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    FOR LEASE
    Grocery and convenience stores

    3233 S 48Th St, Tempe, AZ 85282

    1,428 SF 0.39 ac lot Built 2010
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US07-2657385
    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 single suite. However, the significant vacant land presents a prime opportunity for expansion or new construction. The property's location in Tempe, AZ, 85282, offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. This multi-tenant property is currently available for lease, presenting a rare chance to acquire a substantial parcel of land in a thriving commercial area. The property's size and location make it suitable for a wide range of retail concepts, from small boutiques to larger-scale retail establishments. This is a remarkable opportunity to establish a strong presence in a dynamic and growing market. Contact us today to learn more about this exciting investment prospect.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 2010
    Construction CONCRETE
    Total area 1,428 SF
    Lot 0.39 ac (17,163 SF)
    Zoning code PCC-1
    APN 123-28-130J
    UPID US07-2657385
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Az01jc LLC · 2 yrs held
    Az01jc LLC
    since 2023
    Last sale
    $450,000
    7 recorded transactions
    2023
    2008
    $450,000
    2006
    $500,000
    2006
    $500,000
    2003
    $200,000
    1969
    1969
    Zoning & alternative use
    PCC-1 · Tempe, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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