Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1524 University Dr Mesa, AZ 85203-8133

    • Drive through restaurants
    • 1,349 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 07, 2024
    Location Intelligence
    Property ID
    US07-0295016
    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

    • Backyard Taco - Mesa North / Mexican Restaurant / Restaurant

    Property Details for 1524 University Dr

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    0.28 lot acres
    Property size
    1,349 SF
    Zone code
    LC
    Property type
    Drive through restaurants
    APN
    137-39-058B
    APU
    13739058B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.798
    Latitude
    33.4228
    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
    $3,206
    $0.00
    $0.00
    $59,680
    -
    $175,100
    $186,595
    $361,695

    Comparable in this City

    • Value Estimation by Request
      2,550 SF

      1005 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,550 SF
      1005 Main St, Mesa, AZ 85203-8821
      View Details
    • Value Estimation by Request
      1,355 SF

      647 Mckellips Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,355 SF
      647 Mckellips Rd, Mesa, AZ 85203-2534
      View Details
    • Value Estimation by Request
      1,205 SF

      1458 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,205 SF
      1458 Main St, Mesa, AZ 85203-8901
      View Details
    • Value Estimation by Request
      1,359 SF

      1353 Mckellips Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,359 SF
      1353 Mckellips Rd, Mesa, AZ 85203-2720
      View Details
    • Value Estimation by Request
      2,644 SF

      1110 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,644 SF
      1110 Main St, Mesa, AZ 85203-8824
      View Details
    • Value Estimation by Request
      850 SF

      1040 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 850 SF
      1040 Main St, Mesa, AZ 85203-8852
      View Details

    Similar Nearby for Sale

    • $3,900,000
      13,050 SF

      Mesa Retail Property For Sale

      Freeway-accessible retail property with drive-through and high traffic volume.
      1151 E Mckellips Rd, Mesa, AZ 85203
      View Details
    • $6,022,233

      Fitness Anchored Shopping Center For Sale

      100% occupied shopping center with below market rents.
      425-515 N Stapley Dr, Mesa, AZ 85203
      View Details
    • $7,995,000
      57,839 SF

      Mesa Redevelopment Opportunity

      Prime Mesa location, multi-use potential.
      1902 Main St, Mesa, AZ 85203
      View Details
    • $2,100,000
      12,536 SF

      Mesa Retail Center: Prime Location

      Newly renovated, multi-tenant retail space.
      1535 University Dr, Mesa, AZ 85203
      View Details
    • Contact for pricing
      13,969 SF

      Mesa Retail Building For Sale

      Retail building with high visibility and ample parking.
      2009 North Stapley Dr, Mesa, AZ 85203
      View Details
    • Contact for pricing
      57,526 SF

      Mesa Retail Box Opportunity

      57,526 SF retail space at Stapley & University Drive.
      445-445 N Stapley Dr, Mesa, AZ 85203
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,013 SF

      Mesa Retail Space For Lease

      Retail space available in high-traffic Mesa location.
      4425-4565 E Mckellips Rd, Mesa, AZ 85203
      View Details
    • Contact for pricing
      2,760 SF

      Turnkey Restaurant Space Available

      Restaurant space with kitchen equipment and bar in place.
      1038 E Main St, Mesa, AZ 85203
      View Details
    • Contact for pricing
      2,800 SF

      Retail/Bar Building For Lease

      Retail or bar building with 2,800 square feet available for lease.
      1034 E Main St, Mesa, AZ 85203
      View Details
    • Contact for pricing
      2,078 SF

      Retail Center with Gilbert Rd Frontage

      Grocery anchored retail center with ample parking and frontage.
      1911 E Brown Rd, Mesa, AZ 85203
      View Details
    • Contact for pricing
      33,948 SF

      Retail Space Near US 60

      Retail space available near US 60 Freeway in Mesa.
      1655 S Stapley Dr, Mesa, AZ 85203
      View Details
    • Contact for pricing
      49,160 SF

      Mission Square Retail Center

      Mesa Retail Space Available Now
      1933 University Dr, Mesa, AZ 85203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1524 University Dr
    Mesa, AZ 85203-8133
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.