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Financial
Distress signals
Property profile

2405 Southern Ave Tempe, AZ 85282

OFF-MARKET
Office buildings
Property ID
US07-1030512
4,480 SF 0.91 ac lot Built 1979
Last sale Feb 2024 · $4,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 4,327 square foot medical office condominium, located in Building B of the Hudson Place Professional Condominiums at 2405 E Southern Ave, Tempe, AZ 85282 (APN 134-44-361A), presents a unique owner-user investment opportunity. The property, built in 1979 and currently undergoing renovations, is classified as a Class B multi-tenancy building with a general office buildout. It's zoned RO & PCC-1 and offers ample parking, with a ratio of 5.59 spaces per 1,000 square feet. Situated at the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$134k
Effective rate8.77%

Value estimate

· Oct 2026
$16.21M
$14.59M – $17.83M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$303/SF
ZIP average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$138 – $652
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RO
The R/O district allows professional and administrative services, live work, and limited retail uses on small parcels located between hig...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm35.3
Realty agency31.9
Building Supply23.2

Location

2405 Southern Ave Tempe, AZ 85282-7611
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1852 Southern, Tempe, AZ 85282-5886 $887,500 Nov 2025 3,170 SF
2315 Fairmont, Tempe, AZ 85282-3152 $15,650 Jun 2025 6,346 SF
424 Broadway, Tempe, AZ 85282-1309 $1,500,000 Nov 2024 6,060 SF
2101 Broadway, Tempe, AZ 85282-1879 $460,000 Jul 2024 3,604 SF
512 Southern, Tempe, AZ 85282-5209 $1,200,000 Jun 2024 4,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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