Technical
Financial
Distress signals
Property profile

2334 Southern Ave Tempe, AZ 85282

OFF-MARKET
Strip malls
Property ID
US07-1896729
33,510 SF 2.85 ac lot Built 1980
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction CONCRETE
Total area 33,510 SF
Lot 2.85 ac (124,190 SF)
Zoning code PCC-1
APN 134-41-933A
UPID US07-1896729

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
  • Church
  • High School Daycare Center

Location

2334 Southern Ave Tempe, AZ 85282-7627
Tempe metro Census 319404 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.85M
CAP Approach CAP
$7.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.85M

Owner & transaction history

since 2024
Last sale
$7.9M
2 recorded transactions
2024
$7.9M
2007
Price N/A

Zoning & alternative use

PCC-1 · Tempe, AZ
Zoning description

The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborhood, community or the metropolitan region. Residential uses may be allowed sub…

General category COMMERCIAL

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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