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Property profile & analytics
OFF-MARKET Estimated value $2,000,000
Strip malls

6731 Brown Rd Mesa, AZ 85205-4963

5,760 SF 0.83 ac lot Built 2007
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US07-1139951
Property summary
AI-generated overview

This 1,145 square foot retail space, Suite 103 at Red Mountain Plaza II (6731 E Brown Rd, Mesa, AZ 85205), is ready for immediate occupancy. Located in a well-maintained strip center at the southwest corner of Power Road and Brown Road, this versatile space features an open area and a restroom. The property boasts excellent visibility and signage opportunities, including building, door, and window signage. The building itself totals 5,760 square feet and sits on an 8.27-acre lot. Built in 2007, the property is zoned C-2 and its APN is 141-86-699E. This prime location offers convenient access to Loop 202 Freeway, placing it within easy reach of a large customer base. The property's proximity to Mesa Community College Red Mountain Campus (one mile south) and Fremont Junior High and Red Mountain High School across the street provides a strong potential customer demographic. The space is ideal for a variety of retail uses and presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving Mesa community. The total building square footage is 5,760 square feet, with 1,145 square feet currently available for lease. Maricopa County is the location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction STEEL FRAME
Total area 5,760 SF
Lot 0.83 ac (36,005 SF)
Zoning code LC
APN 141-86-699E
UPID US07-1139951
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
  • Lance Runyan: Allstate Insurance Insurance Agency
  • PIEfection Bakery Specialty Food Shop
  • Mane Cove Hair Salon
  • Massage at Mesa Chiropractic PLLC Alternative Medicine Practice Spa & Massage Center
  • Mesa Chiropractic PLLC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$2.00M
Owner & transaction history
Nao Investments LLC · 14 yrs held
Nao Investments LLC
since 2012
7 recorded transactions
2016
Price N/A
2012
Price N/A
2012
$455,000
2011
Price N/A
2005
$464,151
2005
$300,000
1969
Price N/A
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.5M +41.5%
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