Technical
Financial
Distress signals
Property profile

925 23rd St Tempe, AZ 85282

OFF-MARKET
Distribution centers
Property ID
US07-0974956
67,760 SF 4.55 ac lot Built 1964
Trust Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1964
Construction CONCRETE
Total area 67,760 SF
Lot 4.55 ac (198,000 SF)
Zoning code GID
APN 123-35-042D
UPID US07-0974956

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
  • Construction Company General Contractor

Location

925 23rd St Tempe, AZ 85282-1806
Tempe metro Census 319705 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
$10.17M
Blend (final) Blend
$710k

Owner & transaction history

since 2004
6 recorded transactions
2004
Price N/A
1997
Price N/A
1997
$2.0M
1994
$3.4M
1993
$2.0M
1987
$4.9M

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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