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    Property profile & analytics

    460 Mesa Dr Mesa, AZ 85201

    • Office buildings
    • 53,135 SF
    • 3.38 lot acres
    For Sale
    View listing
    $8,000,000
    Value Estimation
    Last Sale
    Oct 17, 2023
    $4,550,000
    Location Intelligence
    Property ID
    US07-1079650
    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

    • CBI Community Bridges - Mesa Heritage / Mental Health Clinic / Medical Laboratory
    • Brandon Healy / Nurse Practitioner
    • India Samuels / Nurse Practitioner
    • Ana Williams / Nurse Practitioner
    • Mesa Regional Parole Office / Federal Government Office

    Property Details for 460 Mesa Dr

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    3.38 lot acres
    Property size
    53,135 SF
    Zone code
    LC
    Property type
    Office buildings
    APN
    137-15-001U
    APU
    13715001U

    Description

    This exceptional two-story office building, constructed in 1972, offers 53,135 square feet of prime commercial space in the desirable East Valley Mesa submarket of Maricopa County. The property is zoned LC and currently features four suites, with a total of 13,685 square feet currently vacant. This presents a unique opportunity for businesses seeking flexible office solutions. Individual suites range from a minimum of 543 square feet to a maximum contiguous space of 7,524 square feet, catering to a variety of tenant needs. The building provides ample parking with 63 spaces, a ratio of 6 spaces per 1,000 square feet. The multiple tenancy structure allows for diverse occupancy and potential for synergistic partnerships. This well-located property offers easy access to key transportation routes and amenities within the vibrant East Valley Mesa community. The building's solid construction and established presence make it an ideal location for businesses seeking a professional and convenient workspace. Contact us today to explore leasing options and secure your ideal office space in this sought-after location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,600,000
      6.5%
      $4,770,000
      7%
      $4,915,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,805,000
      Geo Method
      $5,010,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,170,000
      Retail
      $4,465,000
      Mixed-Use
      $3,650,000
      Hospitality
      $4,185,000
      Educational
      $3,480,000
      Residential Income
      $4,820,000
      Energy
      $4,375,000
      Income-Based Land
      $4,515,000
      Food Service
      $3,515,000

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.824
    Latitude
    33.4239
    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
    $45,517
    $0.00
    $0.00
    $817,834
    -
    $1,423,400
    $3,533,172
    $4,956,572

    Comparable in this City

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      OFFICE BUILDING • 918 SF
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    • Contact for pricing
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    460 Mesa Dr
    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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