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Property profile & analytics
OFF-MARKET Estimated value $1,370,000
Auto shops

236 Alma School Rd Mesa, AZ 85210-1004

5,000 SF 1.08 ac lot Built 1982
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US07-0915416
Property summary
AI-generated overview

This exceptional Mesa, Arizona property offers a versatile 1.78-acre lot encompassing a general industrial building ideally suited for a variety of uses. The building features a showroom, warehouse space, and a substantial covered patio, perfect for outdoor displays or additional workspace. A significant highlight is the expansive fenced yard, providing ample space for storage, outdoor operations, or potential lease opportunities to generate additional income. Currently, the property benefits from two month-to-month tenants, offering immediate rental income potential. The location is highly desirable, situated off Alma School Road between Main Street and Broadway, ensuring excellent visibility and convenient access. A prominent monument sign further enhances the property's exposure and marketing potential. This central location provides easy access to major transportation routes, making it an attractive option for businesses requiring efficient logistics. The property's zoning allows for a wide range of industrial uses, presenting a unique opportunity for owner-occupancy or continued rental income generation. This is a rare opportunity to acquire a well-positioned industrial property with significant potential for growth and profitability. The combination of building space, expansive yard, and prime location makes this an exceptional investment.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1982
Total area 5,000 SF
Lot 1.08 ac (47,000 SF)
Zoning code I-2
APN 134-31-003E
UPID US07-0915416
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Alma Imports AZ Big Box & Wholesale Store Auto Parts Store
  • Premier Fabrications & Installations LLC Building Supply Hardware & Home Improvement
  • Amazon Locker - Pina Postal Service Courier Service
  • Vision Shuttle Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$1.37M
Owner & transaction history
R3 Holdings INC · 10 yrs held
R3 Holdings INC
since 2016
6 recorded transactions
2020
Price N/A
2020
Price N/A
2016
$800,000
2002
Price N/A
1998
$546,650
1969
Price N/A
Zoning & alternative use
I-2 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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