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    Property profile & analytics

    1435 Southern Ave Mesa, AZ 85202-4814

    • Parking lots & garages
    • 145,000 SF
    • 2.43 lot acres
    OFF-MARKET
    Value Estimation
    $6,820,000
    Last Sale
    Jan 13, 2020
    $7,000,000
    Location Intelligence
    Property ID
    US07-1273098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mac Cosmetics / Cosmetics Store / Cosmetics

    Property Details for 1435 Southern Ave

    Year built
    1989
    Construction
    CONCRETE
    Lot size
    2.43 lot acres
    Property size
    145,000 SF
    Zone code
    LC
    Property type
    Parking lots & garages
    APN
    134-26-410S
    APU
    13426410S

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,660,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,405,000
      6.5%
      $7,640,000
      7%
      $7,140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,595,000
      Geo Method
      $6,835,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,090,000
      Retail
      $7,490,000
      Mixed-Use
      $7,940,000
      Hospitality
      $7,135,000
      Educational
      $6,285,000
      Residential Income
      $6,145,000
      Energy
      $8,405,000
      Income-Based Land
      $8,045,000
      Food Service
      $6,615,000

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.863
    Latitude
    33.3893
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,619
    $0.00
    $0.00
    $174,026
    -
    $608,400
    $446,300
    $1,054,700

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      Mesa, AZ 85202

      PARKING LOT • 0.06 Acres
      Mesa, AZ 85202
      View Details
    • Value Estimation by Request
      161,062 SF

      Mesa, AZ 85202

      PARKING GARAGE, PARKING STRUCTURE • 161,062 SF
      Mesa, AZ 85202
      View Details
    • Value Estimation by Request
      309,776 SF

      1432 Dobson Rd

      PARKING GARAGE, PARKING STRUCTURE • 309,776 SF
      1432 Dobson Rd, Mesa, AZ 85202-4768
      View Details
    • Value Estimation by Request
      161,062 SF

      1432 Dobson Rd

      PARKING GARAGE, PARKING STRUCTURE • 161,062 SF
      1432 Dobson Rd, Mesa, AZ 85202-4768
      View Details
    • Value Estimation by Request
      5,900 SF

      1239 Guadalupe Rd

      AUTO REPAIR, GARAGE • 5,900 SF
      1239 Guadalupe Rd, Mesa, AZ 85202-9101
      View Details
    • Value Estimation by Request
      2,565 SF

      2035 Broadway Rd

      AUTO REPAIR, GARAGE • 2,565 SF
      2035 Broadway Rd, Mesa, AZ 85202-1001
      View Details

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      Freestanding Drive-Thru Building in Mesa

      4,193 SF drive-thru available for lease, ground lease, or sale.
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    Similar Nearby for Lease

    • $13 SF/Yr
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      Retail Space Near Loop 101

      Gas and convenience retail space with Loop 101 access.
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    • $14 SF/Yr
      750 SF

      Retail Space on Dobson Road

      Retail space with easy access and high traffic intersection.
      2051 S Dobson Rd, Mesa, AZ 85202
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    • Contact for pricing
      5,400 SF

      Mixed-Use Retail Space in Mesa

      Retail/restaurant space in mixed-use development near US 60.
      1461 W Southern Ave, Mesa, AZ 85202
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      Mesa Retail Space for Lease

      Retail space in Mesa, Arizona with high traffic and visibility.
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      Mesa Retail Center - Prime Location

      1,750 SF Available, High Visibility
      1911 Broadway Rd, Mesa, AZ 85202
      View Details
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    1435 Southern Ave
    Mesa, AZ 85202-4814
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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