Financial
Distress signals
Property profile

8950 S 52Nd St Tempe, AZ 85284

FOR LEASE
Office buildings
Property ID
US07-1735171
81,179 SF 4.56 ac lot Built 2000
Last sale Jan 2019 · $12,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A medical office building, One Agave, offers 77,432 square feet of prime space in Maricopa County. Three suites are currently available, ranging from 2,830 to 4,356 contiguous square feet, with a total of 11,048 square feet currently vacant. The building boasts impressive features including monument signage, enhanced landscaping, energy-efficient construction with dual-pane high-performance glass, and fiber optic availability. The interior features a two-story vaulted lobby with

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$234k
Tax billed · 2023
Assessed value · 2024$2.75M
Effective rate8.51%

Value estimate

· Sep 2026
$30.12M
$27.11M – $33.13M
Sales comparison$30.12M
NOI build-up
Gross scheduled income$2k
Vacancy & credit loss−$502
Operating expenses−$458
NOI · 4,438.71% cap applied$1k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$233/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$106 – $371
Qualifying comparables11

Cap rate analysis

How does the asset earn?
4,438.71%
$1k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop10.5
Electrical Service10.2
Laundry Service9.9

Location

8950 S 52Nd St Tempe, AZ 85284
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8312 Hardy, Tempe, AZ 85284-2006 $14,400,000 Nov 2024 75,280 SF
8140 Hardy, Tempe, AZ 85284-1105 $9,000,000 Dec 2023 61,716 SF
1120 Warner, Tempe, AZ 85284-2816 $34,500,000 Jul 2023 50,713 SF
8160 Hardy, Tempe, AZ 85284-1117 $13,928,360 Jun 2023 95,070 SF
8440 Hardy, Tempe, AZ 85284-2012 $12,350,000 Nov 2022 149,638 SF
910 Carver, Tempe, AZ 85284-5265 $10,500,000 Feb 2022 99,696 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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