Financial
Distress signals
Property profile

424 Southern Ave Tempe, AZ 85282

OFF-MARKET
Office buildings
Property ID
US07-2902063
3,872 SF 0.37 ac lot Built 1982
Last sale Jan 2026 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Tempe, Arizona office building presents a compelling owner-user investment opportunity. The 3,950 square foot freestanding building, constructed in 1982 and zoned RO, is ideally situated on Southern Avenue, offering excellent visibility and convenient access to major freeways (US-60, I-10, and Loop 101). The property boasts recent upgrades, including modern solar panels for energy efficiency and a newly resurfaced roof, ensuring long-term sustainability. Its prime location provides

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$103k
Effective rate8.39%

Value estimate

· Sep 2026
$900k
$810k – $990k
AI approach$900k
CAP approach$1.14M
Sales comparison$1.13M

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$303/SF
ZIP average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$138 – $652
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RO
The R/O district allows professional and administrative services, live work, and limited retail uses on small parcels located between hig...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.1
Watch Repair Shop8.9
Pet Grooming Service8.8

Location

424 Southern Ave Tempe, AZ 85282-5206
County assessor Recorded deeds · 8 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1852 Southern, Tempe, AZ 85282-5886 $887,500 Nov 2025 3,170 SF
1930 Southern, Tempe, AZ 85282-7518 $900,000 Nov 2024 2,655 SF
424 Broadway, Tempe, AZ 85282-1309 $1,500,000 Nov 2024 6,060 SF
2101 Broadway, Tempe, AZ 85282-1879 $460,000 Jul 2024 3,604 SF
512 Southern, Tempe, AZ 85282-5209 $1,200,000 Jun 2024 4,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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