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    Property profile & analytics

    325 Elliot Rd Tempe, AZ 85284-1373

    • Strip malls
    • 12,494 SF
    • 1.84 lot acres
    OFF-MARKET
    Value Estimation
    $10,250,000
    Last Sale
    Jul 29, 2022
    $11,250,000
    Location Intelligence
    Property ID
    US07-1994998
    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.

    Current Use by Public Records

    • Foothills Physical Therapy & Sports Medicine / Physical Therapy Clinic
    • CARLOS MARTINEZ RIVAS / Physical Therapist
    • Carlos Rivas / Physical Therapist
    • CHYANN CROLEY / Physical Therapist
    • Bangkok Grill & Knockout Cafe / Thai Restaurant / Sandwich Shop

    Property Details for 325 Elliot Rd

    Year built
    2004
    Construction
    CONCRETE
    Lot size
    1.84 lot acres
    Property size
    12,494 SF
    Zone code
    PCC-1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    301-52-981
    APU
    30152981

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,480,000
      6.5%
      $11,240,000
      7%
      $10,470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,800,000
      Geo Method
      $9,485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,845,000
      Retail
      $12,215,000
      Mixed-Use
      $9,960,000
      Hospitality
      $9,965,000
      Educational
      $12,175,000
      Residential Income
      $11,955,000
      Energy
      $9,220,000
      Income-Based Land
      $10,775,000
      Food Service
      $12,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.945
    Latitude
    33.3486
    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
    2023
    $41,087
    $0.00
    $0.00
    $619,178
    -
    $2,116,700
    $1,635,891
    $3,752,591

    Comparable in this City

    • Value Estimation by Request
      4,928 SF

      440 Warner Rd

      SHOPPING CENTER, STRIP CENTER • 4,928 SF
      440 Warner Rd, Tempe, AZ 85284-2966
      View Details
    • Value Estimation by Request
      26,488 SF

      1006 Warner Rd

      SHOPPING CENTER, STRIP CENTER • 26,488 SF
      1006 Warner Rd, Tempe, AZ 85284-3226
      View Details
    • Value Estimation by Request
      13,716 SF

      9920 Rural Rd

      SHOPPING CENTER, STRIP CENTER • 13,716 SF
      9920 Rural Rd, Tempe, AZ 85284-4100
      View Details
    • Value Estimation by Request
      4,606 SF

      2020 Elliot Rd Ste, Unit 101

      SHOPPING CENTER, STRIP CENTER • 4,606 SF
      2020 Elliot Rd Ste, Tempe, AZ 85284-1809
      View Details
    • Value Estimation by Request
      13,100 SF

      7650 Mcclintock Dr Ste, Unit 110

      SHOPPING CENTER, STRIP CENTER • 13,100 SF
      7650 Mcclintock Dr Ste, Tempe, AZ 85284-1674
      View Details
    • Value Estimation
      $1,775,000
      7,000 SF

      1700 Elliot Rd Ste, Unit 3

      SHOPPING CENTER, STRIP CENTER • 7,000 SF
      1700 Elliot Rd Ste, Tempe, AZ 85284-1631
      View Details

    Similar Nearby for Sale

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      5,546 SF retail building with attractive patio and landscaping.
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      Office and warehouse space featuring reception, conference room, and offices.
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    Similar Nearby for Lease

    • $26 SF/Yr
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      Retail Space Available For Lease

      Retail spaces available from 1,168 to 3,770 SF.
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    • Contact for pricing
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    • Contact for pricing
      13,000 SF

      Tempe Retail Space For Rent

      Retail space available in a high-traffic Tempe shopping center.
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    • $26 SF/Yr
      1,100 SF

      Retail Space Near ASU Research

      Retail space available near ASU Research with anchor tenants.
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    • Contact for pricing
      1,300 SF

      Tempe Retail Space For Rent

      Retail space available in Tempe, anchored by Costco.
      1275 W Elliot Rd, Tempe, AZ 85284
      View Details
    • Contact for pricing
      1,193 SF

      Corner Retail Space Available

      Retail space with high traffic and signage opportunities.
      315 W Elliot Rd, Tempe, AZ 85284
      View Details
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    325 Elliot Rd
    Tempe, AZ 85284-1373
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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