Property profile

1240 Baseline Rd Mesa, AZ 85204

OFF-MARKET
Strip malls
Property ID
US07-0373564
12,138 SF 1.38 ac lot Built 1999
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Construction CONCRETE
Total area 12,138 SF
Lot 1.38 ac (60,208 SF)
Zoning code LI
APN 139-10-017
UPID US07-0373564

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Bakery Take-out & Catering
  • Dental Office
  • Dental Office
  • Nail Salon

Location

1240 Baseline Rd Mesa, AZ 85204-6700
Mesa metro Census 422302 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.71M
Blend (final) Blend
$2.61M

Owner & transaction history

since 2017
1 recorded transaction
2017
$30.0M

Zoning & alternative use

LI · Mesa, AZ
Zoning description

mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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