Property profile

903 Lemon St Tempe, AZ 85281

OFF-MARKET
Strip malls
Property ID
US07-0807801
4,545 SF 0.08 ac lot Built 1966
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1966
Construction CONCRETE
Total area 4,545 SF
Lot 0.08 ac (3,485 SF)
Zoning code CSS
APN 132-73-096A
UPID US07-0807801

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store (Bike/Boat/Book/etc) Store

Location

903 Lemon St Tempe, AZ 85281-3901
Tempe metro Census 319101 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$380k

Owner & transaction history

since 2013
5 recorded transactions
2024
Price N/A
2019
Price N/A
2013
$3.5M
1997
Price N/A
1997
Price N/A

Zoning & alternative use

CSS · Tempe, AZ
Zoning description

balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned…

General category COMMERCIAL
Top alternative use upside
Retail stores $2.4M +4.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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