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$3,500,000

  • Sold
  • Closed
  • Commercial
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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.

Full Property Details for 7305 S Kyrene Rd

General

  • Sold For: $3,500,000
  • Taxes: $24,144 (2024)
  • Status: Closed
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6797092
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Medical, Mixed, Dental, Retail, Service Business

Interior

  • Flooring: Vinyl, Concrete

Additional Information

  • Security/Safety: Security Camera(s), Security System

Parking

  • Parking Features: Fenced

Location

  • County: Maricopa
  • Township: 1S
  • Cross Streets: W Elliot Rd & S Kyrene Rd

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial, Industrial
  • Exterior Const.: Block
  • Roof: Foam
  • Year Built: 2000

Lot Features

  • Lot Size (Acres): 1.32
  • Lot Size (Sq. Ft.): 57,499
  • Zoning: I-1
  • Fencing (Description): Block

Financial Considerations

  • Tax Amount: $24,144
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: PT SW4 DAF COM SW COR SEC TH N 1388.11F TH E 55F TO TPOB TH CONT E 262.50F TO PT ON W R/W LN SP R/R
  • Property ID: 301-47-015-H
  • Range: 4E
  • Section: 10

Listed by Apex Residential
Sold by First Stop Realty

Listing agent

— 7305 S Kyrene Rd —

  • Apex Residential

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7305 S Kyrene Rd

School Districts:Tempe Union High School District, Kyrene Elementary District
NameGradesDistance
Kyrene de los Ninos School
1330 East Dava Drive, Tempe, AZ 85283
PK-51.4 mi
Kyrene Middle School
1050 East Carver Road, Tempe, AZ 85284
6-81.5 mi
Kyrene Del Norte School
1331 East Redfield Road, Tempe, AZ 85283
PK-51.7 mi
Marcos De Niza High School
6000 South Lakeshore Drive, Tempe, AZ 85283
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7305 S Kyrene Rd

Date
Details
Price
Change
Source
1/29/2026
Sold
$3,500,000
-12.39%
MLS
3/23/2025
Price Reduced
$3,995,000
-10.22%
MLS
2/10/2025
Price Reduced
$4,450,000
-5.32%
MLS
1/03/2025
Price Reduced
$4,700,000
-6%
MLS
12/23/2024
Listed
$5,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Apex Residential
Sold by First Stop Realty

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7305 S Kyrene Road, Tempe, AZ 85283 (MLS# 6797092) is a Commercial property that was sold at $3,500,000 on January 29, 2026. Want to learn more about 7305 S Kyrene Road? Do you have questions about finding other Commercial real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.