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Property profile & analytics
OFF-MARKET
Estimated value
$6,415,000
Medical Office Space
143 63rd St 1 Mesa, AZ 85206-1618
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1627970
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2021
Total area
19,271 SF
Lot
4.47 ac (194,718 SF)
Zoning code
C-G
APN
141-57-017C
UPID
US07-1627970
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
-
Sreedivya Chava Physician
-
Joshua Cohen Physician
-
LOAN L NGUYEN Physician
-
Dr. Arun Kolli Physician
-
KAI-CHUN SUNG Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.61M
Blend (final)
Blend
$6.42M
Owner & transaction history
Tccc 63rd Street LLC · 4 yrs held
Tccc 63rd Street LLC
since 2022
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
C-G · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.5M
+86.2%
Neighborhood: shopping center
$6.0M
+31.6%
Retail stores
$5.1M
+10.8%
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
$6,605,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,560,000
Current use
AUTO REPAIR, GARAGE
$8,490,000
Change: +86% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,000,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$5,050,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$6.42M
Range $5.77M – $7.06M · ±10% · vs last sale $6.13M (Jul 13 2022)
Last sale anchor
$6.13M
Jul 13 2022
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
$333 / 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
$117,653
Tax year 2023
Assessed value
$1,863,180
Assessed 2024
Effective rate
6.31%
On assessed value
Land market value
$1,175,400
Improvement market value
$10,116,597
Total market value
$11,291,997
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Total area
19,271 SF
Lot
4.47 ac (194,718 SF)
Zoning code
C-G
APN
141-57-017C
UPID
US07-1627970
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Mesa, AZ
Zoning C-G · permitted uses
C-G · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
RETAIL STORES
Est. value
$5.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
1
Lot
4.47 ac
Current owner
From public records · entity-resolved
Tccc 63rd Street LLC
Entity
Mailing address
143 S 63RD ST, MESA, AZ 85206-1618
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Tccc 63rd Street LLC
—
Deed
related
$10,750,000 · First Citizens Bank & Trust Co
Jul 31, 2023
—
Tccc 63rd Street LLC
—
Deed
related
$1,194,312 · First Citizens Bank & Trust Co
Jul 13, 2022
$6,125,177
Tccc 63rd Street LLC
Lmad Development LLC
Special Warranty Deed
$6,139,813 · First Citizens Bank & Trust Co
Jan 27, 2021
—
Lmad Development LLC
—
Deed
related
$6,125,177 · First Citizens Bank & Trust Co
Nov 9, 2020
—
Lmad Development LLC
—
Deed
related
$6,125,177 · First Citizens Bank & Trust Co
Apr 22, 2019
—
Lmad Development LLC
—
Deed
related
$1,011,500 · First Citizens Bank & Trust Co
Mar 14, 2019
$190,000
Lmad Dev LLC
Stillprop LLC
Warranty Deed
—
Jul 10, 2014
—
Stillprop LLC
Stillwell Family Ents LP
Quit Claim Deed
related
—
Apr 22, 2014
—
Stillprop LLC
Stillwell Family Ents LP
Quit Claim Deed
related
—
Jun 6, 1989
—
Stillwel Family
—
Deed Of Trust
related
—
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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