Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,010,000
Strip malls
815 Baseline Rd Tempe, AZ 85283-1572
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US07-0660936
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Construction
CONCRETE
Total area
12,714 SF
Lot
1.09 ac (47,282 SF)
Zoning code
PCC-2
APN
301-80-547
UPID
US07-0660936
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
-
Jack Chumadevsky - GEICO Insurance Agent Insurance Agency
-
Chipotle Mexican Grill Restaurant
-
Cost Of Rekeying A Car Auto Repair Shop Vehicle Inspection Center
-
The Joint Chiropractic Alternative Medicine Practice
-
Change Master Key Tempe Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.27M
Blend (final)
Blend
$10.01M
Owner & transaction history
Tempe Shops B LLC · 15 yrs held
Tempe Shops B LLC
since 2010
4 recorded transactions
Zoning & alternative use
PCC-2 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.9M
+38.8%
Auto repair, garage
$8.7M
+36.9%
Industrial (general)
$6.7M
+5.3%
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
NEIGHBORHOOD: SHOPPING CENTER
$6,385,000
Current use
RESTAURANT
$8,865,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,740,000
Change: +37% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,720,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$6,695,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$10.01M
Range $9.01M – $11.01M · ±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
$787 / 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
$55,177
Tax year 2023
Assessed value
$516,242
Assessed 2024
Previous assessed
$462,723
+11.6% YoY
Effective rate
10.69%
On assessed value
Land market value
$1,362,100
Improvement market value
$1,766,640
Total market value
$3,128,740
Applied tax rate
31,600.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
12,714 SF
Lot
1.09 ac (47,282 SF)
Zoning code
PCC-2
APN
301-80-547
UPID
US07-0660936
Jurisdiction
MARICOPA
Zoning & alternative use
PCC-2 · Tempe, AZ
Zoning PCC-2 · permitted uses
PCC-2 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.4M
RESTAURANT
Est. value
$8.9M
AUTO REPAIR, GARAGE
Est. value
$8.7M
INDUSTRIAL (GENERAL)
Est. value
$6.7M
RETAIL STORES
Est. value
$6.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2009
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Tempe Shops B LLC
Entity
Mailing address
1424 LAGUNA ST UNIT A, SANTA BARBARA, CA 93101-1265
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2020
—
Tempe Shops B LLC
—
Deed
related
$3,000,000 · Miscellaneous Ins Co
Oct 8, 2010
$5,956,000
Tempe Shops B LLC
Rural Baseline LLC
Grant Deed
$2,500,000 · Symetra Life Insurance Co
Jun 11, 2009
—
Rural Baseline LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Tempe Shops B LLC
—
Deed Of Trust
related
$3,000,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 815 Baseline Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
