Technical
Financial
Distress signals
Property profile

8045 Priest Dr Tempe, AZ 85284

OFF-MARKET
Warehouses
Property ID
US07-0120320
18,783 SF 2.07 ac lot Built 2005
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2005
Construction CONCRETE
Total area 18,783 SF
Lot 2.07 ac (89,966 SF)
Zoning code GID
APN 301-53-133
UPID US07-0120320

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
  • Auto Repair Shop
  • Auto Repair Shop

Location

8045 Priest Dr Tempe, AZ 85284-1039
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
$3.20M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.05M

Owner & transaction history

since 2021
Last sale
$2.9M
5 recorded transactions
2021
Price N/A
2014
$2.9M
2006
$2.3M
2006
$5.9M
2004
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL
Top alternative use upside
Office building $4.4M +21.5%

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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