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825 S Rural Rd 1,923 SF Retail Building Tempe, AZ 85281 For Sale

Retail Buildings Arizona Tempe 825 S Rural Rd, Tempe, AZ 85281

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Investment Highlights

  • Negotiated Standard Zoning for up to 25 Stories of Condo’s, 10 Stories of multifamily and Mixed Use w/ Retail and Hotel Achievable in Six Months
  • Trophy Development – Inquire with Listing Agents for Whole Corner Redevelopment Deliverability and Pricing Guidance
  • "Gateway to the City" Priority Redevelopment per Tempe Heads of Planning and Economic Development

Executive Summary

*Negotiated Standard Zoning for up to 25 Stories of Condo’s, 10 Stories of multifamily and Mixed Use w/ Retail and Hotel Achievable in Six Months per Tempe Heads of Planning and Economic Development
*Trophy Development – Inquire with Listing Agents for Whole Corner Redevelopment Deliverability and Pricing Guidance
*Exit Cap 4%+/- with Condo Sales Prices Ranging from $750K-$3M+++

Property Facts Under Contract

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,923 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.19 AC
Zoning
MU-4 - Negotiated Standard! Up to 25 Stories of Condo's - 10 stories Multifamily/Hotel/Retail
Parking
10 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
53’ on S Rural Rd

Amenities

  • Bus Line
  • Commuter Rail
  • Signage
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Trader Joe's
PNC Bank
McAlister's Deli
Macayo's Mexican Food
Starbucks
Vine Tavern & Eatery
Flower Child
Buffalo Wild Wings
IHOP
Blue Sushi Sake Grill

Property Taxes

Parcel Number 132-73-040B Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $129,001 CAD

Property Taxes

Parcel Number
132-73-040B
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$129,001 CAD
(914) 384-2475

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 25254710

  • Date on Market: 2022-03-15

  • Last Updated:

  • Address: 825 S Rural Rd, Tempe, AZ 85281

The Downtown Tempe Retail Property at 825 S Rural Rd, Tempe, AZ 85281 is currently available. Contact Cambridge Properties for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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825 S Rural Rd
(914) 384-2475 x

825 S Rural Rd

Henry Kerson
(914) 384-2475

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