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Office Building with Private Offices

1012 S Stapley Dr Unit 101, Mesa, AZ 85204

For Sale
$1,310,540

C-O-zoned workspace includes conference rooms, a kitchen and covered parking for staff and visitors.

Property Size3,404 SF
Price / SF$385
Days on Market235

Property Features for 1012 S Stapley Dr Unit 101

General Information

Standard status Active
Size 3,404 SF
Total Parking Spaces 12
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes
Property Use Office

Amenities

conference rooms
kitchen/break room

Building Details

Year Built 2003
Buildings 1
Tenancy Single
Listing Agency: American Realty Brokers
Listed By: Joanne Jaffa
Source: Findyourphoenixazhome
Added: Mar 24 Changed: Nov 11 Last Checked: Oct 24 at 2:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of American Realty Brokers

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Investment Insights

Based on property information with market context.

Built in 2003, this 3,404-square-foot office building has eight private offices and two conference rooms, including one enclosed by floor-to-ceiling glass. A kitchen and break room support day-to-day use, while the flexible layout accommodates professional office operations. The property is zoned C-O and includes 12 covered parking spaces.

The building has frontage on Stapley Drive and offers quick access to the U.S. 60 Freeway.

Key Highlights

  • 3,404‑square‑foot office building, built in 2003
  • Eight private offices and two conference rooms
  • One conference room enclosed with floor‑to‑ceiling glass

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,969
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,380 $1.1M
Cap Rate 7%
$813,843 $813.8K
Cap Rate 9%
$632,989 $633.0K
Market Conditions
NOI Build-Up for 3,404 SF
Gross rent
$94.4K $27.72/SF
− Vacancy
−$18.4K −$5.41/SF
EGI
$76.0K $22.31/SF
− OpEx
−$19.0K −$5.58/SF
NOI
$57.0K $16.74/SF
Area
ZIP 85204
Vacancy
19.50%
Lease Rate
$27.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,380
Cap Rate 7%
$813,843
Cap Rate 9%
$632,989

Alternative Uses

Best Use
Office B
$813.8K
$712.1K – $949.5K (±1% cap)
NOI $56,969 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$989.0K – $1.32M (±1% cap)
NOI $79,118 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Carranza Dental Dental Office Farm Bureau Financial ... Insurance Agency Epic Tales Community Center Farm Bureau Financial ... Insurance Agency AZmazing Slow Motion Wedding Service

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store Veterinary Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

763
Businesses Nearby

Demographics for 85204, AZ

63,808
Population
24,536
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
84%
High-School Grad
9.9 sq mi
ZIP Area
6,445
Density / Sq Mi
$69,474
Median Household Income
$40,347
Median Earnings
$1,426
Median Rent
$296,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Mesa, AZ

$239 Jul
$334 Aug
$281 Sep
$298 Oct

Properties on Market for Office buildings in Mesa

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - C-O-zoned workspace includes conference rooms, a kitchen and covered parking for staff and visitors.
Where is this office building located?
The property is located at 1012 S Stapley Dr Unit 101 Mesa, AZ.
What is the asking price?
The asking price for this property is $1,310,540.
What are key features of this property?
This property features: 3,404‑square‑foot office building, built in 2003; Eight private offices and two conference rooms; One conference room enclosed with floor‑to‑ceiling glass
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Includes: Price & PSF · Cap rate · Location · Zoning

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