3233 S 48Th St, Tempe, AZ 85282
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PCC-1 · Tempe, AZTempe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.