Property profile

720 Smith Rd Tempe, AZ 85288

OFF-MARKET
Office buildings
Property ID
US07-1099340
8,250 SF 0.76 ac lot Built 1996
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction CONCRETE
Total area 8,250 SF
Lot 0.76 ac (32,931 SF)
Zoning code GID
APN 132-39-005C
UPID US07-1099340

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
  • Industrial Manufacturer Production Facility
  • (Bike/Boat/Book/etc) Store Pharmacy
  • General Contractor Renovation Specialist

Location

720 Smith Rd Tempe, AZ 85288-2925
Tempe metro Census 318400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.13M
Blend (final) Blend
$2.13M

Owner & transaction history

since 2020
7 recorded transactions
2020
$600,000
2020
Price N/A
2020
$1.0M
2019
Price N/A
2012
$550,000
1995
$112,000
1969
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL

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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