Financial
Distress signals
Property profile

1702 S Val Vista Dr Mesa, AZ 85204

FOR LEASE
Retail space
Property ID
US07-0432699
12,000 SF 0.85 ac lot Built 2002
Last sale Dec 2022 · $4,928,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space within a class A, grocery-anchored shopping center. It has visibility and prominent signage on the building frontage facing Val Vista Drive. The shopping center is situated just off US 60, with access to Loop 202 and Loop 101 freeways nearby. The site comprises 3,980 square feet of retail space.

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?
$26k
Tax billed · 2023
Assessed value · 2024$462k
Effective rate5.71%

Value estimate

· Sep 2026
$4.62M
$4.15M – $5.08M
Sales comparison$3.64M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$262/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$121 – $462
Qualifying comparables11

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?
C-G
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply34.0
Wholesale Shop28.0
Auto Parts Store25.2

Location

1702 S Val Vista Dr Mesa, AZ 85204
County assessor Recorded deeds · 6 transfers 11 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
3130 Baseline Rd, Mesa, AZ 85204-7290 $1,098,900 May 2024 9,060 SF
850 Mahoney, Mesa, AZ 85204-1145 $2,200,000 Jun 2023 24,360 SF
752 Southern, Mesa, AZ 85204-4927 $1,500,000 May 2023 7,800 SF
1315 Gilbert, Mesa, AZ 85204-6088 $2,800,000 Sep 2022 11,011 SF
422 Baseline, Mesa, AZ 85204-6503 $500,000 Feb 2022 9,100 SF
1920 Stapley, Mesa, AZ 85204-6678 $4,622,750 Jul 2021 13,860 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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