Realmo Analytics

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

Property profile

1102 E University Dr Mesa, AZ 85203

FOR LEASE
Other individual retail properties
Property ID
US07-0736637
760 SF 0.46 ac lot Built 1972
Last sale Dec 2025 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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1102 E University Dr, Mesa, AZ 85203 For Lease
$1,100/Mo
1102 E University Dr, Mesa, AZ 85203
View Listing

Property summary

AI-generated overview

This commercial property in central Mesa is configured to provide office spaces. It is located near US 60 and the 202 Loop, supporting convenient roadway access for occupants and visitors.

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?
$5k
Tax billed · 2023
Assessed value · 2024$89k
Effective rate5.61%

Value estimate

· Nov 2026
$480k
$432k – $528k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$17k
Operating expenses−$16k
NOI · 4,361.64% cap applied$48k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4,361.64%
$48k 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?
RM-4
To provide areas for a variety of housing types at densities of up to 43 units per gross acre. Designators are used to denote variations ...
General categoryMIXED_USE
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm27.2
Realty agency25.5
Cafe & Coffee Shop12.7

Location

1102 E University Dr Mesa, AZ 85203
County assessor Recorded deeds · 3 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1830 Mckellips, Mesa, AZ 85203-2850 $2,545,000 May 2023 1,804 SF
2330 Horne, Mesa, AZ 85203-1863 $900,000 Mar 2023 2,240 SF
1506 Main, Mesa, AZ 85203-8912 $295,000 Aug 2022 1,350 SF
605 Mckellips, Mesa, AZ 85203-2534 $170,000 Dec 2021 1,468 SF
1229 Gilbert, Mesa, AZ 85203-4501 $678,495 Feb 2021 1,970 SF
816 University, Mesa, AZ 85203-8033 $300,000 Jun 2020 2,400 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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