Financial
Distress signals
Property profile

9920 Ray Rd Tempe, AZ 85284

OFF-MARKET
Strip malls
Property ID
US07-1379631
26,832 SF 3.4 ac lot Built 1998
Last sale Mar 2012 · $26,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 2,522-square-foot retail space located at a neighborhood intersection, positioned to serve a dense surrounding trade area. The space is configured for general retail use and is also suitable for grocery and convenience-oriented operations, as well as individual retail businesses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value · 2024$577k
Effective rate8.41%

Value estimate

· Sep 2026
$11.20M
$10.08M – $12.31M
Sales comparison$11.48M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$502/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$255 – $824
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PCC-2
The general PCC-2 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborh...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.7
Realty agency18.0
Hair Salon15.1

Location

9920 Ray Rd Tempe, AZ 85284
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1705 Ruby Dr, Tempe, AZ 85284-1060 $425,000 Jan 2025 29,785 SF
7707 Kyrene, Tempe, AZ 85284-1496 $11,250,000 Jul 2022 15,588 SF
8840 Kyrene, Tempe, AZ 85284 $11,500,000 Jun 2022 27,070 SF
8475 Emerald, Tempe, AZ 85284-1064 $535,934 Jun 2021 25,824 SF
1230 Elliot, Tempe, AZ 85284-1100 $18,500,000 Dec 2019 13,980 SF
7760 Priest, Tempe, AZ 85284-1002 $6,602,500 Aug 2019 43,710 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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