Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

121 W University Dr Mesa, AZ 85201

FOR SALE
Office buildings
Property ID
US07-1503315
1,216 SF 0.1 ac lot Built 1935
Last sale Apr 2022 · $530,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$2k
Tax billed · 2023
Assessed value · 2024$34k
Effective rate5.68%

Value estimate

· Nov 2026
$610k
$549k – $671k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$7k
Operating expenses−$7k
NOI · 1.96% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$222/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$96 – $356

Cap rate analysis

How does the asset earn?
1.96%
$22k 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 Office12.5
Tailor Shop9.4
Carpet & Flooring Store8.9

Location

121 W University Dr Mesa, AZ 85201
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
161 Main, Mesa, AZ 85201-7309 $800,000 Sep 2024 920 SF
151 Country Clb, Mesa, AZ 85201-6521 $370,000 Aug 2022 1,418 SF
109 University, Mesa, AZ 85201-5829 $530,000 Apr 2022 1,445 SF
237 Main, Mesa, AZ 85201-7311 $475,000 Apr 2022 1,348 SF
218 Pepper, Mesa, AZ 85201-7415 $3,300,000 Mar 2022 1,462 SF
905 Country Clb, Mesa, AZ 85201-4107 $399,000 Dec 2021 1,155 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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