1325 N Greenfield Rd Mesa, AZ 85205
Property profile & analytics
1325 N Greenfield Rd Mesa, AZ 85205
- Retail space
- 6,600 SF
- 0.99 lot acres
Property ID
US07-3405310
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Crackers & Co. Café / Restaurant / Cafe & Coffee Shop
- Milan Laser Hair Removal / Skin Care Clinic
Property Details for 1325 N Greenfield Rd
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 0.99 lot acres
- Property size
- 6,600 SF
- Zone code
- LC
- Property type
- Retail space
- APN
- 141-33-130
- APU
- 14133130
Description
This exceptional 6,600 square foot shopping center in Mesa, Arizona, presents a compelling investment opportunity. Located at 1325 N Greenfield Rd, within the Mountain View Plaza, this single-story, 2003-built property boasts 100% occupancy with two strong tenants under a triple-net (NNN) lease. The current lease has 11 years remaining, generating a substantial net operating income (NOI) of $170,493 and a 6.25% cap rate. The asking price is $2,728,000, translating to $413.33 per square foot. Situated on a 42,963 square foot lot with excellent visibility and ample parking, the property benefits from a prominent monument sign and high traffic counts due to its location near the northeast corner of N. Greenfield Road and E. Brown Road. One tenant, Cracker's Café, has been a fixture since the building's construction in 2005, and has expanded to other locations. The other tenant, Milan Laser, operates a large network of clinics across the country. The property is zoned LC - Limited Commercial and offers a stable, core investment with long-term potential. This is a rare opportunity to acquire a well-established, high-performing retail center in a prime Mesa location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,285,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,606,000
- AI Estimate
- $2,602,000
Market price range: $801k - $3.05MMarket price range: $801k - $3.05M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,730,000 Current use
- AUTO REPAIR, GARAGE
- $2,910,000 Change: +68% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,055,000 Change: +19% Conversion: Moderate
- MEDICAL BUILDING
- $1,730,000 Change: -0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.736
- Latitude
- 33.4397
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,794
$0.00
$0.00
$330,701
-
$1,075,800
$928,449
$2,004,249
