Technical
Financial
Distress signals
Property profile

645 Elliot Rd Tempe, AZ 85284

OFF-MARKET
Warehouses
Property ID
US07-1642865
12,115 SF 1.14 ac lot Built 2006
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2006
Construction CONCRETE
Total area 12,115 SF
Lot 1.14 ac (49,822 SF)
Zoning code I-1
APN 301-53-213
UPID US07-1642865

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
  • (Bike/Boat/Book/etc) Store

Location

645 Elliot Rd Tempe, AZ 85284-1244
Tempe metro Census 319910 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
$3.10M
Blend (final) Blend
$3.10M

Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2019
$1.6M
2016
Price N/A
2012
$2.1M
2006
$1.9M
1969
Price N/A

Zoning & alternative use

I-1 · Tempe, AZ
Top alternative use upside
Office building $2.8M +21.5%

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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