Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3200 Rural Rd Tempe, AZ 85282-3870
    Back to Search
    Property profile & analytics

    3200 Rural Rd Tempe, AZ 85282-3870


    • Office buildings
    • 2,376 SF
    • 0.36 lot acres
    Off-Market
    Last Sale Feb 13, 2025
    $1,185,000
    Property ID
    US07-0660209
    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.

    Value Estimations
    $1,170,000
    Show details
    Cap Rate Potential
    2.7%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Weller Realty & Management / Real Estate Agency
    • Nicholas Cutunilli, OD / Physician
    • Karen Chow, MD / Physician
    • John D. Pearson, OD / Physician
    • Trina Cheng, OD / Physician

    Property Details for 3200 Rural Rd

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    0.36 lot acres
    Property size
    2,376 SF
    Zone code
    CSS
    Property type
    Office buildings
    APN
    133-28-001Q
    APU
    13328001Q

    Description

    This exceptional investment opportunity presents two well-maintained office/retail buildings situated on a prominent 0.36-acre corner lot in South Tempe, Arizona. The property boasts 15,800 square feet of land and offers two convenient access points, ensuring optimal visibility and accessibility. Its strategic location, just half a mile north of US 60 and minutes from Arizona State University and Sky Harbor Airport, guarantees high traffic counts and a strong tenant pool. The buildings benefit from excellent visibility on Rural Road and feature ample private on-site parking for tenants and visitors. Both buildings have recently undergone significant improvements, including new tile roofs installed in 2017. Currently configured into three separate suites, each suite is equipped with its own HVAC system and private bathroom, providing tenants with maximum comfort and privacy. The property is master-metered for electricity, water, sewer, and trash, simplifying utility management. This property offers immediate income generation with no current vacancies. One tenant enjoys a long-term lease exceeding 25 years, while other leases expire in September 2025, February 2026, and September 2026. All tenants are established professional businesses. The seller is open to considering a carryback financing option, in addition to cash or conventional financing. This is a rare opportunity to acquire a stable, high-income-producing commercial property in a prime Tempe location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,159,000
      Market price range: $328k - $1.55M
      AI Estimate
      $1,146,000
      Market price range: $327k - $1.55M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $720,000
      Current use
      AUTO REPAIR, GARAGE
      $1,635,000
      Change: +127% Conversion: Difficult
      RETAIL STORES
      $1,250,000
      Change: +74% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,215,000
      Change: +69% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.927
    Latitude
    33.3947
    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
    2022
    $7,149
    $0.00
    $0.00
    $105,897
    -
    $373,600
    $268,200
    $641,800
    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