1846 3Rd StTempe, AZ 85288

  • Warehouses
  • 7,096 SF
For Sale
$460,000 View listing

Property Details for 1846 3Rd St

Year built
1987
Construction
CONCRETE
Lot size
0.13 AC
Property size (Sq ft)
7,096 SF
Zone code
GID
Property type
Warehouses
APN
132-41-048
APU
13241048

Description

This ±1,920 square foot industrial condo in Tempe, Arizona, presents a compelling owner-user or investment opportunity, ideally suited for automotive uses. Located at 1846 E 3rd St, 85288, this two-story, 1996-built warehouse boasts four 12x12 grade-level loading docks, a 700 square foot mezzanine, and a 16-foot clear height. The property features block construction, evaporative cooling (recently replaced), and 400A 120/208V power (buyer to verify). Zoned GID, Tempe, the property sits on a ±1,920 square foot lot (APN: 132-41-047, 132-41-048) and enjoys a central location near Arizona State University and the 101/202 freeways. A Phase I Environmental Site Assessment was completed in 2021. The asking price is $460,000, translating to $239.58 per square foot. The property is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,357,258
    Hospitality
    $2,159,235
    Educational
    $1,796,458
    Medical
    $1,858,241
    Retail
    $2,794,491

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.4282
Longitude
-111.907
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
$2,729
-
-
$43,032
-
$52,100
$208,700
$260,800

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