New search
Property profile & analytics
OFF-MARKET
Estimated value
$56,005,000
Specialty properties
7250 Kyrene Rd, Tempe, AZ 85283-4532
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-3387316
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1987
Construction
STEEL FRAME
Total area
2,226 SF
Lot
10.05 ac (437,702 SF)
Zoning code
R-4
APN
301-90-007B
UPID
US07-3387316
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
Current use
Occupant on record · Public records
-
Designing Bull LLC Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Fearless Beauty Hair Salon Nail Salon
-
Cpes Social Service Agency Charitable Organization
-
Strada Apartments Apartment Building Apartment Complex
-
Solkissed Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$44.89M
Blend (final)
Blend
$56.01M
Owner & transaction history
Strada Apartments LLC · 4 yrs held
Strada Apartments LLC
since 2021
Last sale
$68.2M
7 recorded transactions
Zoning & alternative use
R-4 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$85.5M
+247.2%
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
Method
Estimation
Statistic approach
$55,725,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$85,520,000
Change: +247% · Conversion: Difficult
Blend value · Realmo final
$56.01M
Range $50.40M – $61.61M · ±10% · vs last sale $68.19M (Sep 10 2021)
Last sale anchor
$68.19M
Sep 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25,159 / SF
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
$177,633
Tax year 2023
Assessed value
$5,912,070
Assessed 2024
Previous assessed
$3,984,950
+48.4% YoY
Effective rate
3.00%
On assessed value
Land market value
$11,824,100
Improvement market value
$47,296,600
Total market value
$59,120,700
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
33
Stories
1
Units
247
Total area
2,226 SF
Lot
10.05 ac (437,702 SF)
Zoning code
R-4
APN
301-90-007B
UPID
US07-3387316
Jurisdiction
MARICOPA
Zoning & alternative use
R-4 · Tempe, AZ
Zoning R-4 · permitted uses
R-4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$85.5M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
33
Units
247
Lot
10.05 ac
Current owner
From public records · entity-resolved
Strada Apartments LLC
Entity
Mailing address
5728 LYNDON B JOHNSON FWY STE #400, DALLAS, TX 75240-6357
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$68,187,475
Strada Apartments LLC
Bre Az Elliots Crossing LLC
Special Warranty Deed
$104,000,000 · Berkadia Commercial Mortgage LLC
Nov 14, 2016
$30,325,000
Bre Az Elliots Crossing LLC
Roc II Az Elliots Crossing LLC
Special Warranty Deed
$23,980,000 · Wells Fargo Bank NA
Jul 25, 2014
$22,250,000
Roc II Az Elliots Crossing LLC
Sfi 59 LP
Special Warranty Deed
$16,687,000 · Key Bank NA
Mar 31, 2011
—
Sfi 59 LP
—
Deed Of Trust
related
$45,000,000 · Prudential Insurance Co
Mar 12, 2010
$11,850,000
Sfi 59 LP
Ec Apartments Limited Partnership
Special Warranty Deed
$8,500,000 · R-d Investment Company
Jan 23, 2004
$12,000,000
Ec Apartments LP
Lbk LP
Grant Deed
—
Oct 2, 1997
—
3 L P Lbk
Lbk 2 L P
Quit Claim Deed
related
—
Mar 7, 1997
$12,400,000
2 L P Lbk
Elliot's Partners Ltd
Grant Deed
—
—
—
Sfi 59 LP
—
Deed Of Trust
related
$7,800,000 · Prudential Insurance Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7250 Kyrene Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
