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Property profile & analytics
OFF-MARKET
Estimated value
$1,710,000
Turn key restaurants
12638 Power Rd, Mesa, AZ 85212
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-2303510
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Construction
CONCRETE
Total area
2,073 SF
Lot
0.84 ac (36,628 SF)
Zoning code
C-1
APN
304-29-030D
UPID
US07-2303510
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.71M
Owner & transaction history
Caldwell County Properties LLC · 7 yrs held
Caldwell County Properties LLC
since 2018
6 recorded transactions
Zoning & alternative use
C-1 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.6M
+18.4%
Commercial (general)
$1.3M
+0.3%
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
RESTAURANT
$1,325,000
Current use
WAREHOUSE, STORAGE
$1,570,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,330,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$1.71M
Range $1.54M – $1.88M · ±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
$825 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,100
Tax year 2022
Assessed value
$188,133
Assessed 2024
Previous assessed
$163,472
+15.1% YoY
Effective rate
5.90%
On assessed value
Land market value
$487,200
Improvement market value
$653,000
Total market value
$1,140,200
Applied tax rate
600,012.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
NONE
Cooling
REFRIGERATOR
Buildings
2
Stories
1
Units
2
Total area
2,073 SF
Lot
0.84 ac (36,628 SF)
Zoning code
C-1
APN
304-29-030D
UPID
US07-2303510
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Mesa, AZ
Zoning C-1 · permitted uses
C-1 · 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
RESTAURANT Current
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1978
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.84 ac
Current owner
From public records · entity-resolved
Caldwell County Properties LLC
Entity
Mailing address
3303 E BASELINE RD STE #119, GILBERT, AZ 85234-2740
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2020
—
Caldwell County Properties LLC
—
Deed
related
$860,000 · First State Bank
Nov 26, 2018
—
Caldwell County Properties LLC
—
Deed
related
$305,648 · First State Bank
Aug 21, 2018
—
Caldwell County Properties LLC
A & S Capitol LLC
Warranty Deed
—
Jul 20, 2016
$630,500
A & S Capitol LLC
Thomas B Baker
Special Warranty Deed
$422,500 · First State Bank
Nov 2, 2015
—
Thomas B Baker
Fae Holdings 461354r LLC
Grant Deed
related
—
Jan 6, 2015
—
Thomas B Baker
Thomas B Baker
Quit Claim 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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