Property profile

1111 Dobson Rd Mesa, AZ 85202

OFF-MARKET
Medical Office Space
Property ID
US07-0879610
7,456 SF 0.54 ac lot Built 1980
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction CONCRETE
Total area 7,456 SF
Lot 0.54 ac (23,460 SF)
Zoning code LC
APN 134-27-001N
UPID US07-0879610

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic

Location

1111 Dobson Rd Mesa, AZ 85202-3902
Mesa metro Census 422103 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.18M
Blend (final) Blend
$460k

Owner & transaction history

Zoning & alternative use

LC · Mesa, AZ
Zoning description

Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $3.3M +68.2%
Retail stores $2.0M +0.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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