Financial
Distress signals
Property profile

3233 S 48Th St Tempe, AZ 85282

FOR LEASE
Grocery and convenience stores
Property ID
US07-2657385
1,428 SF 0.39 ac lot Built 2010
Last sale Oct 2008 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional Tempe, Arizona commercial property presents a unique investment opportunity. Located at 3233 S 48th St, in the heart of Maricopa County, this expansive 17,163 square foot lot offers significant potential for retail development. The property is zoned for commercial use and boasts a total land area of 17,163 square feet, providing ample space for a variety of retail ventures. Currently, there is one existing retail building on the site, totaling 1,428 square feet, with a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$121k
Effective rate7.62%

Value estimate

· Sep 2026
$405k
$365k – $446k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$512/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$234 – $870

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PCC-1
The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neig...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.2
Realty agency21.9
Dental Office20.7

Location

3233 S 48Th St Tempe, AZ 85282
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2188 Southern, Tempe, AZ 85282-7504 $930,000 Jul 2024 1,992 SF
113 Southern, Tempe, AZ 85282-5130 $1,642,070 Jun 2023 1,500 SF
1010 Southern, Tempe, AZ 85282-4514 $1,300,000 Aug 2022 2,400 SF
3222 Hardy, Tempe, AZ 85282-3323 $695,000 Feb 2022 2,430 SF
3408 Ml, Tempe, AZ 85282-4935 $1,650,000 Jul 2021 2,080 SF
1202 Broadway, Tempe, AZ 85282-1263 $1,950,000 Apr 2021 2,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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