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Property profile & analytics

802 Hardy Dr Tempe, AZ 85281-3408

  • Grocery and convenience stores
  • 2,555 SF
  • 0.33 lot acres
OFF-MARKET
Last Sale
May 04, 2020
$610,000
Value Estimations
$800,000
Show details
Cap Rate Potential
4.3%
Grocery and convenience stores
Location Intelligence
Property ID
US07-2785126
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.

Current Use by Public Records

  • 24/7 Convenience Store / Convenience Store
  • Ultron ATM / Atm
  • Circle K / Convenience Store / Atm

Property Details for 802 Hardy Dr

Year built
1960
Construction
CONCRETE
Lot size
0.33 lot acres
Property size
2,555 SF
Zone code
CSS
Property type
Grocery and convenience stores
APN
124-61-022B
APU
12461022B

Description

This exceptional freestanding retail property, located at 802 S Hardy Dr in Tempe, Arizona, offers 2,555 square feet of space on a sizable 14,293 square foot lot (APN: 124-61-022B, Maricopa County). The building is available for lease or ground lease and boasts a highly visible hard corner location at a signalized intersection, providing excellent exposure to a substantial daily traffic volume. Its strategic location offers easy access to Loop 202 and SR143, placing it within convenient reach of a large customer base. The property benefits from monument signage opportunities, enhancing its visibility and brand recognition. The surrounding area is characterized by a high daytime population, with approximately 461,000 people residing within a 5-mile radius. This prime location is further enhanced by its proximity to Arizona State University's main campus, Whole Foods Market, and Centerpoint on Mill, ensuring high foot traffic and strong consumer demographics. The property is zoned CSS (Commercial Shopping and Services), making it ideal for a variety of retail uses. This is a rare opportunity to secure a well-positioned retail space in a thriving Tempe market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $825,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $590,000
    6.5%
    $545,000
    7%
    $505,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $698,000
    Market price range: $698k - $2.13M
    AI Estimate
    $650,000
    Market price range: $650k - $2.09M

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


Location Insight

  • Map
  • Local Demand
City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.953
Latitude
33.4216
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
2022
$7,887
$0.00
$0.00
$50,457
-
$132,700
$173,100
$305,800
More about this property
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