Financial
Distress signals
Property profile

2450 Broadway Rd Mesa, AZ 85202

OFF-MARKET
Other industrial properties
Property ID
US07-3469671
26,498 SF 5.11 ac lot Built 1986
Last sale Jun 2024 · $32,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This flex/industrial property consists of multiple warehouse and flex suites designed with grade-level loading, and select buildings also provide dock-high access. Some units include shared yard space. The warehouse spaces feature variable ceiling heights and a combination of evaporative cooling and HVAC cooling systems. The buildings are situated near major freeways including the 101, 202, and US 60, and the 2450 building fronts Broadway Road.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value · 2024$1.41M
Effective rate3.91%

Value estimate

· Sep 2026
$32.90M
$29.61M – $36.19M
AI approach$32.90M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$48 – $371
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
To provide areas for limited manufacturing and processing, wholesaling, research, warehousing, and distribution activities take place wit...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm30.1
Dental Office26.1
Hair Salon21.0

Location

2450 Broadway Rd Mesa, AZ 85202-1068
County assessor Recorded deeds · 9 transfers 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2240 Broadway, Mesa, AZ 85202-1882 $168,262,000 Oct 2024 44,000 SF
1839 1st, Mesa, AZ 85202-1160 $2,165,000 Apr 2024 18,291 SF
150 Dobson, Mesa, AZ 85202-1038 $3,800,000 Nov 2022 23,172 SF
1740 Broadway, Mesa, AZ 85202-1120 $2,450,000 Jan 2021 24,340 SF
65 Sycamore, Mesa, AZ 85202-1143 $4,250,000 Nov 2018 21,049 SF
33 Sycamore, Mesa, AZ 85202-1150 $4,250,000 Nov 2018 17,729 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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