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Property profile & analytics
OFF-MARKET
Medical Office Space
6522 Frst Ave Tempe, AZ 85283-3619
Entity Owned
4-yr Hold
Property ID
US07-0127150
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Construction
CONCRETE BLOCKS
Total area
1,839 SF
Lot
0.19 ac (8,221 SF)
Zoning code
R1-6
APN
301-47-361
UPID
US07-0127150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Mangal Investments LLC · 4 yrs held
Mangal Investments LLC
since 2022
Last sale
$485,000
7 recorded transactions
Zoning & alternative use
R1-6 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,770
Tax year 2023
Assessed value
$64,620
Assessed 2024
Previous assessed
$57,075
+13.2% YoY
Effective rate
5.83%
On assessed value
Land market value
$86,100
Improvement market value
$344,700
Total market value
$430,800
Applied tax rate
281,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
6
Bathrooms
2
Total area
1,839 SF
Lot
0.19 ac (8,221 SF)
Zoning code
R1-6
APN
301-47-361
UPID
US07-0127150
Jurisdiction
MARICOPA
Zoning & alternative use
R1-6 · Tempe, AZ
Zoning R1-6 · permitted uses
R1-6 · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Mangal Investments LLC
Entity
Mailing address
1208 ELKWOOD DR, MILPITAS, CA 95035-2420
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
$485,000
Mangal Investments LLC
Horizona Health And Wellness INC
Warranty Deed
—
Apr 22, 2019
—
Horizon Health & Wellness INC
—
Grant Deed
related
$5,060,909 · Western St Bk
Feb 13, 2018
—
Horizon Health & Wellness INC
Horizon Human Services INC
Quit Claim Deed
—
Jan 19, 2005
$173,000
Horizon Human Services INC
Forest Terrace Properties LLC
Warranty Deed
$129,750 · Jpmorgan Chase Bank NA
Jan 19, 2005
—
Forest Terrace Properties LLC
Lapota,vicky
Warranty Deed
related
—
Feb 28, 2003
—
Forest Terrace Properties LLC
Lapota,james R
Grant Deed
related
—
Mar 23, 1998
—
James R Lapota
Lapota,vicky D
Quit Claim Deed
related
$78,000 · Irwin Mortgage Corp
—
—
Horizon Human Services INC
—
Deed Of Trust
related
$54,750 · Western State Bank
—
—
James R Lapota
—
Deed Of Trust
related
$131,000 · Capitol Commerce Mortgage Co
—
—
Horizon Health & Wellness INC
—
Deed Of Trust
related
$1,000,000 · Western St Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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