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    1533 N Alma School Rd Mesa, AZ 85201

    Office buildings Google Maps
    4,911 SF 1.35 ac lot Built 1986
    Entity Owned 7-yr Hold ~ Est. High Equity
    1533 N Alma School Rd, Mesa, AZ 85201 For Sale 1 / 16
    $1,575,000 4,911 SF
    1533 N Alma School Rd, Mesa, AZ 85201
    View Listing →
    Estimated value (blended)
    $1.58M
    Range $1.42M – $1.73M (±10%)
    Property ID US07-0068772

    Property summary

    AI-generated overview

    This exceptional retail storefront, part of the 26,070 square foot Alma Plaza, presents a prime opportunity in Mesa, Arizona. Located at 1533 N Alma School Rd, 85201, this space offers 960 square feet of versatile commercial space ideal for a variety of businesses. The property boasts excellent visibility along Alma School Road, a high-traffic thoroughfare. A signalized intersection ensures easy access for customers. The location provides immediate access to the Loop 202 (Red Mountain Freeway), enhancing accessibility for both customers and employees. Monument signage is available, providing excellent branding opportunities. The property is situated near popular attractions such as Mesa Riverview and the Chicago Cubs Spring Training Facility, offering significant foot traffic and exposure to a large customer base. The property's APN is 135-67-300E, and it's located in Maricopa County. This multi-tenant retail building offers a thriving commercial environment. This space is ready for immediate occupancy. Don't miss this chance to establish your business in a high-demand location.

    Property profile

    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Construction CONCRETE
    Total area 4,911 SF
    Lot 1.35 ac (58,632 SF)
    Zoning code LC
    APN 135-67-300E
    UPID US07-0068772

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Marketing & Advertising (Bike/Boat/Book/etc) Store
    • Storage Facility
    • Metal Fabrication Plant General Contractor
    • (Bike/Boat/Book/etc) Store Printing Service
    • Auto Repair Shop (Bike/Boat/Book/etc) Store
    5 occupants on record

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.75M
    Blend (final) Blend
    $1.58M

    Owner & transaction history

    since 2019
    7 recorded transactions
    2019
    $1.5M
    2017
    Price N/A
    2015
    $1.0M
    2005
    $1.4M
    2004
    $960,000
    1993
    $318,491
    1992
    $315,500

    Zoning & alternative use

    LC · Mesa, AZ
    Zoning description

    Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…

    General category COMMERCIAL
    Top alternative use upside
    Auto repair, garage $2.2M +98.7%
    Neighborhood: shopping center $1.5M +40.5%
    Medical building $1.3M +18.1%

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

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    • Value Estimation
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    • Value Estimation
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    • Value Estimation
      $250,000
      4,080 SF
      48 Macdonald
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      48 Macdonald, Mesa, AZ 85201-7329
      View Details

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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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