Property profile

912 Park Ln Tempe, AZ 85281

OFF-MARKET
Other warehouses
Property ID
US07-0832798
33,555 SF 2.12 ac lot Built 1973
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This industrial warehouse facility in Tempe, Arizona includes multiple suites configured for occupancy with grade-level doors measuring 12’x14’ or 10’x12’ and dock-high/truckwell doors measuring 8’x10’. The property provides a large truck court to support truck maneuverability and offers warehouse clear heights in the 14’ to 20’ range. It is zoned GID by the City of Tempe and is fully sprinklered. Electrical service is provided as 120/208V, 3-phase power from SRP. Parking is provided at a ratio of 1.10 spaces per 1,000 square feet. The site is approximately 3 minutes from Phoenix Sky Harbor Airport and is suitable for warehouse, industrial, and distribution uses.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Construction CONCRETE
Total area 33,555 SF
Lot 2.12 ac (92,310 SF)
Zoning code GID
APN 124-56-035A
UPID US07-0832798

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
  • (Bike/Boat/Book/etc) Store
  • HVAC Service General Contractor
  • Industrial Manufacturer Production Facility
  • Hardware & Home Improvement Kitchen & Bath Showroom

Location

912 Park Ln Tempe, AZ 85281-5108
Tempe metro Census 319710 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$795k

Owner & transaction history

since 2025
Last sale
$27.1M
4 recorded transactions
2025
$27.1M
2020
$18.6M
2017
Price N/A
2007
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

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.

General category INDUSTRIAL

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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