Property profile

2315 Fairmont Dr Tempe, AZ 85282

OFF-MARKET
Office buildings
Property ID
US07-0949703
6,346 SF 0.45 ac lot Built 1985
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property is an industrial flex space within a multi-tenant industrial park totaling approximately 77,525 square feet, contiguous to a neighboring unit at 13,699 square feet. This unit provides approximately 7,072 square feet and is suitable for warehouse or other industrial uses. Key building features include air-conditioned and evaporatively cooled interior spaces, heavy electrical power, and grade-level roll-up doors measuring 10’ x 12’. Clear ceiling height ranges from 14’ to 16’. The interior layout includes one breakroom, two restrooms, and a bullpen area, along with ample on-site parking. The site is positioned for centralized access to I-10, SR-143, and Sky Harbor International Airport.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction CONCRETE
Total area 6,346 SF
Lot 0.45 ac (19,637 SF)
Zoning code GID
APN 123-28-132
UPID US07-0949703

Cap rate & NOI

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

Location

2315 Fairmont Dr Tempe, AZ 85282-3152
Tempe metro Census 319709 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.86M
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$9.34M

Owner & transaction history

since 2025
Last sale
$15,650
7 recorded transactions
2025
$15,650
2021
$11.3M
2020
Price N/A
2018
$4.0M
2012
Price N/A
2001
$6.1M
1998
$4.6M

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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