You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

511 Farmer Ave Tempe, AZ 85281-2836

OFF-MARKET Hotels Google Maps
49,155 SF 1.26 ac lot Built 2021
Entity Owned ~ Est. High Equity
Estimated value (blended)
$17.70M
Range $15.93M – $19.46M (±10%)
Property ID US07-2244394

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2021
Total area 49,155 SF
Lot 1.26 ac (54,736 SF)
Zoning code PAD
APN 124-33-364
UPID US07-2244394

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
  • Bar & Pub
  • Restaurant
  • Restaurant
  • Restaurant
  • Hotel & Motel

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.50M
Blend (final) Blend
$17.70M

Owner & transaction history

since 2026
Last sale
$17.0M
4 recorded transactions
2026
$17.0M
2020
Price N/A
2019
$3.7M
2019
Price N/A

Zoning & alternative use

PAD · Tempe, AZ
Top alternative use upside
Retail stores $25.9M +32.3%
Neighborhood: shopping center $24.7M +26.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 511 Farmer Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message