Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2605 W 1St St Tempe, AZ 85281

FOR SALE
Industrial properties
Property ID
US07-2962616
40,800 SF 2.69 ac lot Built 1977
Last sale Jul 2017 · $3,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value · 2024$711k
Effective rate4.80%

Value estimate

· Oct 2026
$2.96M
$2.66M – $3.26M
Submarket $/SF estimate$72.99M
NOI build-up
Gross scheduled income$1.35M
Vacancy & credit loss−$290k
Operating expenses−$265k
NOI · 7.57% cap applied$795k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,460/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$203 – $2,537
Qualifying comparables10

Cap rate analysis

How does the asset earn?
7.57%
$795k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.0
Hair Salon9.5
Cafe & Coffee Shop8.7

Location

2605 W 1St St Tempe, AZ 85281
County assessor Recorded deeds · 7 transfers 10 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
1430 12th, Tempe, AZ 85281-5214 $81,500,000 Aug 2025 60,249 SF
1454 12th, Tempe, AZ 85281-5214 $81,500,000 Aug 2025 60,562 SF
912 Park, Tempe, AZ 85281-5108 $27,100,000 Dec 2024 33,555 SF
1618 Priest, Tempe, AZ 85281-2008 $4,500,000 Oct 2024 25,564 SF
1555 10th, Tempe, AZ 85281-5247 $10,750,000 Sep 2024 56,540 SF
1425 12th, Tempe, AZ 85281-5231 $962,792 Aug 2024 33,290 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
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?”
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
Why this one?
Saved
Reason not saved — we won't ask again