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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
480 Warner Rd, Tempe, AZ 85284-2909
Entity Owned
~
Est. High Equity
Property ID
US07-0367402
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Construction
CONCRETE
Total area
2,317 SF
Lot
1.14 ac (49,876 SF)
Zoning code
PCC-1
APN
301-52-009H
UPID
US07-0367402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Valero Auto Repair Shop
-
RockItCoin Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tsa Associates LLC
Tsa Associates LLC
since 2025
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
PCC-1 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,818
Tax year 2023
Assessed value
$310,734
Assessed 2024
Previous assessed
$277,525
+12.0% YoY
Effective rate
7.34%
On assessed value
Land market value
$1,424,300
Improvement market value
$458,934
Total market value
$1,883,234
Applied tax rate
281,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
2,317 SF
Lot
1.14 ac (49,876 SF)
Zoning code
PCC-1
APN
301-52-009H
UPID
US07-0367402
Jurisdiction
MARICOPA
Zoning & alternative use
PCC-1 · Tempe, AZ
Zoning PCC-1 · permitted uses
PCC-1 · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Tsa Associates LLC
Entity
Mailing address
18678 N 70TH DR, GLENDALE, AZ 85308-5787
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2025
$3,000,000
Tsa Associates LLC
Hesa Realtys LLC
Special Warranty Deed
$2,557,000 · Capital Community Bank
Feb 2, 2024
$1,500,000
Hesa Realtys LLC
Nadg Nnn Val Tem Az LP
Special Warranty Deed
$1,414,000 · Ready Capital Corp
Dec 16, 2019
—
Nadg Nnn Val Tem-az LP
—
Grant Deed
related
$264,000,000 · Citibank
Oct 19, 2016
$738,462
Tempe Warner LLC
Warner 9480 LLC
Grant Deed
—
Apr 15, 2015
$10,000
Arizona Hauling LLC
Cst Arizona Stations INC
Grant Deed
—
Apr 15, 2015
$700,000
Warner 9480 LLC|craycroft 1909 LLC
Arizona Hauling LLC
Grant Deed
$1,050,000 · Bank Of Tucson
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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