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    Property profile & analytics

    3400 Ml Ave Tempe, AZ 85282-4960

    • Retail space
    • 3,880 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $3,720,000
    Last Sale
    Feb 28, 2023
    $4,000,000
    Location Intelligence
    Property ID
    US07-1535029
    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

    • Firepower Music / Recording Studio
    • Arizona Brothers Keeper Ministry / Religious Organization
    • Five Stars Pizza Party / Caterer
    • Casa de Paz / Church
    • Industrial Personnel Inc / Employment Agency

    Property Details for 3400 Ml Ave

    Year built
    1982
    Construction
    CONCRETE
    Lot size
    0.10 lot acres
    Property size
    3,880 SF
    Zone code
    C-G
    Property type
    Retail space
    APN
    133-58-007A
    APU
    13358007A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,570,000
      6.5%
      $3,710,000
      7%
      $3,740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,255,000
      Geo Method
      $4,135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,860,000
      Retail
      $4,290,000
      Mixed-Use
      $4,400,000
      Hospitality
      $3,730,000
      Educational
      $3,240,000
      Residential Income
      $4,245,000
      Energy
      $3,395,000
      Income-Based Land
      $4,395,000
      Food Service
      $4,180,000

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.941
    Latitude
    33.3926
    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
    $4,029
    $0.00
    $0.00
    $65,293
    -
    $212,000
    $183,715
    $395,715

    Comparable in this City

    • Value Estimation by Request
      6,773 SF

      2180 Southern Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,773 SF
      2180 Southern Ave, Tempe, AZ 85282-7504
      View Details
    • Value Estimation
      $1,400,000
      4,860 SF

      2010 Rural Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,860 SF
      2010 Rural Rd, Tempe, AZ 85282-1408
      View Details
    • Value Estimation by Request
      3,687 SF

      3108 Mcclintock Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,687 SF
      3108 Mcclintock Dr, Tempe, AZ 85282-8006
      View Details
    • Value Estimation by Request
      1,280 SF

      3400 Ml Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,280 SF
      3400 Ml Ave, Tempe, AZ 85282-4960
      View Details
    • Value Estimation by Request
      1,880 SF

      3400 Ml Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,880 SF
      3400 Ml Ave, Tempe, AZ 85282-4960
      View Details
    • Value Estimation by Request
      1,771 SF

      4475 Rural Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,771 SF
      4475 Rural Rd, Tempe, AZ 85282-7012
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,061 SF

      Retail Property Near Loop 101

      Retail property with existing building and access to Loop 101.
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      Land parcel available for ground lease or build to suit.
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      3,482 SF

      Tempe Restaurant - I-10 & US-60

      High-traffic Tempe restaurant, 3,482 SF.
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      Freestanding Restaurant Building in Tempe

      Fully fixturized restaurant for sale in a bustling Tempe location.
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    Similar Nearby for Lease

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      2,127 SF

      Retail Space Near ASU

      Retail space in Tempe, close to ASU and Downtown.
      764 W Broadway Rd, Tempe, AZ 85282
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    • Contact for pricing
      4,574 SF

      Retail Space Near Arizona Mills

      Retail space available near Arizona Mills in Tempe, Arizona.
      5009 S Arizona Mills Cir, Tempe, AZ 85282
      View Details
    • Contact for pricing
      6,630 SF

      Retail Space Near Aldi Grocery

      Retail space available near Aldi Grocery and Arizona State University.
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      Tempe Retail Space For Rent

      Retail space available in a newly remodeled Tempe shopping center.
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      Retail Space on Broadway Road

      Retail spaces available in high-traffic Tempe location.
      930-1010 W Broadway Rd, Tempe, AZ 85282
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    • Contact for pricing
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      Tempe Retail Space Available

      Retail spaces available in high-traffic Tempe location.
      1030 W Broadway Rd, Tempe, AZ 85282
      View Details
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    Tempe, AZ 85282-4960
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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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