1035 LemonTempe, AZ 85281

  • Strip malls
  • 5,360 SF
Off market
$9,762,580 Estimated

Property Details for 1035 Lemon

Year built
1973
Construction
CONCRETE
Lot size
0.97 AC
Property size (Sq ft)
5,360 SF
Zone code
CSS
Property type
Strip malls
Property subtype
Neighborhood centers
APN
132-73-127B
APU
13273127B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,116,860
    6.5%
    $1,030,950
    7%
    $957,310
  • Comparable approach

    Method
    Valuation
    Relative Method
    $859,294
    Geo Method
    $859,294
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,040,390
    Mixed-Use / Specialty
    $1,015,170
    Hospitality / Lodging
    $729,049
    Office
    $996,542
    Institutional / Educational
    $1,051,050
    Residential Income
    $1,229,730
    Multifamily
    $1,541,940
    Automotive / Energy
    $900,899
    Parking / Income-Based Land
    $322,843
    Restaurant / Food Service
    $502,179
    Healthcare / Senior Housing
    $1,053,450

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.4163
Longitude
-111.922
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
$34,813
-
-
$459,882
-
$2,072,100
$715,065
$2,787,165

FAQs

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