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401 W Baseline Rd Tempe, AZ 85283

Office buildings Google Maps
33,037 SF 1.35 ac lot Built 1986
Entity Owned ~ Est. High Equity
Estimated value (blended)
$3.76M
Range $3.38M – $4.13M (±10%)
Property ID US07-0115676

Property summary

AI-generated overview

This exceptional executive office suite, located at 401 W Baseline Rd in Tempe, Arizona, presents a unique opportunity. Situated within The Meridian, a Class B office building, this 2,783 square foot space is perfect for a business seeking a prominent presence in a thriving area. The building itself boasts a total of 30,408 square feet spread across two stories, constructed in 1986. The property is zoned CSS and features a single building with convenient access via Kyrene Rd. The address is 401 W Baseline Rd, Tempe, AZ 85283, within Maricopa County. This multiple-tenancy building offers a professional environment, ideal for businesses requiring a substantial and well-located office space. The suite's ample square footage provides flexibility for various layouts and configurations to meet specific business needs. The property's location in Tempe offers easy access to major transportation routes, amenities, and a vibrant business community. The Meridian's convenient location and substantial space make it an attractive option for businesses seeking a strategic location in the heart of Tempe. The property's APN is 301-03-018. This is a rare opportunity to secure a significant office space in a desirable Tempe location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction STEEL FRAME
Total area 33,037 SF
Lot 1.35 ac (58,907 SF)
Zoning code CSS
APN 301-03-018
UPID US07-0115676

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Association / Organization
  • Medical Group
  • Charitable Organization
  • Tech Support Center IT Consulting Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.78M
Blend (final) Blend
$3.76M

Owner & transaction history

since 2026
Last sale
$2.7M
7 recorded transactions
2026
$2.7M
2005
$3.6M
2004
$3.0M
1999
Price N/A
1998
$2.8M
1993
Price N/A
1991
Price N/A

Zoning & alternative use

CSS · Tempe, AZ
Zoning description

balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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