Individually Owned Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2004
Construction
STEEL FRAME
Total area
19,500 SF
Lot
0.2 ac (8,820 SF)
Zoning code
MU-ED
APN
132-26-035
UPID
US07-1607740
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
-
Academic Department School
-
High School Vocational School
-
Electric Vehicle Charging Station
-
Charitable Organization Social Service Agency
-
School District Office
Location
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
since 2025
Last sale
$325,000
1 recorded transaction
Zoning & alternative use
MU-ED · Tempe, AZ
Zoning description
The MU-Ed zoning district is intended exclusively for public university owned properties, ensuring that development follows specific criteria, standards, and processes tailored to educational institutions. Only propertie…
General category
MIXED_USE
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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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
19,500 SF
Lot area
0.2 ac
Year built
2004
Stories
1
APN
132-26-035
Zoning
MU-ED
Assessed value
$9,134,985
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$564k
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.0 mi away · 19,200 SF
13.5 mi away · 24,189 SF
17.7 mi away · 18,900 SF
17.7 mi away · 24,624 SF
22.7 mi away · 19,200 SF
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 934 sales
$234
-88%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $29/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
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 · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$325k
Move the market yield to see immediate price impact.
Value / SF
$17
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
5.00%7.00%9.00%
$20k
$410k
$293k
$228k
$23k
$455k
$325k
$253k
$25k
$501k
$357k
$278k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$420k
12.9 mi · Dec 2025 · $22/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$9,134,985
Assessed 2024
Previous assessed
$7,671,165
+19.1% YoY
Land market value
$671,700
Improvement market value
$60,228,200
Total market value
$60,899,900
Applied tax rate
31,602.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
REFRIGERATOR
Stories
1
Total area
19,500 SF
Lot
0.2 ac (8,820 SF)
Zoning code
MU-ED
APN
132-26-035
UPID
US07-1607740
Jurisdiction
MARICOPA
Zoning & alternative use
MU-ED · Tempe, AZZoning MU-ED · permitted uses
MU-ED · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The MU-Ed zoning district is intended exclusively for public university owned properties, ensuring that development follows specific criteria, standards, and processes tailored to educational institutions. Only propertie…
General category
MIXED_USE
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
0.2 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
MU-ED
MIXED_USE
Jurisdiction
Tempe, AZ
Recorded code
MU-ED
Official district
MU-ED
Official district profile
What the municipal code says about MU-ED
Zoning description
The MU-Ed zoning district is intended exclusively for public university owned properties, ensuring that development follows specific criteria, standards, and processes tailored to educational institutions. Only propertie…
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MU-ED 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.
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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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