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    7305 Kyrene Rd Tempe, AZ 85283-4608

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    7305 Kyrene Rd Tempe, AZ 85283-4608


    • Strip malls
    • 11,220 SF
    • 1.32 lot acres
    Off-Market
    Last Sale Jan 29, 2026
    $3,500,000
    Property ID
    US07-1244327
    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
    $5,625,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • JAB Fitness / Gym & Fitness Center
    • JAB Media / Big Box & Wholesale Store
    • Mir CPR AED First Aid / Gym & Fitness Center

    Property Details for 7305 Kyrene Rd

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    1.32 lot acres
    Property size
    11,220 SF
    Zone code
    GID
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    301-47-015H
    APU
    30147015H

    Description

    This exceptional 12,220 square-foot property located at 7305 S Kyrene Road in Tempe, Arizona presents a unique owner-user or add-value investment opportunity. Situated on a sizable 1.32-acre lot, the property is zoned I-1 (Light Industrial), offering considerable flexibility for a variety of uses. Originally constructed in 2000 as a retail strip center, the building has a proven track record of accommodating diverse tenants, including FedEx, office spaces, and a Pilates studio. Currently operating as a boxing gym, the property's adaptability is a key selling point. The I-1 zoning allows for a wide range of permitted uses, including medical clinics, significantly expanding the potential tenant pool. Furthermore, the property is eligible for retail permits and various special use permits, opening doors for repositioning or redevelopment to capitalize on the growing Tempe market. This presents a rare chance to acquire a well-located, versatile property with significant upside potential in a thriving area. The substantial lot size and flexible zoning make this an ideal asset for investors seeking a strong return on investment or businesses looking for a custom-designed space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,548,000
      Market price range: $2.63M - $8.90M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $5,635,000
      Current use
      RESTAURANT
      $7,820,000
      Change: +39% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $7,715,000
      Change: +37% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $5,930,000
      Change: +5% Conversion: Difficult
      RETAIL STORES
      $5,910,000
      Change: +5% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.945
    Latitude
    33.3527
    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
    2023
    $24,272
    $0.00
    $0.00
    $399,498
    -
    $803,400
    $1,617,800
    $2,421,200
    More about this property
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