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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Warehouses
1060 Broadway Rd, Mesa, AZ 85210-8439
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US07-1814501
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
CONCRETE
Total area
9,060 SF
Lot
2.17 ac (94,720 SF)
Zoning code
LI
APN
134-05-025A
UPID
US07-1814501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Best Buy Tires & Wheels llc (Bike/Boat/Book/etc) Store Auto Parts Store
-
American Systems Mini-Storage Storage Facility
-
Vektor Moto Adventure Rentals Car Rental Facility
-
Arizona Motorcycle Services Auto Repair Shop Motorcycle Shop
-
Mesa Self Storage On Broadway Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$2.55M
Owner & transaction history
Mesa Self Storage On Broadway LLC · 11 yrs held
Mesa Self Storage On Broadway LLC
since 2014
4 recorded transactions
Zoning & alternative use
LI · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.0M
+126.4%
Neighborhood: shopping center
$2.8M
+60.0%
Office building
$2.7M
+54.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,765,000
Current use
AUTO REPAIR, GARAGE
$3,990,000
Change: +126% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,820,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$2,725,000
Change: +54% · Conversion: Difficult
MEDICAL BUILDING
$2,375,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$2,335,000
Change: +32% · Conversion: Moderate
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$281 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,141
Tax year 2023
Assessed value
$789,311
Assessed 2024
Previous assessed
$583,559
+35.3% YoY
Effective rate
3.06%
On assessed value
Land market value
$1,079,600
Improvement market value
$3,704,100
Total market value
$4,783,700
Applied tax rate
41,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
5
Stories
1
Units
5
Total area
9,060 SF
Lot
2.17 ac (94,720 SF)
Zoning code
LI
APN
134-05-025A
UPID
US07-1814501
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Mesa, AZ
Zoning LI · permitted uses
LI · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
2.17 ac
Current owner
From public records · entity-resolved
Mesa Self Storage On Broadway LLC
Entity
Mailing address
8501 N CANTA BELLO, PARADISE VALLEY, AZ 85253-8112
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2014
$1,462,500
Mesa Self Storage On Broadway LLC
American Systems Ltd
Special Warranty Deed
$742,994 · Bnc National Bank
—
—
Self Storage On Broadway Mesa
—
Deed Of Trust
related
$742,994 · Business Dev Fin
—
—
Self Storage On Broadway Mesa
—
Loan Modification
related
$742,994 · Bnc Nat'l Bk
—
—
Mesa Self Storage On Broadway
—
Deed Of Trust
related
$537,000 · Business Dev Fin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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