Property profile

56 Rockford Dr Tempe, AZ 85288

OFF-MARKET
Office buildings
Property ID
US07-2484773
64,016 SF 4.39 ac lot Built 2018
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2018
Construction STEEL FRAME
Total area 64,016 SF
Lot 4.39 ac (191,374 SF)
Zoning code HID
APN 132-36-035
UPID US07-2484773

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
  • Corporate Office

Location

56 Rockford Dr Tempe, AZ 85288-6070
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$37.16M
Blend (final) Blend
$4.80M

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2019
Price N/A
1969
Price N/A

Zoning & alternative use

HID · Tempe, AZ
Zoning description

Heavy Industrial District is designed to provide, Intensive manufacturing, fabricating, and storage to provide for concentrated industrial uses.

General category INDUSTRIAL
Top alternative use upside
Restaurant $44.6M +150.0%
Auto repair, garage $44.0M +146.5%
Retail stores $33.7M +88.8%

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
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