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Property profile & analytics
OFF-MARKET
Flex space
8240 Kyrene Rd, Tempe, AZ 85284-2117
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1223469
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2000
Construction
CONCRETE
Total area
31,692 SF
Lot
9.25 ac (402,930 SF)
Zoning code
HID
APN
301-53-003B
UPID
US07-1223469
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
-
Bishop Fox IT Consulting Firm Tech Support Center
-
Firetrol Protection Systems, Inc. General Contractor Security Service
-
Transcat Phoenix, Arizona - Test Equipment Rentals (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Transcat Phoenix, AZ - Test & Measurement Distribution Accredited Calibration Lab Laboratory Laboratory Equipment Supplier
-
Joyin Party Supply Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tempe 8000 Properties Bk67 LLC · 1 yrs held
Tempe 8000 Properties Bk67 LLC
since 2025
Last sale
$75.5M
7 recorded transactions
Zoning & alternative use
HID · Tempe, AZ
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$150,522
Tax year 2023
Assessed value
$2,731,179
Assessed 2024
Previous assessed
$2,173,943
+25.6% YoY
Effective rate
5.51%
On assessed value
Land market value
$3,979,600
Improvement market value
$12,573,000
Total market value
$16,552,600
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
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
31,692 SF
Lot
9.25 ac (402,930 SF)
Zoning code
HID
APN
301-53-003B
UPID
US07-1223469
Jurisdiction
MARICOPA
Zoning & alternative use
HID · Tempe, AZ
Zoning HID · permitted uses
HID · 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.
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
9.25 ac
Current owner
From public records · entity-resolved
Tempe 8000 Properties Bk67 LLC
Entity
Mailing address
1255 23RD ST NW STE #250, WASHINGTON, DC 20037-1168
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2025
$75,500,000
Tempe 8000 Properties Bk67 LLC
Kyrene Property Owner LP
Special Warranty Deed
—
Dec 23, 2020
$54,927,472
Kyrene Property Owner LP
Ejm Kyrene Property LLC
Grant Deed
related
$206,418,600 · Rbc R/e Cap Corp
Jun 26, 2002
—
Ejm Kyrene Property LLC
Ejm Kyrene Spe LLC
Quit Claim Deed
related
$17,545,000 · Lend Lease Mortgage Capital LP
Jun 30, 1998
$3,840,620
Ejm Development Co
Kyrene-22
Grant Deed
$1,928,000 · Wells Fargo Bank
Dec 22, 1997
$1,708,945
22 L L C Kyrene
M & B Capital Group L L C
Grant Deed
—
Jul 16, 1997
$397,700
M & B Capital Group L L C
Vss Company INC
Grant Deed
related
—
—
—
Ejm Kyrene Property LLC
—
Deed Of Trust
related
$20,500,000 · 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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