424 Southern Ave Tempe, AZ 85282-5206
Property profile & analytics
424 Southern Ave Tempe, AZ 85282-5206
- Office buildings
- 3,872 SF
- 0.37 lot acres
Property ID
US07-2902063
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.
Location Intelligence
Current Use by Public Records
- Helene M. Rollins, MSW / Foster Care Service / Social Service Agency
- Marjorie A. Sergeant, LPC / Family Counselor / Counselor
- New Solutions Counseling Services / Counselor / Family Counselor
- Messer Janet PhD / Physician / Medical Clinic
- Sanja Sobo / Counselor / Practitioner Service Location
Property Details for 424 Southern Ave
- Year built
- 1982
- Construction
- CONCRETE
- Lot size
- 0.37 lot acres
- Property size
- 3,872 SF
- Zone code
- RO
- Property type
- Office buildings
- APN
- 133-28-463
- APU
- 13328463
Description
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 proximity to numerous business and retail amenities. This Class B building offers a solid structure and a strategic investment opportunity for an owner-occupier seeking in-place rental income (Suite 102). The property's location between Rural Road and Mill Avenue in Tempe, Arizona, 85282, ensures high visibility and easy access to a thriving commercial area. This is a rare chance to acquire a well-maintained, energy-efficient office building in a highly desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $900,000
- ML approach
- $900,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,230,000
- 6.5%
- $1,135,000
- 7%
- $1,055,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,129,000
- AI Estimate
- $1,116,000
Market price range: $534k - $2.52MMarket price range: $532k - $2.52M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,175,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.933
- Latitude
- 33.3932
- 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
$8,653
$0.00
$0.00
$103,092
-
$245,400
$379,400
$624,800
