825 48Th StTempe, AZ 85281

  • Turn key restaurants
  • 8,562 SF

Property Details for 825 48Th St

Year built
1980
Construction
STEEL FRAME
Lot size
1.72 AC
Property size (Sq ft)
8,562 SF
Zone code
I-1
Property type
Turn key restaurants
APN
124-56-050A
APU
12456050A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,590,260
    6.5%
    $1,467,930
    7%
    $1,363,080
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,372,630
    Geo Method
    $1,372,630
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,935,810
    Mixed-Use / Specialty
    $1,433,120
    Hospitality / Lodging
    $1,012,920
    Office
    $1,393,800
    Institutional / Educational
    $1,479,290
    Residential Income
    $1,730,770
    Multifamily
    $2,239,780
    Automotive / Energy
    $1,267,970
    Parking / Income-Based Land
    $466,784
    Restaurant / Food Service
    $682,247
    Healthcare / Senior Housing
    $1,499,970

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.4209
Longitude
-111.977
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
$27,429
-
-
$256,113
-
$767,300
$784,900
$1,552,200

FAQs

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