7305 S Kyrene Rd Tempe, AZ 85283
South Tempe NeighborhoodEstimated payment $24,160/month
Highlights
- 1.32 Acre Lot
- Central Air
- Heating Available
- Kyrene del Norte School Rated A-
- Concrete Flooring
About This Home
Discover an exceptional add-value and owner-user opportunity at 7305 S Kyrene Road in Tempe. This 12,220 SF property, situated on 1.32 acres, is zoned I-1 (Light Industrial), offering flexible space ideal for light industrial and office purposes. Built-in 2000 as a retail strip center, the property previously housed notable tenants like FedEx, office users, and a Pilates studio. It is currently being occupied as a boxing gym.
This versatile asset provides eligibility for all l-1 uses, including permits allowing medical clinics. Additionally, the property is eligible for permits for retail and various special use permits, making it a prime opportunity for repositioning or redevelopment.
Property Details
Property Type
- Other
Est. Annual Taxes
- $24,144
Year Built
- Built in 2000
Lot Details
- 1.32 Acre Lot
- Block Wall Fence
- Property is zoned I-1
Home Design
- 12,200 Sq Ft Home
- Foam Roof
- Block Exterior
Flooring
- Concrete
- Vinyl
Parking
- 60 Open Parking Spaces
- 60 Parking Spaces
- Fenced Parking
Utilities
- Central Air
- Heating Available
Community Details
- Operating Expense $24,144
Listing and Financial Details
- Assessor Parcel Number 301-47-015-H
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $24,144 | $221,530 | -- | -- |
| 2024 | $24,272 | $217,574 | -- | -- |
| 2023 | $24,272 | $350,914 | $118,762 | $232,152 |
| 2022 | $23,826 | $299,443 | $96,075 | $203,368 |
| 2021 | $25,056 | $298,890 | $98,820 | $200,070 |
| 2020 | $24,501 | $287,982 | $86,832 | $201,150 |
| 2019 | $23,774 | $255,870 | $83,808 | $172,062 |
| 2018 | $23,050 | $247,014 | $75,744 | $171,270 |
| 2017 | $22,165 | $236,790 | $70,128 | $166,662 |
| 2016 | $22,363 | $213,534 | $62,064 | $151,470 |
| 2015 | $21,196 | $181,301 | $59,367 | $121,934 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2025 03/23/25 | Price Changed | $3,995,000 | -10.2% | $327 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $4,450,000 | -5.3% | $365 / Sq Ft |
| 01/03/2025 01/03/25 | Price Changed | $4,700,000 | -6.0% | $385 / Sq Ft |
| 12/23/2024 12/23/24 | For Sale | $5,000,000 | -- | $410 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,040,000 | Security Title Agency | |
| Warranty Deed | $268,000 | Stewart Title & Trust |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $920,000 | Commercial | |
| Previous Owner | $275,000 | Credit Line Revolving | |
| Previous Owner | $170,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6797092
APN: 301-47-015H
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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