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    40 Center St Mesa, AZ 85201

    • Office buildings
    • 38,652 SF
    • 0.77 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Mar 25, 2022
    Location Intelligence
    Property ID
    US07-1039483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • JacksonWhite Law / Divorce Lawyer / Divorce Service
    • SMITH LC / Law Firm / Employment Attorney
    • Abogado Adam Ashby, Esq. / Criminal Justice Attorney
    • The Law Firm Of M. Paul Fischer P.C. / Divorce Lawyer / Divorce Service
    • Abogado De Accidentes De Auto Jared Everton, Esq. / Personal Injury Attorney

    Property Details for 40 Center St

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.77 lot acres
    Property size
    38,652 SF
    Zone code
    C-DT
    Property type
    Office buildings
    APN
    138-36-033A
    APU
    13836033A

    Description

    This exceptional Class A office building, located at 40 N Center St, Mesa, AZ 85201 (Center St & Pepper Pl), offers a variety of flexible office spaces ideal for businesses of all sizes. The property boasts a total of 36,000 square feet situated on a 36,000 square foot lot, and is zoned for DC- Downtown Core District use within Maricopa County. Currently, there are 691 square feet of vacant space available, divisible into units as small as 97 square feet and with a maximum contiguous space of 100 square feet. The building is a multi-tenant property offering traditional, executive, and creative office spaces to suit diverse business needs. Its prime downtown Mesa location provides easy access to major event centers, civic buildings, and retail amenities, making it an attractive option for businesses seeking a vibrant and convenient work environment. The building's prestigious status and full-service amenities contribute to a professional and productive atmosphere. Leasing rates range from $400 to $700 per month, depending on the size of the space. Inquire today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.832
    Latitude
    33.4165
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,137
    $0.00
    $0.00
    $393,081
    -
    $535,700
    $1,846,607
    $2,382,307

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    Mesa, AZ 85201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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