Realmo Analytics

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Financial
Distress signals
Property profile

601 S Madison Dr Tempe, AZ 85281

FOR SALE
Industrial properties
Property ID
US07-0171422
12,275 SF 0.87 ac lot Built 1979
Last sale Aug 2015 · $937,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
601 S Madison Dr, Tempe, AZ 85281 For Sale
Contact for pricing 12,275 SF
601 S Madison Dr, Tempe, AZ 85281
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value · 2024$284k
Effective rate5.67%

Value estimate

· Oct 2026
$880k
$792k – $968k
Submarket $/SF estimate$29.11M
NOI build-up
Gross scheduled income$169k
Vacancy & credit loss−$10k
Operating expenses−$24k
NOI · 3.95% cap applied$136k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,460/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$203 – $2,537
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3.95%
$136k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.2
Hair Salon10.8
Nail Salon10.1

Location

601 S Madison Dr Tempe, AZ 85281
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2024 1st, Tempe, AZ 85281-7299 $3,200,000 Oct 2024 13,320 SF
2211 1st, Tempe, AZ 85281-7251 $6,750,000 Oct 2024 8,580 SF
2050 Cedar, Tempe, AZ 85281-7409 $6,635,000 Sep 2024 19,629 SF
2062 Cedar, Tempe, AZ 85281-7409 $6,635,000 Sep 2024 19,737 SF
929 Hohokam, Tempe, AZ 85281-5115 $3,550,000 Jun 2024 16,590 SF
1525 10th, Tempe, AZ 85281-5234 $4,000,000 May 2024 13,403 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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