919 Mary StTempe, AZ 85288

Property Details for 919 Mary St

Year built

1981

Construction

CONCRETE

Lot size

0.22 AC

Property size (Sq ft)

3,010 SF

Zone code

IND-2

Property type

Auto shops

APN

132-19-009K

APU

13219009K

Description

This Tempe, Arizona industrial property offers a versatile space ideal for manufacturing, warehousing, or flex uses. Located at 919 N Mary St, Tempe, AZ 85288, at the intersection of Mary St and Curry Rd, this single-story, 9,500 square foot building sits on a 9,500 square foot lot. Built in 1960 and renovated in 2016, the property features a 20-foot ceiling height and is currently zoned I-2. A minimum of 2,300 square feet is divisible, with a maximum contiguous space of 9,500 square feet available. Currently, 2,300 square feet of space is vacant. The property includes 2 parking spaces and boasts 220-3 phase power. Included in the lease is forklift use. A covered area of 1153 square feet is located behind the bay doors. Property taxes are $1.30 per square foot. This Maricopa County property presents a unique opportunity for businesses seeking flexible and well-maintained industrial space. The property consists of a single building with multiple suites (2306 total).

• CAP approach

  CAP return

  Valuation

  6%

  $1,009,914

  6.5%

  $932,228

  7%

  $865,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,347,961

  Geo Method

  $1,347,961

• Alternative Use

  Use

  Valuation

  Residential

  $786,369

  Hospitality

  $720,310

  Educational

  $599,290

  Medical

  $619,900

  Retail

  $932,228

Location Insight

City

Tempe

County

Maricopa

State

Arizona

Latitude

33.4397

Longitude

-111.923

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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