815 Geneva Dr Tempe, AZ 85282-3314
Property summary
This exceptional 25,133-square-foot manufacturing facility, located at 815 W Geneva Drive in Tempe, Arizona, presents a compelling investment opportunity. Built in 1983, this single-story Class B industrial building sits on a 1.4-acre lot and features six loading docks, a 12-foot ceiling height, and evaporative cooling. The property is zoned GID - Tempe and boasts a concrete yard and truck aprons, along with heavy power capabilities. The building has been meticulously maintained by a long-term owner-occupant, reflecting a clear pride of ownership. This property offers significant potential for a variety of manufacturing uses. A unique aspect of this offering is the opportunity to acquire an adjacent property at 3207 S. Hardy Drive, expanding the total square footage to 37,073 square feet on a combined 2.3 acres. This presents a rare chance to consolidate operations or expand existing facilities within a highly desirable Tempe location. The asking price for this exceptional property is $6,500,000. The property consists of one unit.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GID · Tempe, AZGeneral 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.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for GID in Tempe, AZ.
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