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Financial
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Property profile

135 S Mesa Dr Mesa, AZ 85204

FOR LEASE
Retail space
Property ID
US07-1768207
2,248 SF 0.16 ac lot Built 1986
Last sale Jun 2026 · $710,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story retail building located in Historic Downtown Mesa within the Downtown Mesa District. It contains 3,092 square feet and is arranged with tenant-ready interior improvements including a lobby/reception area, a work area, and two restrooms. The lower level features an open bullpen layout plus two office spaces and water hookups, while the upper level offers an open bullpen and/or storage area intended to support service and office-style uses. Exterior features include…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$67k
Effective rate7.48%

Value estimate

· Oct 2026
$735k
$662k – $809k
Submarket $/SF estimate$602k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 156,474.29% cap applied$27k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$258/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$121 – $386
Qualifying comparables15

Cap rate analysis

How does the asset earn?
156,474.29%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-TC
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy12.5
Computer & Electronic Repair12.1
Tailor Shop11.1

Location

135 S Mesa Dr Mesa, AZ 85204
County assessor Recorded deeds · 6 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
955 Country Clb, Mesa, AZ 85210-3539 $280,000 Apr 2025 2,508 SF
1510 Country Clb, Mesa, AZ 85210-5134 $3,800,000 Apr 2024 2,625 SF
330 Broadway, Mesa, AZ 85210-1621 $700,000 Jul 2023 2,773 SF
810 Baseline, Mesa, AZ 85210-5901 $1,140,000 May 2023 2,400 SF
1252 Country Clb, Mesa, AZ 85210 $30,000,000 Mar 2023 2,310 SF
42 Macdonald, Mesa, AZ 85210-1326 $335,000 Mar 2023 2,375 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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