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Property profile & analytics
OFF-MARKET
Estimated value
$59,935,000
Commercial land
501 Broadway Rd Tempe, AZ 85282-1406
Entity Owned
6-yr Hold
Free & Clear
Property ID
US07-0545740
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1944
Construction
CONCRETE
Total area
1,224 SF
Lot
0.71 ac (30,928 SF)
Zoning code
C-T
APN
133-25-002C
UPID
US07-0545740
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
-
Alpha Book Publisher Publishing House Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$59.94M
Blend (final)
Blend
$59.94M
Owner & transaction history
Broadway Collective LLC · 6 yrs held
Broadway Collective LLC
since 2019
5 recorded transactions
Zoning & alternative use
C-T · Tempe, AZ
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$59.94M
Range $53.94M – $65.93M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$48,967 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,926
Tax year 2022
Assessed value
$73,185
Assessed 2024
Previous assessed
$62,025
+18.0% YoY
Effective rate
5.36%
On assessed value
Land market value
$487,900
Total market value
$487,900
Applied tax rate
31,600.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1944
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Rooms
4
Bathrooms
2
Total area
1,224 SF
Lot
0.71 ac (30,928 SF)
Zoning code
C-T
APN
133-25-002C
UPID
US07-0545740
Jurisdiction
MARICOPA
Zoning & alternative use
C-T · Tempe, AZZoning C-T · permitted uses
C-T · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning and development code
Building & site characteristics
From public records
Year built
1944
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Rooms
4
Bathrooms
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Broadway Collective LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3307 S TER RD, TEMPE, AZ 85282-5560
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2019
$650,000
Broadway Collective LLC
H5 501 E Broadway Rd LLC
Warranty Deed
—
Sep 6, 2017
$550,000
Hk 501 E Broadway Rd LLC
Arc Of Tempe
Grant Deed
—
May 4, 1993
—
City Of Tempe
Assoc For Retare
Grant Deed
related
—
Feb 16, 1993
—
Ernest B Cochran
Cochran
Quit Claim Deed
related
—
Feb 16, 1993
$150,196
Association For Retarded Citize
Cochran
Trustees Deed
$80,196 · Seller Carry Back
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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