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Property profile & analytics
OFF-MARKET
Retail space
15 81st St Mesa, AZ 85208-1452
Individually Owned
Free & Clear
Property ID
US07-3340434
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
CONCRETE
Total area
1,932 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-N
APN
218-32-081B
UPID
US07-3340434
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
-
Tooter Weaver Upholstery Furniture & Home Goods
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
Weaver Ernie
Weaver Ernie
since 2026
Last sale
$140,000
7 recorded transactions
Zoning & alternative use
C-N · Mesa, AZ
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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,696
Tax year 2022
Assessed value
$24,300
Assessed 2024
Previous assessed
$20,808
+16.8% YoY
Effective rate
6.98%
On assessed value
Land market value
$52,300
Improvement market value
$94,971
Total market value
$147,271
Applied tax rate
40,012.0000
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
1956
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Units
16
Total area
1,932 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C-N
APN
218-32-081B
UPID
US07-3340434
Jurisdiction
MARICOPA
Zoning & alternative use
C-N · Mesa, AZZoning C-N · permitted uses
C-N · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
16
Lot
0.14 ac
Current owner
From public records · entity-resolved
Weaver Ernie
Individual
Free & Clear · 0 yrs held
Mailing address
3121 E GLENN ST, TUCSON, AZ 85716-2236
Ownership since
2026
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
Apr 8, 2026
—
Weaver Ernie
Jim Weaver
Deed
related
—
Feb 11, 2025
—
Martha Louise Rawson
Martha Louise Rawson
Deed
related
—
Nov 23, 2020
$140,000
Martha R Weaver
Family Hill Trust
Warranty Deed
—
Nov 12, 2020
—
Hill Family Trust
Andrew L Weaver
Grant Deed
—
Jul 3, 2019
—
Andrew L Weaver
Hill,jack & Dianne
Quit Claim Deed
related
—
Jun 30, 2014
$154,000
Hill Family Trust
Jolt Electric INC
Warranty Deed
—
Jul 27, 2005
$188,000
Jolt Electric INC
Eshelman,richard J & Connie R
Warranty Deed
$154,300 · Bank Of America
Jun 18, 2002
$115,000
Richard J Eshelman
Mar Wen Investments Ltd
Grant Deed
$100,000 · Mar Wen Investments Ltd
Nov 22, 2000
—
Mar-weh Investments Ltd
Mar-weh Psp Trust
Quit Claim Deed
related
—
Oct 31, 2000
—
Psp T Mar-wen
Losey,howard D
Quit Claim Deed
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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