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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Auto shops
919 Mary St, Tempe, AZ 85288-1952
Individually Owned
10-yr Hold
Free & Clear
Property ID
US07-0976301
Property summary
AI-generated overview
This Tempe, Arizona industrial property offers a versatile space ideal for manufacturing, warehousing, or flex uses. Located at 919 N Mary St, Tempe, AZ 85288, at the intersection of Mary St and Curry Rd, this single-story, 9,500 square foot building sits on a 9,500 square foot lot. Built in 1960 and renovated in 2016, the property features a 20-foot ceiling height and is currently zoned I-2. A minimum of 2,300 square feet is divisible, with a maximum contiguous space of 9,500 square feet available. Currently, 2,300 square feet of space is vacant. The property includes 2 parking spaces and boasts 220-3 phase power. Included in the lease is forklift use. A covered area of 1153 square feet is located behind the bay doors. Property taxes are $1.30 per square foot. This Maricopa County property presents a unique opportunity for businesses seeking flexible and well-maintained industrial space. The property consists of a single building with multiple suites (2306 total).
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Construction
CONCRETE
Total area
3,010 SF
Lot
0.22 ac (9,496 SF)
Zoning code
IND-2
APN
132-19-009K
UPID
US07-0976301
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
-
Zig Zag Welding LLC General Contractor
-
Original Rock Replicas, Inc Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.50M
Owner & transaction history
Hossein Sattari · 10 yrs held
Hossein Sattari
since 2016
3 recorded transactions
Zoning & alternative use
IND-2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,070,000
Current use
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$497 / SF
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
$6,424
Tax year 2023
Assessed value
$117,381
Assessed 2024
Previous assessed
$99,059
+18.5% YoY
Effective rate
5.47%
On assessed value
Land market value
$313,300
Improvement market value
$398,100
Total market value
$711,400
Applied tax rate
30,001.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
3
Stories
1
Units
3
Total area
3,010 SF
Lot
0.22 ac (9,496 SF)
Zoning code
IND-2
APN
132-19-009K
UPID
US07-0976301
Jurisdiction
MARICOPA
Zoning & alternative use
IND-2 · Tempe, AZ
Zoning IND-2 · permitted uses
IND-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
AUTO REPAIR, GARAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
3
Units
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Hossein Sattari
Individual
Free & Clear · 10 yrs held
Mailing address
16132 E GLENBROOK BLVD, FOUNTAIN HILLS, AZ 85268-2237
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2016
$310,000
Hossein Sattari
Watkins,hazel R
Warranty Deed
—
Mar 19, 2008
—
Hazel R Fam Living Watkins
Watkins,hazel
Quit Claim Deed
related
—
May 5, 2003
$160,000
Hazel Watkins
Henderson,ruth C
Grant Deed
$148,000 · Ruth C F Henderson
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.
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