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Financial
Distress signals
Property profile

1356 S Gilbert Rd Mesa, AZ 85204

FOR LEASE
Strip malls
Property ID
US07-1728811
20,370 SF 0.75 ac lot Built 1981
Last sale Dec 2023 · $15,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail investment opportunity is located in the thriving Mesa, Arizona market at 1356 S Gilbert Rd, zip code 85204. The property, known as Mesa South Center, is a well-maintained strip center boasting a total of 134,253 square feet situated on a substantial 754,769 square foot lot in Maricopa County. Currently, there are five available spaces ranging in size from a minimum of 1,000 square feet to a maximum of 4,850 square feet, providing flexibility for a variety of retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value · 2024$299k
Effective rate5.24%

Value estimate

· Oct 2026
$680k
$612k – $748k
Submarket $/SF estimate$2.74M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$311/SF
Submarket average, outlier-cleaned · 108 recorded sales of this use type
Observed band · Q1–Q3$133 – $658
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LC
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding re...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.4
Laundry Service12.0
Food Market11.0

Location

1356 S Gilbert Rd Mesa, AZ 85204
County assessor Recorded deeds · 9 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
330 Gilbert, Mesa, AZ 85204-2472 $2,100,000 Jun 2022 32,330 SF
2034 Southern, Mesa, AZ 85204-5303 $24,200,000 Jun 2022 33,440 SF
1255 Southern, Mesa, AZ 85204-5153 $12,300,000 May 2022 18,984 SF
2753 Broadway Rd, Mesa, AZ 85204-1573 $11,250,000 Dec 2021 17,358 SF
2639 Broadway Rd, Mesa, AZ 85204-1571 $11,250,000 Dec 2021 25,989 SF
1555 Gilbert, Mesa, AZ 85204-6000 $4,300,000 Feb 2021 11,800 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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