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Property profile & analytics
OFF-MARKET
Estimated value
$4,800,000
Specialty properties
124 54th St Mesa, AZ 85206-1403
Entity Owned
1-yr Hold
Property ID
US07-2879824
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2001
Construction
STEEL FRAME
Total area
2,690 SF
Lot
4.67 ac (203,278 SF)
Zoning code
RM-4
APN
141-51-011M
UPID
US07-2879824
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
-
Desert Vista RV Resort (55+) Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.80M
Owner & transaction history
Mhv III Mesa Desert Vista LLC · 1 yrs held
Mhv III Mesa Desert Vista LLC
since 2024
Last sale
$4.8M
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
$4,800,000
ML approach
$4,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.80M
Range $4.32M – $5.28M · ±10% · vs last sale $4.80M (Sep 4 2024)
Last sale anchor
$4.80M
Sep 4 2024
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
$1,784 / 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
$17,699
Tax year 2023
Assessed value
$188,118
Assessed 2024
Previous assessed
$162,080
+16.1% YoY
Effective rate
9.41%
On assessed value
Land market value
$613,000
Improvement market value
$1,268,183
Total market value
$1,881,183
Applied tax rate
41,012.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Total area
2,690 SF
Lot
4.67 ac (203,278 SF)
Zoning code
RM-4
APN
141-51-011M
UPID
US07-2879824
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.
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.67 ac
Current owner
From public records · entity-resolved
Mhv III Mesa Desert Vista LLC
Entity
Mailing address
1703 N THORNTON RD, CASA GRANDE, AZ 85122-7805
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$4,800,000
Mhv III Mesa Desert Vista LLC
Rob Roy Investments LLC
Special Warranty Deed
—
Sep 16, 2016
$1,700,000
Rob Roy Investments LLC
Grande Investments LLC
Grant Deed
$1,020,000 · Bank Of Hemet
May 19, 2008
$1,265,000
Grande Investments LLC
Douglas Properties LLC
Grant Deed
—
Feb 27, 2004
—
Douglas Properties LLC
Gort Mesa LLC
Quit Claim Deed
related
$1,255,000 · Adrian J Shaurette
Feb 25, 2002
—
Gort Mesa LLC
Desert Vista Rv Resort LLC
Grant Deed
$700,000 · Camelback Community Bank
Apr 17, 2001
—
Desert Vista Rv Resort LLC
Gladstone-katz,gale
Grant Deed
related
—
Dec 7, 2000
$320,000
Gale Gladstone-katz
Mhp Communities INC
Grant Deed
—
May 4, 1999
$320,000
Mhp Communities INC
Gladstone-katz,gale
Grant Deed
$45,000 · Csi Mortgage
Apr 20, 1999
$330,361
Gale Gladstone-katz
Key West Investment Group LLC
Trustees Deed
—
Feb 26, 1998
—
Key West Inv Group LLC
Western Pacific Holdings INC
Quit Claim Deed
related
$282,000 · Csi Mortgage
Aug 7, 1997
$87,500
Western Pacific Holdings INC
John Trust
Grant Deed
related
$107,000 · Csi Mortgage
Oct 11, 1995
$115,000
John S Howell
White Howell & Hall L L C
Grant Deed
related
—
Jan 4, 1994
$624,821
White,howell And Hall LLC
White Howell & H
Grant Deed
related
—
Jun 22, 1993
—
Howell White
Trabajo Mesa INC
Grant Deed
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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