Property profile

304 Price Rd Tempe, AZ 85288

OFF-MARKET
Industrial properties
Property ID
US07-0388247
4,872 SF 0.55 ac lot Built 1985
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1985
Construction CONCRETE
Total area 4,872 SF
Lot 0.55 ac (24,024 SF)
Zoning code GID
APN 132-37-130
UPID US07-0388247

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
  • Freight Service Logistics Company
  • Big Box & Wholesale Store

Location

304 Price Rd Tempe, AZ 85288-3194
Tempe metro Census 318400 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
$997k
Blend (final) Blend
$530k

Owner & transaction history

since 2014
7 recorded transactions
2016
Price N/A
2014
$485,000
2002
$705,000
2000
$475,000
1999
Price N/A
1993
$275,000
1969
Price N/A

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
Top alternative use upside
Office building $1.4M +76.3%
Medical building $995,000 +29.4%
Warehouse, storage $940,000 +22.2%

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
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