Property profile

5650 Kyrene Rd Tempe, AZ 85283

OFF-MARKET
Specialty properties
Property ID
US07-2383751
2,118 SF 25.48 ac lot Built 2008
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 2008
Total area 2,118 SF
Lot 25.48 ac (1,110,058 SF)
Zoning code R-3
APN 301-05-719
UPID US07-2383751

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
  • Business Management Consultant
  • Interior Design Hardware & Home Improvement
  • Dog Walker

Location

5650 Kyrene Rd Tempe, AZ 85283-1720
Tempe metro Census 320007 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
by Request
Blend (final) Blend
$88.75M

Owner & transaction history

since 2021
Last sale
$94.5M
3 recorded transactions
2021
$94.5M
2018
Price N/A
2007
Price N/A

Zoning & alternative use

R-3 · Tempe, AZ
Zoning description

1-5, and R1-4) C. Single-Family Residential Planned Area Development (R1-PAD) (requires a PAD Overlay) D. Multi-Family Residential (R-2) E. Multi-Family Residential Restricted (R-3R) F. Multi-Family Residential Limited (…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general) $81.4M +247.2%

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
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