Property profile

601 Ash Ave Tempe, AZ 85281

OFF-MARKET
Hotels
Property ID
US07-0344773
81,758 SF 2.18 ac lot Built 1997
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1997
Construction CONCRETE
Total area 81,758 SF
Lot 2.18 ac (94,978 SF)
Zoning code C-C
APN 132-30-151A
UPID US07-0344773

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
  • Parking Lot & Garage
  • Hotel & Motel

Location

601 Ash Ave Tempe, AZ 85281-2822
Tempe metro Census 318700 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
by Request

Owner & transaction history

since 2025
Last sale
$4.5M
2 recorded transactions
2025
$4.5M
2023
Price N/A

Zoning & alternative use

C-C · Tempe, AZ

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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