2640 Medtronic Way Tempe, AZ 85281-5136
Property profile & analytics
2640 Medtronic Way Tempe, AZ 85281-5136
- Warehouses
- 20,934 SF
- 1.36 lot acres
Property ID
US07-0395505
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Engineering Arts / Engineer
- Tjm Electronic Associates / Factory / Production Facility
- DarkPulse Inc / Factory / Production Facility
Property Details for 2640 Medtronic Way
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 1.36 lot acres
- Property size
- 20,934 SF
- Zone code
- GID
- Property type
- Warehouses
- APN
- 124-56-039A
- APU
- 12456039A
Description
This exceptional 21,000+ square foot industrial flex space in Tempe, Arizona, presents a compelling investment opportunity. Situated on a 1.36-acre lot, the property boasts a prime location less than one mile from the I-10 and 143 freeways, two miles from the 202 freeway and Sky Harbor Airport, and just three miles from Arizona State University. Its convenient access to major transportation arteries ensures seamless logistics and distribution. The building features two 12-foot overhead doors, two 400-amp electrical panels, and a clean room, catering to diverse operational needs. With 53 parking spaces, including nine covered spaces, ample parking is readily available. The current layout is adaptable for single-owner occupancy or multi-tenant use, offering flexibility for various business models. The property benefits from excellent highway visibility and includes an existing monument sign. The building is fully air-conditioned, providing a comfortable and efficient work environment. Potential uses include production, distribution, manufacturing, laboratory, and office space. This property represents a rare opportunity to acquire a well-located, versatile industrial asset in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,396,000
- AI Estimate
- $3,396,000
Market price range: $3.11M - $5.42MMarket price range: $3.11M - $5.42M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $4,025,000 Current use
- OFFICE BUILDING
- $5,640,000 Change: +40% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.977
- Latitude
- 33.4179
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,442
$0.00
$0.00
$425,766
-
$541,600
$2,038,800
$2,580,400
