchor
$3.65M
Oct 9 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$255 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,089
Tax year 2023
Assessed value
$279,081
Assessed 2024
Previous assessed
$279,081
+0.0% YoY
Effective rate
5.76%
On assessed value
Land market value
$339,000
Improvement market value
$1,352,400
Total market value
$1,691,400
Applied tax rate
31,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
14,294 SF
Lot
0.92 ac (40,000 SF)
Zoning code
GID
APN
123-28-082
UPID
US07-3370930
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Huntington Tempe LLC
Entity
Free & Clear · 1 yrs held
Mailing address
122 S SHERMAN ST, ANAHEIM, CA 92805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
$3,645,000
Huntington Tempe LLC
Sun Future LLC
Special Warranty Deed
—
Jan 2, 2007
$1,535,000
Sun Future LLC
Ffh Rental I LLC
Grant Deed
$767,500 · Zions First National Bank
Aug 7, 2003
—
Ffh Rental LLC
West 1031 Exchange 03-06-0019
Grant Deed
related
—
Jun 20, 2003
$1,000,000
Westcor 1031 Exchange 03060019
Highland/avenue Industrial Ll
Grant Deed
$965,000 · Ffh Rental I LLC
Apr 2, 2001
$785,000
Highland/avenue Industrial LLC
Association Fraternelle Romand
Grant Deed
$556,000 · M & I Thunderbird Bank
Feb 3, 1995
$585,000
Association Fraternelle Romande
Allundh Limited Liability
Trustees Deed
—
Nov 10, 1994
$450,000
Allundh Limited Liability Co
Arizona Western
Trustees Deed
—
Aug 18, 1994
$380,000
First Interstate Bank Of Arizona
Desert Craft Inv
Trustees Deed
related
—
Feb 3, 1993
—
Arizona Western Manufacturing Co
Desert Craft Inv
Grant Deed
related
—
—
—
Arizona Western Manufacturing Co
—
Deed Of Trust
related
—
—
—
Highland/avenue Industrial LLC
—
Deed Of Trust
related
$50,000 · M & I Marshall & Isley Bank
—
—
Ffh Rental I LLC
—
Deed Of Trust
related
$600,000 · Camelback Community Bank
—
—
L L C Allundh
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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