Property profile

2507 Southern Ave Tempe, AZ 85282

OFF-MARKET
Medical Office Space
Property ID
US07-1786978
2,636 SF 2.12 ac lot Built 1982
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Construction CONCRETE
Total area 2,636 SF
Lot 2.12 ac (92,496 SF)
Zoning code PCC-1
APN 134-44-362
UPID US07-1786978

Cap rate & NOI

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

Location

2507 Southern Ave Tempe, AZ 85282
Tempe metro Census 319404 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$845k
Blend (final) Blend
$845k

Owner & transaction history

since 2024
4 recorded transactions
2024
$4.8M
2024
Price N/A
2023
$4.8M
2023
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
Top alternative use upside
Retail stores $1.4M +157.2%
Neighborhood: shopping center $1.4M +150.2%
Office building $800,000 +47.9%

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
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 2507 Southern Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message