Property profile

1250 Southern Ave Mesa, AZ 85204

OFF-MARKET
Industrial properties
Property ID
US07-0812831
5,000 SF 0.44 ac lot Built 1989
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1989
Construction CONCRETE
Total area 5,000 SF
Lot 0.44 ac (18,992 SF)
Zoning code LC
APN 139-05-004M
UPID US07-0812831

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
  • Employment Agency
  • Training Center Sports School

Location

1250 Southern Ave Mesa, AZ 85204-5144
Mesa metro Census 421801 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$986k
Blend (final) Blend
$580k

Owner & transaction history

since 2018
5 recorded transactions
2021
Price N/A
2018
$550,000
2002
Price N/A
2001
Price N/A
1993
Price N/A

Zoning & alternative use

LC · Mesa, AZ
Zoning description

Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $1.6M +89.7%
Retail stores $1.3M +59.6%
Medical building $1.3M +59.5%

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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