Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11327 Mercury Dr Apache Junction, AZ 85120-4321
    Back to Search
    Property profile & analytics

    11327 Mercury Dr, Apache Junction, AZ 85120-4321

    View on Map
    • Parking lots & garages
    • 345 SF
    • 0.29 lot acres
    Off-Market
    Property ID
    US07-0586842
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 11327 Mercury Dr

    Year built
    1991
    Construction
    STEEL FRAME
    Lot size
    0.29 lot acres
    Zone code
    R-5
    Property type
    Parking lots & garages
    APN
    220-62-004
    APU
    22062004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 10, 2019 $192,000 Alan Ashley Davis,richard & Norma Warranty Deed $9k · Arizona Ind'l Dev Auth
    Jul 14, 2017 $140,000 Richard Davis Koresconi LLC Warranty Deed —
    May 4, 2017 $108,000 Koresconi LLC Gainey,jeffrey Warranty Deed —
    Apr 22, 2011 — Jeffrey Gainey Federal Housing Commissioner Grant Deed —
    Oct 19, 2010 — Hud-housing Of Urban Dev Wells Fargo Bk NA Warranty Deed —
    Aug 11, 2010 $129,075 Fargo Bk NA Wells First American Title Ins Trustees Deed · related —
    Sep 22, 2008 — Crystal M Finazzo Joseph Robert Finazzo Intrafamily Transfer · related $121k · Wells Fargo Bank NA
    Mar 3, 2005 — Joseph R Finazzo Finazzo,joseph R & Linda L Quit Claim Deed · related —
    May 27, 2003 — Joseph R Finazzo Finazzo,linda L Quit Claim Deed · related —
    May 8, 2003 — Linda L Finazzo Finazzo,joseph R Quit Claim Deed · related $106k · Fairway Independent Mortgage
    Apr 23, 2002 — Joseph R Finazzo Finazzo,linda L Quit Claim Deed · related —
    Mar 27, 2002 — Linda L Finazzo Finazzo,joseph R Quit Claim Deed · related $84k · Fairway Independent Mortgage
    Jul 12, 2001 — Joseph R Finazzo Finazzo,linda L Quit Claim Deed · related —
    May 9, 2001 $95,000 Linda L Finazzo Hoselton,arnold & Pauline J Grant Deed $71k · Portfolio Mortgage Corp
    May 26, 1988 $42,900 Hoselton Arnold Vaugh Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Apache Junction
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.586
    Latitude
    33.4202
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $816
    $0.00
    $0.00
    $15,745
    -
    $103,600
    $53,849
    $157,449

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      Apache Junction, AZ 85120

      PARKING GARAGE, PARKING STRUCTURE
      Apache Junction, AZ 85120
      View Details
    • Value Estimation
      $550,000
      1,140 SF

      212 Malcolm Dr

      RESIDENTIAL PARKING GARAGE
      212 Malcolm Dr, Apache Junction, AZ 85120-4753
      View Details
    • Value Estimation
      $1,375,000
      2.22 Acres

      2550 Guadalupe Rd

      PARKING GARAGE, PARKING STRUCTURE
      2550 Guadalupe Rd, Apache Junction, AZ 85120-7198
      View Details
    • Value Estimation by Request
      0.33 Acres

      Apache Junction, AZ 85120

      PARKING GARAGE, PARKING STRUCTURE
      Apache Junction, AZ 85120
      View Details
    • Value Estimation by Request
      0.14 Acres

      Apache Junction, AZ 85120

      PARKING GARAGE, PARKING STRUCTURE
      Apache Junction, AZ 85120
      View Details
    • Value Estimation by Request
      0.95 Acres

      10639 Apache Trl

      PARKING LOT
      10639 Apache Trl, Apache Junction, AZ 85120-3382
      View Details

    Similar Nearby for Sale

    • $2,300,000
      6,402 SF

      Apache Junction Retail Center

      High-Visibility QSR/Retail Investment
      21 Signal Butte Rd, Apache Junction, AZ 85120
      View Details
    • $600,000
      2,800 SF

      Apache Junction Industrial Space Available

      Freestanding building with retail frontage and gated yard.
      306 S Ironwood Dr, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Safeway Anchored Retail Space

      Anchor space available in Apache Junction's Safeway-anchored shopping center.
      3003 W Apache Trl, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Apache Trail Retail Opportunity

      Retail and shop space available for sale or lease.
      11518 E Main St, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      13,322 SF

      Dominant Strip Center on Apache

      Strip center located off Apache Trail with 13,322 square feet.
      11518 E Main St, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      2,401 SF

      Stand-Alone Retail Storefront Opportunity

      Remodeled retail store with potential for various business uses.
      832 N Main Dr, Apache Junction, AZ 85120
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Property in Apache Junction

      Prime commercial property for rent in Apache Junction, Arizona.
      1081 S Meridian Rd, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Freestanding Building with Gated Yard

      Versatile building with showroom, office, and secure outdoor space.
      11357 E Apache Trl, Apache Junction, AZ 85120
      View Details
    • Contact for pricing

      Hard Corner Endcap Retail Space

      Retail space available at Signal Butte & Apache Trail.
      21 S Signal Butte Rd, Apache Junction, AZ 85120
      View Details
    • Contact for pricing
      3,420 SF

      Turnkey Bar & Grill Available

      3,420 SF bar and grill with FFE included.
      10262 E Apache Trl, Mesa, AZ 85120
      View Details
    • Contact for pricing
      1,767 SF

      Retail Space in Arroyo Hermosa

      Retail property for lease in a rapidly growing trade area.
      212 W Superstition Blvd, Apache Junction, AZ 85120
      View Details
    • $13 SF/Yr
      6,300 SF

      Retail Space on Apache Trail

      Retail space with high visibility and strong traffic counts.
      11357 E Apache Trl, Apache Junction, AZ 85120
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11327 Mercury Dr
    Apache Junction, AZ 85120-4321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11327 Mercury Dr, Apache Junction, AZ, 85120
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!