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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office buildings
805 Mary St Tempe, AZ 85288-1961
Entity Owned
20-yr Hold
Free & Clear
Property ID
US07-0106842
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
STEEL FRAME
Total area
1,176 SF
Lot
0.44 ac (19,340 SF)
Zoning code
IND-2P
APN
132-19-009C
UPID
US07-0106842
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
-
Lifetime Roof Systems Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$683k
Blend (final)
Blend
$680k
Owner & transaction history
Bonzi LLC · 20 yrs held
Bonzi LLC
since 2006
3 recorded transactions
Zoning & alternative use
IND-2P · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$810,000
+146.5%
Retail stores
$620,000
+88.8%
Neighborhood: shopping center
$590,000
+80.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$810,000
Change: +146% · Conversion: Difficult
RETAIL STORES
$620,000
Change: +89% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +80% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
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
$578 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,422
Tax year 2022
Assessed value
$122,325
Assessed 2024
Previous assessed
$107,270
+14.0% YoY
Effective rate
2.80%
On assessed value
Land market value
$611,000
Improvement market value
$130,362
Total market value
$741,362
Applied tax rate
30,001.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
1,176 SF
Lot
0.44 ac (19,340 SF)
Zoning code
IND-2P
APN
132-19-009C
UPID
US07-0106842
Jurisdiction
MARICOPA
Zoning & alternative use
IND-2P · Tempe, AZ
Zoning IND-2P · permitted uses
IND-2P · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$810,000
RETAIL STORES
Est. value
$620,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Bonzi LLC
Entity
Free & Clear · 20 yrs held
Mailing address
PO BOX 27902, TEMPE, AZ 85285-7902
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2006
$420,000
Bonzi LLC
Zaft,gregory B
Grant Deed
—
Dec 18, 1992
$68,000
Gregory B Zaft
Melton
Grant Deed
$46,155 · Seller
—
—
Greg B Zaft
—
Deed Of Trust
related
$350,000 · Bank One NA
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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