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Property profile & analytics
FOR LEASE
Office buildings
2415 W Huntington Dr, Tempe, AZ 85282
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-1045485
For Lease
1 / 3
$5,085,000
2415 W Huntington Dr, Tempe, AZ 85282
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
CONCRETE
Total area
14,064 SF
Lot
0.92 ac (40,000 SF)
Zoning code
GID
APN
123-28-122
UPID
US07-1045485
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
-
Community Provider-Enrichment Crisis Center Medical Clinic
-
Cpes Crisis Center Medical Clinic
-
Indigo Paint and Contracting General Contractor
-
Advanced Integration Corporation Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.09M
Owner & transaction history
Arc Tempe 10 LLC · 1 yrs held
Arc Tempe 10 LLC
since 2025
Last sale
$6.5M
3 recorded transactions
Zoning & alternative use
GID · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.3M
+95.7%
Retail stores
$7.4M
+73.9%
Neighborhood: shopping center
$7.2M
+69.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,470,000
6.5%
$4,125,000
7%
$3,830,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,260,000
Current use
INDUSTRIAL (GENERAL)
$8,335,000
Change: +96% · Conversion: Difficult
RETAIL STORES
$7,405,000
Change: +74% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$7,200,000
Change: +69% · Conversion: Difficult
Blend value · Realmo final
$5.09M
Range $4.58M – $5.59M · ±10% · vs last sale $6.50M (May 12 2025)
Last sale anchor
$6.50M
May 12 2025
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
$362 / 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
$17,218
Tax year 2023
Assessed value
$193,248
Assessed 2024
Previous assessed
$256,428
-24.6% YoY
Effective rate
8.91%
On assessed value
Land market value
$326,100
Improvement market value
$845,100
Total market value
$1,171,200
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
14,064 SF
Lot
0.92 ac (40,000 SF)
Zoning code
GID
APN
123-28-122
UPID
US07-1045485
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.3M
INDUSTRIAL (GENERAL)
Est. value
$8.3M
RETAIL STORES
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Arc Tempe 10 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3573 E SUNRISE DR STE #125, TUCSON, AZ 85718-3206
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
$6,500,000
Arc Tempe 10 LLC
Ett Huntington Tech LLC
Special Warranty Deed
—
Nov 2, 2012
$5,000,000
Ett Huntington Tech LLC
Az Eagle Tt Corp
Grant Deed
—
—
—
Eagle Trading & Transacting Corp
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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