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    74 E Rio Salado Pkwy Tempe, AZ 85281
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    Property profile & analytics

    74 E Rio Salado Pkwy, Tempe, AZ 85281

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    • Parking lots & garages
    • 522,200 SF
    • 2.17 lot acres
    Tempe Office Space for Rent For Lease
    $45 SF/Yr
    7,554 SF

    Tempe Office Space for Rent

    7,554 SF office space with direct parking garage access.

    74 E Rio Salado Pkwy, Tempe, AZ
    View Listing
    Property ID
    US07-1510782
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Casa amigos / Nightclub / DJ & Entertainment
    • Off Madison Ave / Advertising Agency / Marketing & Advertising
    • Zion & Zion / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Knoll / Production Facility / Furniture & Home Goods

    Property Details for 74 E Rio Salado Pkwy

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    2.17 lot acres
    Zone code
    MU-4
    Property type
    Parking lots & garages
    APN
    132-20-070A
    APU
    13220070A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 24, 2017 — Cousins Fund II Phoenix IV LLC City Of Tempe Quitclaim Deed · related —
    Jul 3, 2014 — Pky Fund II Phoenix V LLC — Loan Modification · related $43M · Wells Fargo Bk
    Aug 31, 2012 $12,700,000 Pky Fund II Phoenix V LLC Rp Hfl LLC Grant Deed —
    Oct 28, 2009 — Hayden Ferry Lakeside LLC — Grant Deed · related $5M · Wells Fargo Bk
    — — Pky Fund II Phoenix V LLC — Deed Of Trust · related $22M · Wells Fargo Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $94,007,000
      Market price range: $6.84M - $247M
      AI Estimate
      $93,194,000
      Market price range: $6.74M - $247M
    • Alternative Use

      Use
      Estimation
      PARKING LOT
      $122,010,000
      Current use
      OFFICE BUILDING
      $140,660,000
      Change: +15% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.938
    Latitude
    33.4305
    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
    $497,102
    $0.00
    $0.00
    $6,453,587
    -
    $4,675,500
    $34,437,146
    $39,112,646
    View Listing
    More about this property
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