Property profile

7855 Test Dr Tempe, AZ 85284

OFF-MARKET
Automotive properties
Property ID
US07-2932585
9,542 SF 1.94 ac lot Built 1999
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1999
Construction CONCRETE
Total area 9,542 SF
Lot 1.94 ac (84,506 SF)
Zoning code I-1
APN 301-54-768
UPID US07-2932585

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
  • Car Dealership
  • Department Store
  • Auto Repair Shop Vehicle Inspection Center

Location

7855 Test Dr Tempe, AZ 85284-1010
Tempe metro Census 319910 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.92M
Blend (final) Blend
$4.46M

Owner & transaction history

since 2010
7 recorded transactions
2010
Price N/A
2008
$4.4M
2006
Price N/A
2005
$3.0M
2001
$3.4M
2000
Price N/A
1997
$1.3M

Zoning & alternative use

I-1 · Tempe, AZ
Top alternative use upside
Restaurant $6.7M +1.4%

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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