2330 University DrTempe, AZ 85281

  • Office properties
  • 27,626 SF
For Lease
$15.60/SF/YR View listing

Property Details for 2330 University Dr

Year built
1983
Construction
CONCRETE
Lot size
2.13 AC
Property size (Sq ft)
27,626 SF
Zone code
GID
Property type
Office properties
Property subtype
Office buildings
APN
124-39-031
APU
12439031

Description

This exceptional Tempe property, located at 2330 W University Dr, offers 18,229 square feet of combined office and industrial space. Currently, 6,900 square feet is available for lease, ideal for a variety of businesses. The building, constructed in 1983, is zoned I-1 and situated in the Tempe Northwest Industrial submarket, conveniently located near the intersection of 48th St & University Dr in Maricopa County, Arizona (zip code 85281). The property features a robust 400-amp power supply, making it suitable for businesses with significant energy demands. The space is classified as multi-tenant, offering flexibility for businesses of varying sizes. The building's diverse zoning and ample square footage make it suitable for executive office space, manufacturing operations, and warehouse storage, providing a unique opportunity to combine these functions under one roof. This prime location in Tempe offers excellent access to major transportation routes and a thriving business community. The available 6,900 square feet presents a significant opportunity for a business seeking a versatile and well-equipped space in a desirable location. Inquire today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,298,791
    6.5%
    $3,968,115
    7%
    $3,684,678
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,258,548
    Geo Method
    $4,258,548
  • Alternative Use

    Use
    Valuation
    Residential
    $4,920,462
    Hospitality
    $4,507,118
    Educational
    $3,749,869
    Medical
    $3,878,832
    Retail
    $5,833,129
2330 University Dr, Tempe, Arizona

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.4224
Longitude
-111.974
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
$59,258
-
-
$504,702
-
$585,200
$2,473,600
$3,058,800

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