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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Motels
513 Broadway Rd Tempe, AZ 85282-1310
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-0341353
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1974
Construction
CONCRETE
Total area
15,466 SF
Lot
0.94 ac (40,811 SF)
Zoning code
I-1
APN
123-36-001G
UPID
US07-0341353
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
-
Motel 6 Tempe, AZ - Broadway - ASU Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$2.50M
Owner & transaction history
Teshara Investments LLC · 6 yrs held
Teshara Investments LLC
since 2019
7 recorded transactions
Zoning & alternative use
I-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
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
$2.50M
Range $2.25M – $2.75M · ±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
$162 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$20,175
Tax year 2023
Assessed value
$221,806
Assessed 2024
Previous assessed
$194,803
+13.9% YoY
Effective rate
9.10%
On assessed value
Land market value
$462,400
Improvement market value
$881,879
Total market value
$1,344,279
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1974
Construction
CONCRETE
Heating
NONE
Stories
2
Units
64
Total area
15,466 SF
Lot
0.94 ac (40,811 SF)
Zoning code
I-1
APN
123-36-001G
UPID
US07-0341353
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Tempe, AZ
Zoning I-1 · permitted uses
I-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
1974
Construction
CONCRETE
Heating
NONE
Stories
2
Units
64
Lot
0.94 ac
Current owner
From public records · entity-resolved
Teshara Investments LLC
Entity
Mailing address
12027 N 28TH DRSST, PHOENIX, AZ 85029-3304
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2022
—
Teshara Investments LLC
—
Deed
related
$2,000,000 · United States Small Business Admin
Sep 25, 2019
$3,525,000
Teshara Investments LLC
G6 Hospitality Property Ll
Grant Deed
$1,986,000 · Bank Of Hope
Aug 10, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Sep 14, 2012
$11,883
G6 Hospitality Property LLC
Gj Remainder LLC
Grant Deed
—
Sep 14, 2012
$2,157,779
G6 Hospitality Property LLC
Glasjar Property LLC
Grant Deed
—
Feb 28, 2001
$15,310
Gh Remainder LLC
Glasjar Funding LP
Trustees Deed
—
Feb 28, 2001
$2,101,920
Glasjar Property LLC
Glasjar Funding LP
Trustees Deed
related
—
Mar 4, 1997
—
Allstar Inns INC
Motel 6 G P INC
Grant Deed
related
—
Feb 19, 1997
$2,168,609
Funding Glasjar
Allstar Inns INC
Grant Deed
related
$310,250,000 · Chase Manhattan Bank
Feb 17, 1994
—
Allstar Inns INC
Allstar Inns Ope
Quit Claim Deed
related
—
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · German Am Cap
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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