1109 Curry RdTempe, AZ 85281

Property Details for 1109 Curry Rd

Year built

2011

Construction

CONCRETE

Lot size

2.45 AC

Property size (Sq ft)

1,734 SF

Zone code

IND-2

Property type

Office properties

Property subtype

Office buildings

APN

132-18-001C

APU

13218001C

Description

This exceptional 8,000 square foot flex space, situated on a 2.45-acre lot in Tempe, Arizona, presents a compelling redevelopment opportunity. Built in 2011, this two-story building features 3 dock-high doors, 16-foot ceilings, and ample space for various uses. The property boasts a prime location in north Tempe, offering convenient access to major freeways, Valley Metro Rail, and Arizona State University. Its proximity to Carvana and its previous ownership by Lesueur Car Company makes it particularly well-suited for automotive-related businesses. The property is zoned IND-2, County Island, and its APN is 132-18-001C. The existing building includes a reception area, four offices, a conference room, break room, three bullpens, and restrooms. This versatile property offers significant potential for a variety of businesses seeking a strategic location in a thriving area. The ample lot size provides room for expansion or future development. This is an exceptional opportunity to acquire a well-located property with significant upside potential in a rapidly growing market. The property's address is 1109 E Curry Rd, Tempe, AZ 85281.

• CAP approach

  CAP return

  Valuation

  6%

  $444,724

  6.5%

  $410,515

  7%

  $381,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $329,405

  Geo Method

  $329,405

• Alternative Use

  Use

  Valuation

  Residential

  $509,038

  Hospitality

  $466,276

  Educational

  $387,936

  Medical

  $401,278

  Retail

  $603,457

Location Insight

City

Tempe

County

Maricopa

State

Arizona

Latitude

33.4394

Longitude

-111.922

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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