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    Property profile & analytics

    1229 Power Rd Mesa, AZ 85206-3737

    • Strip malls
    • 12,600 SF
    • 1.51 lot acres
    OFF-MARKET
    Value Estimation
    $6,605,000
    Last Sale
    Mar 23, 2022
    $6,900,000
    Location Intelligence
    Property ID
    US07-1043294
    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.

    Current Use by Public Records

    • Sonic Drive-In / Fast Food Restaurant
    • Jimmy John's / Fast Food Restaurant / Sandwich Shop
    • Five Guys / Fast Food Restaurant / American Restaurant
    • Teriyaki Madness / Caterer / Japanese Restaurant
    • Maskadores Taco Shop / Mexican Restaurant

    Property Details for 1229 Power Rd

    Year built
    1995
    Construction
    CONCRETE
    Lot size
    1.51 lot acres
    Property size
    12,600 SF
    Zone code
    LC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    218-56-703
    APU
    21856703

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,430,000
      6.5%
      $6,760,000
      7%
      $7,030,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,835,000
      Geo Method
      $6,955,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,445,000
      Retail
      $7,570,000
      Mixed-Use
      $5,880,000
      Hospitality
      $7,270,000
      Educational
      $7,145,000
      Residential Income
      $6,595,000
      Energy
      $6,660,000
      Income-Based Land
      $5,875,000
      Food Service
      $6,145,000

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.684
    Latitude
    33.3926
    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
    $32,697
    $0.00
    $0.00
    $472,824
    -
    $1,527,600
    $1,338,000
    $2,865,600

    Comparable in this City

    • Value Estimation
      $4,750,000
      5,533 SF

      6247 Southern Ave Ste, Unit 101

      SHOPPING CENTER, STRIP CENTER • 5,533 SF
      6247 Southern Ave Ste, Mesa, AZ 85206-3755
      View Details
    • Value Estimation by Request
      8,430 SF

      1438 Power Rd

      SHOPPING CENTER, STRIP CENTER • 8,430 SF
      1438 Power Rd, Mesa, AZ 85206-3729
      View Details
    • Value Estimation by Request
      11,498 SF

      6610 Baseline Rd Ste, Unit 101

      SHOPPING CENTER, STRIP CENTER • 11,498 SF
      6610 Baseline Rd Ste, Mesa, AZ 85206-4441
      View Details
    • Value Estimation by Request
      11,498 SF

      6610 Baseline Rd Ste, Unit 106

      SHOPPING CENTER, STRIP CENTER • 11,498 SF
      6610 Baseline Rd Ste, Mesa, AZ 85206-4441
      View Details
    • Value Estimation by Request
      4,060 SF

      1311 Greenfield Rd

      SHOPPING CENTER, STRIP CENTER • 4,060 SF
      1311 Greenfield Rd, Mesa, AZ 85206
      View Details
    • Value Estimation by Request
      10,205 SF

      1705 Greenfield Rd

      SHOPPING CENTER, STRIP CENTER • 10,205 SF
      1705 Greenfield Rd, Mesa, AZ 85206-3487
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,500 SF

      Retail Space in Mesa Plaza

      Retail space available in Albertson's anchored shopping center.
      319 S Power Rd, Mesa, AZ 85206
      View Details
    • Contact for pricing
      155,254 SF

      Macy's Anchor Redevelopment Opportunity

      155,254 SF Retail Space, Mesa, AZ
      6535 Southern Ave, Mesa, AZ 85206
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    • $1,695,000
      5,048 SF

      Mesa Retail NNN Investment Opportunity

      NNN leased retail property in Mesa, Arizona for sale.
      430 N Power Rd, Mesa, AZ 85206
      View Details
    • Contact for pricing
      6,586 SF

      Mesa Retail Opportunity For Sale

      Retail property with high visibility and strong traffic counts.
      1710 S Power Rd, Mesa, AZ 85206
      View Details
    • $4,150,000
      23,484 SF

      Mesa Retail Property For Sale

      Retail property occupied by OfficeMax, located in Mesa, Arizona.
      6631 E Southern Ave, Mesa, AZ 85206
      View Details
    • Contact for pricing
      12,068 SF

      Mesa Restaurant End Cap Opportunity

      High-visibility restaurant space with patio and take-out option in Mesa.
      6736 E Baseline Rd, Mesa, AZ 85206
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space in Power Center

      Retail space available in a multi-anchored power center.
      5022 S Power Rd, Mesa, AZ 85206
      View Details
    • Contact for pricing
      21,320 SF

      Superstition Springs Power Center Retail

      Retail space in a large power center with freeway access.
      6315 E Southern Ave, Mesa, AZ 85206
      View Details
    • $15 SF/Yr
      4,503 SF

      Mesa Retail Space For Lease

      Retail space for lease with excellent parking and freeway access.
      5959 E Southern Ave, Mesa, AZ 85206
      View Details
    • Contact for pricing
      1,307 SF

      Mesa Retail Space For Lease

      Retail space available in Mesa, built in 2005.
      5225 E Southern Ave, Mesa, AZ 85206
      View Details
    • $38 SF/Yr
      1,450 SF

      Retail Space Near Supercenter

      Retail space available near Superstition Freeway and Walmart Supercenter.
      1766 S Greenfield Rd, Mesa, AZ 85206
      View Details
    • Contact for pricing
      13,448 SF

      Mesa Retail Center: Power & Baseline

      High-traffic Mesa retail space, 5 units available.
      0 Swc Power Rd & Baseline Rd, Mesa, AZ 85206
      View Details
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    1229 Power Rd
    Mesa, AZ 85206-3737
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    Realmo Value Estimation

    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.

    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.

    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
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