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Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Flex space
7425 Harl Ave, Tempe, AZ 85283-4378
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0582171
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Construction
CONCRETE
Total area
27,344 SF
Lot
1.1 ac (48,053 SF)
Zoning code
GID
APN
301-41-146
UPID
US07-0582171
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
-
Simple Soda Company Food Processing Plant Factory
-
MB Embroidery & Screen Print Textile Manufacturer Factory
-
AZ Auto Air Auto Repair Shop
-
LeafSide Warehouse & Storage
-
Carlton-Bates Co Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.50M
Owner & transaction history
Pegasus Tempe Owner LLC · 4 yrs held
Pegasus Tempe Owner LLC
since 2021
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
GID · 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
Method
Estimation
Statistic approach
$4,595,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,145,000
6.5%
$3,830,000
7%
$3,555,000
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.79M (Oct 15 2021)
Last sale anchor
$4.79M
Oct 15 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
$165 / 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
$27,081
Tax year 2023
Assessed value
$541,217
Assessed 2024
Previous assessed
$421,022
+28.5% YoY
Effective rate
5.00%
On assessed value
Land market value
$514,700
Improvement market value
$2,765,400
Total market value
$3,280,100
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
27,344 SF
Lot
1.1 ac (48,053 SF)
Zoning code
GID
APN
301-41-146
UPID
US07-0582171
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · 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
1985
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Pegasus Tempe Owner LLC
Entity
Mailing address
8888 E RAINTREE DR STE #155, SCOTTSDALE, AZ 85260-3952
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$4,793,000
Pegasus Tempe Owner LLC
Presson Pv Fifteen LLC
Special Warranty Deed
—
Nov 14, 2014
$1,695,000
Presson P V Fifteen LLC
Hollywood Equities INC
Grant Deed
—
Jul 3, 2002
$1,790,000
Hollywood Equities INC
Highland Avenue Industrial LLC
Grant Deed
related
$1,150,000 · United Farm Family Life Ins Co
May 1, 2001
$1,330,000
Highland/avenue Industrial LLC
Amb-est Trust
Grant Deed
$1,320,000 · M & I Thunderbird Bank
Dec 31, 1990
$1,100,000
Finkel Trustee H
Rfg Mgmt
Trustees Deed
—
Dec 31, 1990
$1,075,000
R G C Management
Great American D
Trustees Deed
—
Jun 26, 1990
—
Great American D
Sdc Dev Ltd
Trustees Deed
related
—
—
—
Presson Pv Fifteen LLC
—
Deed Of Trust
related
$1,348,000 · Enterprise Bk
—
—
Hollywood Equities INC
—
Deed Of Trust
related
$925,000 · Old American Insurance Co
—
—
Presson Pv Fifteen LLC
—
Deed Of Trust
related
$1,172,000 · Miscellaneous Ins Co
—
—
Presson Pv Fifteen LLC
—
Deed Of Trust
related
$1,172,000 · Miscellaneous Ins 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.
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