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Property profile & analytics
OFF-MARKET
Estimated value
$84,485,000
Specialty properties
1361 Greenfield Rd Mesa, AZ 85206-3306
Entity Owned
10-yr Hold
Property ID
US07-1046418
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1999
Construction
STEEL FRAME
Total area
4,278 SF
Lot
14.71 ac (640,882 SF)
Zoning code
RM-3
APN
140-55-192B
UPID
US07-1046418
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
Current use
Occupant on record · Public records
-
S2s Marketing Advertising Agency Marketing & Advertising
-
Bai's Berries & Sweets Bakery Specialty Food Shop
-
aluis mobile car detailing service Car Wash
-
Envision Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$86.27M
Blend (final)
Blend
$84.49M
Owner & transaction history
Greenfield Road Apartment Partners · 10 yrs held
Greenfield Road Apartment Partners
since 2015
7 recorded transactions
Zoning & alternative use
RM-3 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$84.49M
Range $76.04M – $92.93M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$19,749 / SF
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
$230,390
Tax year 2023
Assessed value
$7,436,130
Assessed 2024
Previous assessed
$5,579,220
+33.3% YoY
Effective rate
3.10%
On assessed value
Land market value
$14,872,200
Improvement market value
$59,489,100
Total market value
$74,361,300
Applied tax rate
41,003.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
57
Stories
1
Units
248
Total area
4,278 SF
Lot
14.71 ac (640,882 SF)
Zoning code
RM-3
APN
140-55-192B
UPID
US07-1046418
Jurisdiction
MARICOPA
Zoning & alternative use
RM-3 · Mesa, AZ
Zoning RM-3 · permitted uses
RM-3 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
57
Units
248
Lot
14.71 ac
Current owner
From public records · entity-resolved
Greenfield Road Apartment Partners
Entity
Mailing address
12100 WILSHIRE BLVD #250, LOS ANGELES, CA 90025-7120
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2020
—
Greenfield Road Apts Tic I LLC
—
Deed
related
$40,107,000 · Berkadia Com'l Mtg
Mar 29, 2018
—
Greenfield Road Apartments Tic
—
Deed
related
$29,330,000 · Berkadia Com'l Mtg
Nov 2, 2015
$29,200,000
Greenfield Road Apartment Partners
Wyndhaven Mesa Partners LLC
Special Warranty Deed
$20,489,000 · Berkadia Commercial Mortgage LLC
Oct 31, 2008
—
Wyndhaven Mesa Partners LLC
—
Deed Of Trust
related
$11,500,000 · Bank Of America
Dec 4, 1998
$17,390
Wyndhave Mesa Partners LLC
Wellington Mesa Partners LP
Grant Deed
$13,500,000 · Continental Savings Bank
—
—
Greenfield Road Apts Tic I LLC
—
Deed Of Trust
related
$40,107,000 · Berkadia Com'l Mtg
—
—
Wyndhaven Mesa Partners LLC
—
Loan Modification
related
$13,100,000 · Bank Of America
—
—
Greenfield Road Apartments Tic
—
Deed Of Trust
related
$29,330,000 · Berkadia Com'l Mtg
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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