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4-yr Hold
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2625 Wilson St, Tempe, AZ 85282-2025
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Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1984
Construction
CONCRETE
Total area
86,042 SF
Lot
4.63 ac (201,465 SF)
Zoning code
GID
APN
123-36-019
UPID
US07-0292733
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nanotechnology Engineer
-
Marketing & Advertising Event Planning
-
Industrial Manufacturer Production Facility
-
Marketing & Advertising Event Planning
-
Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.19M
Owner & transaction history
since 2021
Last sale
$11.1M
7 recorded transactions
Zoning & alternative use
GID · Tempe, AZ
Zoning description
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.19M
Value range
$8.27M – $10.11M
±10% around blend
Estimated value / SF
$107 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
50
$8.27M
blend $9.19M
$10.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
86,042 SF
Lot area
4.63 ac
Year built
1984
Stories
1
APN
123-36-019
Assessed value
$1,748,505
Annual tax
$80,676
3
Income approach: direct capitalization
Partial preview
Income approach indication
$12.05M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$13.05M
@ 6.5% CAP return
$12.05M
@ 7% CAP return
$11.19M
4
Sales comparison
Partial preview
Sales approach indication
$18.33M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.0 mi away · 96,000 SF
15.7 mi away · 78,320 SF
16.6 mi away · 66,200 SF
21.4 mi away · 70,432 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.19M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 55 sales
$593
-82%
Submarket 144 sales
$529
-80%
County 1188 sales
$230
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $107/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
8.50%
Implied, in-place cap rate for this flex space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.50%
9.0%
NOI (est.)
$779k *
Last sale · Nov 2021
$11.13M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9.17M
Move the market yield to see immediate price impact.
Value / SF
$107
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.00%8.50%9.00%
$701k
$8.76M
$8.25M
$7.79M
$779k
$9.74M
$9.17M
$8.66M
$857k
$10.71M
$10.08M
$9.52M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$9.80M
2.9 mi · Dec 2025 · $141/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$80,676
Tax year 2023
Assessed value
$1,748,505
Assessed 2024
Previous assessed
$1,271,175
+37.6% YoY
Effective rate
4.61%
On assessed value
Land market value
$1,255,000
Improvement market value
$9,342,000
Total market value
$10,597,000
Applied tax rate
31,600.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1984
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
86,042 SF
Lot
4.63 ac (201,465 SF)
Zoning code
GID
APN
123-36-019
UPID
US07-0292733
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZZoning GID · permitted uses
GID · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.63 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
GID
INDUSTRIAL
Jurisdiction
Tempe, AZ
Recorded code
GID
Official district
GID
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GID in Tempe, AZ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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