Property profile

2340 Broadway Rd Tempe, AZ 85282

OFF-MARKET
Flex space
Property ID
US07-0398197
15,720 SF 0.95 ac lot Built 1972
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1972
Construction CONCRETE
Total area 15,720 SF
Lot 0.95 ac (41,382 SF)
Zoning code GID
APN 134-36-004G
UPID US07-0398197

Cap rate & NOI

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

Location

2340 Broadway Rd Tempe, AZ 85282-1707
Tempe metro Census 319300 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.65M
Blend (final) Blend
$630k

Owner & transaction history

since 2007
7 recorded transactions
2007
Price N/A
2000
$45,000
2000
Price N/A
1998
$216,500
1996
Price N/A
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

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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