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Property profile & analytics
OFF-MARKET
Office buildings
1365 Broadway Rd Mesa, AZ 85202-1111
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0756952
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
STEEL FRAME
Total area
455 SF
Lot
0.34 ac (14,960 SF)
Zoning code
LI
APN
134-50-087A
UPID
US07-0756952
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
-
SNB Motors Car Dealership
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
Lagusis Holdings LLC · 3 yrs held
Lagusis Holdings LLC
since 2023
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
LI · 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
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
$4,607
Tax year 2023
Assessed value
$66,679
Assessed 2024
Previous assessed
$52,632
+26.7% YoY
Effective rate
6.91%
On assessed value
Land market value
$271,400
Improvement market value
$132,714
Total market value
$404,114
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
455 SF
Lot
0.34 ac (14,960 SF)
Zoning code
LI
APN
134-50-087A
UPID
US07-0756952
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Mesa, AZ
Zoning LI · permitted uses
LI · 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
1978
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Lagusis Holdings LLC
Entity
Mailing address
1365 W BROADWAY RD, MESA, AZ 85202-1111
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
—
Lagusis Holdings LLC
Nicholas Lagusis
Intrafamily Transfer
related
—
Jul 20, 2021
—
Nicholas Lagusis
—
Deed
related
$564,100 · Enterprise Bank & Trust
Apr 28, 2021
$650,000
Nicholas Lagusis
Vale Holdings LLC
Special Warranty Deed
$550,000 · Vale Holdings LLC
Jul 15, 2016
—
Vale Holdings LLC
Arizona Auto Remarketing LLC
Warranty Deed
related
—
Dec 22, 2011
$155,000
Arizona Auto Remarketing LLC
National Bk Of Az
Grant Deed
$155,000 · Animal Friends INC
Jun 2, 2011
$225,000
National Bk Of Az
Morris,kevin J
Trustees Deed
related
—
Aug 17, 2009
$265,000
Surfside Wholesale LLC
Jd Broadway Holdings LLC
Warranty Deed
—
Jun 21, 2005
$303,000
Jd Broadway Holdings LLC
Allen,jeffry S
Warranty Deed
—
May 7, 2002
—
Jess Marshall
Marshall Trust
Quit Claim Deed
related
—
May 7, 2002
$460,000
Jeffrey Allen
Marshall,jess & Gene F
Grant Deed
$276,000 · National Bank Arizona
Nov 23, 1999
$235,000
Marshall Trust
Sullivan,robert M & Deborah
Grant Deed
$500,000 · Community Bank Arizona
—
—
Jeffrey S Allen
—
Deed Of Trust
related
$60,000 · National Bank Arizona
—
—
Jeffrey S Allen
—
Deed Of Trust
related
$70,000 · Wells Fargo Bank
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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