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Property profile & analytics
OFF-MARKET
Retail space
1360 Jensen St Mesa, AZ 85203
Entity Owned
11-yr Hold
Free & Clear
Property ID
US07-2262654
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
CONCRETE
Total area
1,000 SF
Lot
8.5 ac (370,440 SF)
Zoning code
RS-9
APN
136-27-574A
UPID
US07-2262654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Executive Nine LLC · 11 yrs held
Executive Nine LLC
since 2015
1 recorded transaction
Zoning & alternative use
RS-9 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-3.A.1: Development Standards - RS Residential Single Dwelling Districts Standard RS-90 RS-43 RS-35 RS-15 RS-9 RS-7 RS-6 Additional Standards Lot and Density Standards Minimum Lot Area (sq. ft.) 90,000 43,560 35,000 15,000 9,000 7,000 6,000 Minimu…
Zone name
Residential Single Dwelling 9
General category
CIVIC_INSTITUTIONAL
Zone area
6,707.74 ac
Source
code of ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$803
Tax year 2023
Assessed value
$10,211
Assessed 2024
Previous assessed
$10,373
-1.6% YoY
Effective rate
7.86%
On assessed value
Land market value
$4,252
Improvement market value
$60,581
Total market value
$64,833
Applied tax rate
41,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
1,000 SF
Lot
8.5 ac (370,440 SF)
Zoning code
RS-9
APN
136-27-574A
UPID
US07-2262654
Jurisdiction
MARICOPA
Zoning & alternative use
RS-9 · Mesa, AZZoning RS-9 · permitted uses
RS-9 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-3.A.1: Development Standards - RS Residential Single Dwelling Districts Standard RS-90 RS-43 RS-35 RS-15 RS-9 RS-7 RS-6 Additional Standards Lot and Density Standards Minimum Lot Area (sq. ft.) 90,000 43,560 35,000 15,000 9,000 7,000 6,000 Minimum Lot Width: Interior Lot (ft.) 150 130 130 110 75 65 55 Section 11-5-3(A)(1), Addi
Zone name
Residential Single Dwelling 9
General category
CIVIC_INSTITUTIONAL
Zone area
6,707.74 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
8.5 ac
Current owner
From public records · entity-resolved
Executive Nine LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1415 E MCKELLIPS RD, MESA, AZ 85203-2723
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2015
$290,000
Executive Nine LLC
Nupetco Associates
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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