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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Day care centers
1201 66th St Mesa, AZ 85205-4917
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-2661507
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1991
Construction
STEEL FRAME
Total area
4,410 SF
Lot
0.47 ac (20,387 SF)
Zoning code
C-O
APN
141-64-095
UPID
US07-2661507
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
-
Bridges Preschool High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$826k
Blend (final)
Blend
$815k
Owner & transaction history
Store Master Funding III Ll · 8 yrs held
Store Master Funding III Ll
since 2017
7 recorded transactions
Zoning & alternative use
C-O · 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$1,235,000
Current use
RETAIL STORES
$1,155,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$1,155,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$185 / 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
$6,022
Tax year 2023
Assessed value
$76,802
Assessed 2024
Previous assessed
$76,802
+0.0% YoY
Effective rate
7.84%
On assessed value
Land market value
$257,800
Improvement market value
$510,215
Total market value
$768,015
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,410 SF
Lot
0.47 ac (20,387 SF)
Zoning code
C-O
APN
141-64-095
UPID
US07-2661507
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Mesa, AZ
Zoning C-O · permitted uses
C-O · 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
MEDICAL 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
1991
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Store Master Funding III Ll
Individual
Mailing address
1201 N 66TH ST, MESA, AZ 85205-4917
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2017
$1,174,775
Store Master Funding III Ll
Store Master Funding X LLC
Warranty Deed
—
May 2, 2017
$1,150,000
Store Master Funding X LLC
Richard N Aronoff
Warranty Deed
$1,160,000 · Citibank NA
Jul 6, 2016
—
Aronoff Family Trust
Mesa Preschool LLC
Quit Claim Deed
—
Aug 10, 2015
—
Mesa Preschool LLC
Aronoff Family Trust
Grant Deed
—
Apr 18, 2013
$995,000
Carol A Aronoff
Moore Opportunity Regarding Educati
Warranty Deed
$600,000 · Wells Fargo Bank NA
Nov 19, 2004
$657,000
Opportunity Regarding Edu More
Gonzalez,julio T & Linda M
Warranty Deed
related
$264,820 · Wells Fargo Bank
Feb 6, 1990
$43,000
Julio T Gonzalez
Golden West Ente
Grant Deed
related
—
—
—
Julio T Gonzalez
—
Deed Of Trust
related
$226,000 · Bank One Arizona
—
—
Linda M Gonzalez
—
Deed Of Trust
related
$520,000 · Tempe School Cu
—
—
Opportunity Regarding Edu More
—
Deed Of Trust
related
$274,000 · Business Development Finance
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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