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    1346 University Dr Mesa, AZ 85201-5467
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    Property profile & analytics

    1346 University Dr, Mesa, AZ 85201-5467

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    • Strip malls
    • 4,200 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Apr 28, 2023
    $1,050,000
    Property ID
    US07-1293404
    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.

    Value Estimations
    $910,000
    Show details
    Cap Rate Potential
    5.1%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • M&M Electronics Major Appliance Repair / Home Appliance Store
    • M&M Paqueteria / Logistics Company
    • Headlines of Mesa / Home Appliance Store
    • U-Haul Neighborhood Dealer / Car Rental Facility

    Property Details for 1346 University Dr

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    0.28 lot acres
    Zone code
    LC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    135-31-159D
    APU
    13531159D

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 13, 2023 — East Garden Grove Center LLC — Deed · related $550k · Enterprise Bank & Trust
    Apr 28, 2023 $1,050,000 East Garden Grove Center LLC Daniel G Ong Special Warranty Deed —
    Jul 30, 2020 — Daniel G Ong Daniel G Ong Correction Deed · related —
    — — Daniel G Ong — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,035,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $875,000
      6.5%
      $805,000
      7%
      $750,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $620,000
      Market price range: $559k - $2.76M
      AI Estimate
      $572,000
      Market price range: $559k - $2.58M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,310,000
      Current use
      MEDICAL BUILDING
      $1,100,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.86
    Latitude
    33.4225
    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
    2022
    $4,049
    $0.00
    $0.00
    $67,683
    -
    $192,100
    $218,100
    $410,200
    More about this property
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