New search
Property profile & analytics
OFF-MARKET
Medical Office Space
2415 Rural Rd Tempe, AZ 85282-2440
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0901684
Property summary
AI-generated overview
This ±2,800 square foot free-standing medical office building is ideally situated in Tempe, Arizona, at 2415 S Rural Rd, between E Concorda Dr and E Loma Vista Dr (Rural Rd & Loma Vista Dr). Built in 1972, the property boasts a convenient 7.86 parking spaces per 1,000 square feet ratio. The building features multiple tenancies and is zoned C (Commercial). The Maricopa County property (APN 133-42-001) offers executive offices, a bathroom with a shower, and additional basement office space. Its central Tempe location provides easy access to shopping amenities, Arizona State University (less than 10 minutes away), and the I-202 freeway. The property benefits from convenient access to the US 60 and is currently undergoing capital improvements. This presents a unique opportunity for investors or businesses seeking a well-located medical office space in a thriving area. The property is available for both sale and lease.
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1969
Construction
CONCRETE
Total area
1,063 SF
Lot
0.37 ac (16,143 SF)
Zoning code
RO
APN
133-42-001
UPID
US07-0901684
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
-
Lines Ruskin DDS Dental Office
-
Dr. Paul A. Lines, DDS Dental Office
-
Dr. Christopher A. Lines, DDS Dental Office
-
Lines & Lines Dental Office
-
Oral And Maxilliofacial Surgery Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
I Sq 2415 Rural LLC · 1 yrs held
I Sq 2415 Rural LLC
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
RO · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,786
Tax year 2022
Assessed value
$145,830
Assessed 2024
Previous assessed
$119,799
+21.7% YoY
Effective rate
5.34%
On assessed value
Land market value
$638,400
Improvement market value
$245,416
Total market value
$883,816
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
3
Stories
1
Units
3
Total area
1,063 SF
Lot
0.37 ac (16,143 SF)
Zoning code
RO
APN
133-42-001
UPID
US07-0901684
Jurisdiction
MARICOPA
Zoning & alternative use
RO · Tempe, AZ
Zoning RO · permitted uses
RO · 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.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
3
Units
3
Lot
0.37 ac
Current owner
From public records · entity-resolved
I Sq 2415 Rural LLC
Entity
Mailing address
904 E LOYOLA DR, TEMPE, AZ 85282-3811
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
$1,000,000
I Sq 2415 Rural LLC
Phuong T Do
Special Warranty Deed
$423,000 · The Mortgage Capital Development Co
May 2, 2025
—
I Sq 2415 Rural LLC
—
Deed
related
$409,600 · Umpqua Bank
Dec 1, 2022
$700,000
Phuong T Do
Anderson & Leckie Properties LLC
Special Warranty Deed
—
Mar 18, 2022
$600,000
Anderson & Leckie Properties LLC
Trader Holdings LLC
Special Warranty Deed
$480,000 · Boomerang Acceptance LLC
Nov 20, 2020
$460,000
Trader Holdings LLC
Brothers Land Lines
Grant Deed
—
Jan 9, 2020
—
Lines Brothers Land & Cattle L
Ruskin R Lines JR.
Quit Claim Deed
related
—
Jan 8, 2020
—
Ruskin R Lines JR.
Ruskin R JR
Quit Claim Deed
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?”
You own 2415 Rural Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
