Property profile

1301 Crismon Rd Mesa, AZ 85209

OFF-MARKET
Hospitals
Property ID
US07-2661328
390,992 SF 46.94 ac lot Built 2005
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 2005
Construction STEEL FRAME
Total area 390,992 SF
Lot 46.94 ac (2,044,562 SF)
Zoning code NC
APN 220-81-746
UPID US07-2661328

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
  • Hospital
  • Physician
  • Medical Clinic
  • Medical Clinic
  • Physician

Location

1301 Crismon Rd Mesa, AZ 85209-3767
Mesa metro Census 422615 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
$151.47M
Blend (final) Blend
$151.47M

Owner & transaction history

since 2013
6 recorded transactions
2013
$112.0M
2009
Price N/A
2007
Price N/A
2007
Price N/A
2007
Price N/A
2006
Price N/A

Zoning & alternative use

NC · Mesa, AZ
Zoning description

Neighborhood Commercial (NC). To provide areas for locally oriented retail and service uses that serve the surrounding residential trade area within a 1⁄2 to two (2) mile radius. Typical uses include, but are not limited…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $250.9M +145.0%
Restaurant $250.3M +144.4%
Auto repair, garage $172.3M +68.2%

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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