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    605 Broadway Rd Tempe, AZ 85282-1407
    Property profile & analytics

    605 Broadway Rd Tempe, AZ 85282-1407


    • Office buildings
    • 992 SF
    • 0.22 lot acres
    Off-Market
    Last Sale Apr 25, 2025
    $1,325,000
    Property ID
    US07-1127380
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,015,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Choices Pregnancy Center - Tempe / Medical Clinic

    Property Details for 605 Broadway Rd

    Year built
    1977
    Construction
    CONCRETE
    Lot size
    0.22 lot acres
    Property size
    992 SF
    Zone code
    CSS
    Property type
    Office buildings
    APN
    133-25-070
    APU
    13325070

    Description

    This exceptional investment opportunity presents a В±4,233 square foot medical office building situated on a В±19,602 square foot lot at 605 E Broadway Road, Unit 605, Tempe, AZ. The property, encompassing parcels 133-25-070 and 133-25-071, boasts significant tenant improvements completed within the last five years, ensuring a modern and functional space. The building, constructed in 1977, benefits from a recently recoated roof (2020) and a fenced lot, providing security and peace of mind. Ample parking is available, with a ratio of approximately 4.66 spaces per 1,000 square feet. The property's prime location offers excellent visibility, enhanced by prominent monument signage on E. Broadway Road. Its proximity to Arizona State University, Downtown Tempe, and major transportation arteries like I-202 and Loop 101 ensures high traffic and accessibility. The property is zoned CSS and is offered at $1,300,000. Seller financing is available for qualified buyers, subject to seller approval, making this an attractive proposition for investors seeking a strong return on investment in a thriving Tempe location. This is a rare opportunity to acquire a well-maintained, strategically located medical office building with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $646,000
      Market price range: $137k - $646k
      AI Estimate
      $646,000
      Market price range: $136k - $646k
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $680,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.929
    Latitude
    33.4072
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,958
    $0.00
    $0.00
    $81,890
    -
    $221,400
    $274,900
    $496,300
    More about this property
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