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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Medical Office Space
1150 Country Clb Dr Mesa, AZ 85201-2537
Entity Owned
Free & Clear
Property ID
US07-0408825
Property summary
AI-generated overview
This 2,465 square foot executive office building, located at 1150 N Country Club Dr in Mesa, Arizona (zip code 85201, APN 135-15-134), is available for $399,000 ($161.87 per square foot). Built in 1985, the Class C property is currently vacant and offers significant potential for a variety of uses. The building features ample parking with 21 spaces. Its convenient location provides easy access to major transportation arteries, including the Loop 202 Red Mountain Freeway and US-60, ensuring seamless connectivity throughout Mesa and the greater Phoenix area. The property is nicely renovated and ready for immediate occupancy. Potential users should independently verify zoning information with the City of Mesa to explore all possible uses. This owner/user investment opportunity presents a compelling chance to establish a presence in a thriving Mesa commercial district. The property is ready for your new office setup.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
CONCRETE
Total area
3,770 SF
Lot
0.04 ac (1,583 SF)
Zoning code
RM-4
APN
135-15-137
UPID
US07-0408825
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
-
Sofia Dental Studio Dental Office
-
Mesa Counseling Center Medical Clinic
-
Denny's Restaurant
-
Donsky Howard J MD Physician Medical Clinic
-
Falkenstein Alois MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$532k
Blend (final)
Blend
$530k
Owner & transaction history
Jacobs Hope INC
Jacobs Hope INC
since 2025
7 recorded transactions
Zoning & alternative use
RM-4 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
OFFICE BUILDING
$835,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$141 / 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
$2,946
Tax year 2023
Assessed value
$42,158
Assessed 2024
Previous assessed
$30,957
+36.2% YoY
Effective rate
6.99%
On assessed value
Land market value
$51,100
Improvement market value
$204,400
Total market value
$255,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,770 SF
Lot
0.04 ac (1,583 SF)
Zoning code
RM-4
APN
135-15-137
UPID
US07-0408825
Jurisdiction
MARICOPA
Zoning & alternative use
RM-4 · Mesa, AZ
Zoning RM-4 · permitted uses
RM-4 · 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
OFFICE BUILDING
Est. value
$835,000
OFFICE BUILDING
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
1985
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Jacobs Hope INC
Entity
Free & Clear · 0 yrs held
Mailing address
1050 N COUNTRY CLB DR #5, MESA, AZ 85201
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2025
$246,700
Jacobs Hope INC
Kevin Benson
Warranty Deed
—
Sep 2, 2025
$425,000
Hkre Holdings LLC
Lubomir Mihaylov
Warranty Deed
$361,250 · Midfirst Bank
Aug 19, 2025
—
Red Mountain Asset Fund I LLC
—
Deed
related
$30,000,000 · Farmers & Merchants Bank Of Long Beach
Dec 2, 2024
$365,000
1150 N Country Club Holding Company
Lmm Properties LLC
Special Warranty Deed
$310,200 · Wells Fargo Bank NA
Dec 2, 2024
—
1150 N Country Club Holding Company
—
Deed
related
$310,200 · Wells Fargo Bank NA
Jun 28, 2024
—
Jacobs Hope INC
—
Deed
related
$89,000 · Gateway Commercial Bank
May 10, 2023
$135,000
Kevin Benson
Pazpk Investments LLC
Quitclaim Deed
related
—
Aug 3, 2022
—
Jacobs Hope INC
—
Deed
related
$100,000 · Commerce Bank Of Arizona
Jul 29, 2022
—
Gcd LLC
Canyon Dermatology PLLC
Deed
related
$500,000 · Gateway Commercial Bank
Sep 28, 2018
—
Pazpk Investments LLC
Benson Ents INC
Grant Deed
—
Oct 6, 2017
$90,000
Thomas & Crowley Invs LLC Etal
Wirth,duane & Barbara Trust
Warranty Deed
—
Jun 21, 2017
$199,700
Jacobs Hope INC
Falkenstein,a J Family Trust
Grant Deed
$80,000 · Donato Neysa A Living Tr (pt)
Jun 30, 2006
—
Lmm Properties LLC
Mihaylov,lubomir & Maria
Quit Claim Deed
related
—
Jun 15, 1999
$59,000
Sofia D Studio
T & J Davis Investments LP
Grant Deed
$53,000 · Union Bank Of Arizona NA
Dec 29, 1997
$78,000
T & J Davis Investments L P
Jean E Davis
Trustees Deed
—
Dec 29, 1997
—
C,truman & Jean E Davis Trust
C Trust
Quit Claim Deed
related
—
Feb 4, 1988
—
Davis C Truman
—
Deed Of Trust
related
—
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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