Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
9600 54th St Tempe, AZ 85283
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0884380
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.2 ac (96,006 SF)
Zoning code
GID
APN
301-42-034
UPID
US07-0884380
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pegasus Tempe Owner LLC · 4 yrs held
Pegasus Tempe Owner LLC
since 2021
7 recorded transactions
Zoning & alternative use
GID · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,423
Tax year 2023
Assessed value
$153,351
Assessed 2024
Previous assessed
$137,394
+11.6% YoY
Effective rate
6.80%
On assessed value
Land market value
$929,400
Total market value
$929,400
Applied tax rate
281,600.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
2.2 ac (96,006 SF)
Zoning code
GID
APN
301-42-034
UPID
US07-0884380
Jurisdiction
MARICOPA
Zoning & alternative use
GID · Tempe, AZ
Zoning GID · permitted uses
GID · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
2.2 ac
Current owner
From public records · entity-resolved
Pegasus Tempe Owner LLC
Entity
Mailing address
3800 N LAMAR BLVD STE #350, AUSTIN, TX 78756-4019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$11,408,000
Pegasus Tempe Owner LLC
Mineral Road Trust Partners LLC
Special Warranty Deed
—
Oct 9, 2019
—
Sixty-seven Twenty LLC
—
Loan Modification
related
$2,842,000 · Johnson Bk
Jan 30, 2019
$4,100,000
Sixty-seven Twenty LLC
Mca Clementine LLC
Trustees Deed
$2,842,000 · Johnson Bk
Nov 8, 2016
—
Mineral Road Trust Ptrs LLC
—
Deed
related
$3,400,000 · Us Bk
Aug 1, 2014
$2,400,000
Mca Clementine LLC
Dc Leasing INC
Grant Deed
$1,600,000 · Interamerican Investments INC
Nov 8, 1994
—
Cox Family Trust
Cox
Quit Claim Deed
related
—
May 17, 1991
$870,000
Donald E Cox
First Nationwide
Grant Deed
related
$696,000 · Master Mortgage
Aug 1, 1988
$1,800,000
S Clementine
—
Deed Of Trust
related
—
May 27, 1988
—
Patrick Burke
—
Trustees Deed
related
—
May 27, 1988
$450,000
Draine Group Pho
—
Trustees Deed
related
—
May 1, 1988
$450,000
Draine Group Pho
Home
Trustees Deed
—
May 1, 1988
$1,800,000
Slatkin
Burke
Trustees Deed
—
May 1, 1988
$1,500,000
H Patrick Burke
Title
Trustees Deed
—
—
—
D C Leasing INC
—
Deed Of Trust
related
—
—
—
Dc Leasing INC
—
Deed Of Trust
related
$2,075,000 · Mellon First Business Bank
—
—
Salvatore Gatto Partners LP
—
Deed Of Trust
related
$15,000 · Oscar J Tarango
—
—
Dc Leasing INC
—
Deed Of Trust
related
$1,714,000 · First Enterprise Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9600 54th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
