Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Tempe, AZ 85288

    • Commercial land
    • 2.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 03, 2022
    $11,200,000
    Location Intelligence
    Property ID
    US07-1798009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details

    Lot size
    2.23 lot acres
    Zone code
    PAD
    Property type
    Commercial land
    APN
    132-32-017
    APU
    13232017

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.922
    Latitude
    33.43
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,902
    $0.00
    $0.00
    $715,740
    -
    $4,771,600
    $0.00
    $4,771,600

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      2530 University Dr

      VACANT COMMERCIAL LAND • 0.27 Acres
      2530 University Dr, Tempe, AZ 85288
      View Details
    • Value Estimation by Request
      1.03 Acres

      Tempe, AZ 85288

      VACANT COMMERCIAL LAND • 1.03 Acres
      Tempe, AZ 85288
      View Details
    • Value Estimation by Request
      0.25 Acres

      Tempe, AZ 85288

      VACANT COMMERCIAL LAND • 1,311 SF
      Tempe, AZ 85288
      View Details
    • Value Estimation by Request
      0.83 Acres

      700 Evergreen Rd

      VACANT COMMERCIAL LAND • 0.83 Acres
      700 Evergreen Rd, Tempe, AZ 85288
      View Details
    • Value Estimation by Request
      1.34 Acres

      1150 Vis Del Lago Dr

      VACANT COMMERCIAL LAND • 1.34 Acres
      1150 Vis Del Lago Dr, Tempe, AZ 85288-7205
      View Details
    • Value Estimation by Request
      1.31 Acres

      Tempe, AZ 85288

      VACANT COMMERCIAL LAND • 1.31 Acres
      Tempe, AZ 85288
      View Details

    Similar Nearby for Sale

    • $220,000
      0.18 Acres

      Residential Lot in Tempe

      Buildable residential lot in Tempe, sewer tap available.
      1986 E University Dr, Tempe, AZ 85288
      View Details
    • $11,100,000

      Tempe Land: Redevelopment Opportunity

      Prime Tempe location, ±5.86 acres, I-2 zoning.
      1035 Gilbert Rd, Tempe, AZ 85288
      View Details
    • Contact for pricing
      0.93 Acres

      Tempe Commercial Land - 0.933 Acres

      Prime Tempe location, high-density potential.
      2227 Mcarthur Dr, Tempe, AZ 85288
      View Details
    • $165,000
      0.16 Acres

      Tempe Land Parcel For Sale

      Land parcel in Tempe, zoned AG, near Arizona State University.
      1986 E University Dr, Tempe, AZ 85288
      View Details
    • $3,684,000
      2,490 SF

      New Wendy's Net Lease Opportunity

      New 2025 build-to-suit Wendy’s in Tempe, Arizona for sale.
      109 South Perry Ln, Tempe, AZ 85288
      View Details
    • $255,000
      987 SF

      Updated Tempe/ASU Gem

      Turn-key property near ASU, amenities, and transportation.
      524 S Allred Dr, Tempe, AZ 85288
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      334,000 SF

      Tempe Office Space Available

      334,000 sq ft office space for rent.
      1145 Vis Del Lago Dr, Tempe, AZ 85288
      View Details
    • $19 SF/Yr
      48,000 SF

      Tempe Flex Space: 48,000 SF

      Industrial flex space, Tempe, AZ. Multiple suites available.
      1835 6Th St, Tempe, AZ 85288
      View Details
    • Contact for pricing
      26,000 SF

      Shorehaven Tempe Town Lake Retail

      Luxury waterfront retail space, 26,000 sqft.
      0 Scottsdale Rd & Rio Salado Pkwy, Tempe, AZ 85288
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tempe, AZ 85288
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.