Courtesy of ARMLSNWMLS

OverviewEstate Overview - $1,900,000

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4325 S 48th Street,

Tempe, AZ 85282

The Vineyard Plaza at 4325 S 48th Street is a fully occupied strip center in the thriving Tempe submarket.Tenants are paying rents averaging 22% below market, presenting strong value-add potential and future rent growth.Offered well below replacement cost at a 7% in-place cap rate, this multi-tenant center is surrounded by new developments and offers easy access to the 60, 10, and 143 Highways...See More

  • 0 Beds
  • 0 Baths
  • 39857 Sqft
  • Land/commercial

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,950,000
Listing Date: 03/20/2025
Days on dealty:Was on Dealty for 57 days
County:Maricopa
MLS Type:ARMLS
Built In:1988
Has HOA:Yes
Status Change Date:May 16, 2025
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: ********
  • Construction materials: Block
  • Roof: Built-Up
Flooring
  • Concrete
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: ,
  • Fencing: None
Lot Details
  • Lot size: 0.92 Acres / 39857.0 Square feet

AmenitiesAmenities

Utilities
  • Cooling - Central Air
  • Heating - Electric
  • Water Source : City Franchise
  • Sewer Information : Public Sewer
Laundry
    --
Parking
  • Parking Features: Free
  • Garage Spaces: 0
  • Covered Spaces: 49
  • Parking Spaces: 0

HOAHOA & Financial

Primary HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Second HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Third HOA
    No

HistoryFinancial History

Listing Finances
  • Tax Lot TRACT A
  • Parcel Number 123-27-354
Communications
  • Built by: ********
Price History
DateActionPrice
19/03/2019Resale
$950,000
06/11/2009Resale
$1,000,000
02/01/2008Resale
$1,690,000
21/03/2005Resale
$1,150,000
27/12/2002Resale
$645,000
01/11/1994Resale
$260,000
04/04/1994Resale
$225,000
04/04/1994New Construction
$225,000
31/08/1990Resale
$193,000

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
  • KNOELL GARDEN GROVES UNIT 3

NeighborhoodExplore The Area

Similar HomesSimilar Properties

AgentListing Agent

Agent
Reuben Nach

(R.O.I. Properties)

MLS # 6851451

4325 S 48th Street

Tempe, AZ 85282

$1,900,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/4325-s-48th-street-tempe-az-85282
Approx sqft
39857
Year Built
1988
Lot Size
39857 sqft/ 0.917 acres

The Vineyard Plaza at 4325 S 48th Street is a fully occupied strip center in the thriving Tempe submarket. Tenants are paying rents averaging 22% below market, presenting strong value-add potential and future rent growth. Offered well below replacement cost at a 7% in-place cap rate, this multi-tenant center is surrounded by new developments and offers easy access to the 60, 10, and 143 Highways.

AGENT CONTACT

Multiple Listing Service of ARMLS

All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.