Technical
Financial
Distress signals
Property profile

602 Perry Ln Tempe, AZ 85288

OFF-MARKET
Warehouses
Property ID
US07-3284592
7,909 SF 0.64 ac lot Built 1998
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Construction CONCRETE
Total area 7,909 SF
Lot 0.64 ac (27,776 SF)
Zoning code I-1
APN 132-40-028
UPID US07-3284592

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
  • Consultant

Location

602 Perry Ln Tempe, AZ 85288-2920
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.71M
Blend (final) Blend
$670k

Owner & transaction history

since 2004
3 recorded transactions
2004
$720,000
1999
$556,300
1997
Price N/A

Zoning & alternative use

I-1 · Tempe, AZ
Top alternative use upside
Office building $2.2M +44.3%
Medical building $1.6M +5.9%

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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