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Property profile & analytics
OFF-MARKET
Estimated value
$12,355,000
Flex space
8123 Hardy Dr Tempe, AZ 85284-1106
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-3014783
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1998
Total area
56,316 SF
Lot
3.63 ac (158,243 SF)
APN
301-53-365
UPID
US07-3014783
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
-
TTEC Marketing & Advertising Advertising Agency
-
Cardtronics Atm
-
BEST TV CABLE OFFERS Telecommunications Service
-
CGI Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.36M
Owner & transaction history
Arizona Pipe Trades Joint Apprentic · 1 yrs held
Arizona Pipe Trades Joint Apprentic
since 2024
Last sale
$15.7M
5 recorded transactions
Zoning & alternative use
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
$10,240,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,540,000
6.5%
$7,885,000
7%
$7,320,000
Blend value · Realmo final
$12.36M
Range $11.12M – $13.59M · ±10% · vs last sale $15.65M (Sep 20 2024)
Last sale anchor
$15.65M
Sep 20 2024
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
$219 / 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
$81,906
Tax year 2023
Assessed value
$1,193,297
Assessed 2024
Previous assessed
$1,121,864
+6.4% YoY
Effective rate
6.86%
On assessed value
Land market value
$1,567,500
Improvement market value
$5,664,600
Total market value
$7,232,100
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
1998
Stories
1
Total area
56,316 SF
Lot
3.63 ac (158,243 SF)
APN
301-53-365
UPID
US07-3014783
Jurisdiction
MARICOPA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Stories
1
Lot
3.63 ac
Current owner
From public records · entity-resolved
Arizona Pipe Trades Joint Apprentic
Individual
Mailing address
11 DUPONT CIR NW #9, WASHINGTON, DC 20036-1207
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
$15,650,000
Arizona Pipe Trades Joint Apprentic
Frind Hardy LLC
Special Warranty Deed
$12,650,000 · Bank Of Labor
Apr 5, 2024
—
Frind Hardy LLC
—
Deed
related
$125,000,000 · Peoples Bank & Trust Co Of Pickett Co
Jun 3, 2022
$11,000,000
Frind Hardy LLC
Kimwell Corporation
Special Warranty Deed
—
Jun 3, 2022
—
Kimwell Corporation
7172 South Airport Road LLC
Special Warranty Deed
—
May 25, 2021
$7,800,000
7172 South Airport Road LLC
Pr Vwp Carver LLC
Special Warranty Deed
$4,700,000 · America First FCU
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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