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Financial
Distress signals
Property profile

101 E 1St Ave Mesa, AZ 85210

FOR LEASE
Other commercial real estate
Property ID
US07-1170734
1,497 SF 0.14 ac lot Built 1950
Last sale Apr 2024 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a first-floor office unit configured for professional use, featuring a reception area, multiple private offices, a conference room, break room, and bullpen area. The suite includes floor-to-ceiling windows for natural light and provides access to common-area restrooms, along with shared amenity space in a gated courtyard. The office building was constructed in 1987 and is part of a broader professional tenant mix that has included law offices, architecture practices, school…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value · 2024$15k
Effective rate8.06%

Value estimate

· Oct 2026
$1.80M
$1.62M – $1.98M
AI approach$1.80M
NOI build-up
Gross scheduled income$234k
Vacancy & credit loss−$49k
Operating expenses−$46k
NOI · 728,694.74% cap applied$138k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$642/SF
Submarket average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$158 – $1,152
Qualifying comparables19

Cap rate analysis

How does the asset earn?
728,694.74%
$138k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DB-1
The purpose of the DB-1 District is to provide for general retailing, services, and medium-density residential uses. It is the intent of ...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.1
Veterinary Clinic9.2
Tailor Shop9.2

Location

101 E 1St Ave Mesa, AZ 85210
County assessor Recorded deeds · not on file 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
528 Robson, Mesa, AZ 85210-2486 $1,380,000 Jan 2026 No data
29 Robson, Mesa, AZ 85210-1331 $280,000 Oct 2025 No data
636 Southern, Mesa, AZ 85210-5005 $882,000 Aug 2025 No data
Mesa, AZ 85210 $1,865,000 Jul 2025 No data
1740 Mesa, Mesa, AZ 85210-6213 $17,000,000 Jul 2025 No data
Mesa, AZ 85210 $9,250,000 Dec 2023 3,260 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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