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Property profile & analytics
OFF-MARKET
Estimated value
$31,880,000
Super regional malls
1632 Signal Butte Rd Mesa, AZ 85209-1482
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0909317
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2006
Construction
CONCRETE
Total area
87,672 SF
Lot
17.32 ac (754,282 SF)
Zoning code
LC
APN
220-81-749
UPID
US07-0909317
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
-
SEPHORA at Kohl's Cosmetic Store
-
Kohl's Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$33.17M
Blend (final)
Blend
$31.88M
Owner & transaction history
Dtl-sgw LLC · 8 yrs held
Dtl-sgw LLC
since 2017
5 recorded transactions
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$38.6M
+41.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$27,305,000
Current use
AUTO REPAIR, GARAGE
$38,635,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$22,980,000
Change: -16% · Conversion: Easy
MEDICAL BUILDING
$22,960,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$31.88M
Range $28.69M – $35.07M · ±10%
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
$364 / 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
$276,187
Tax year 2023
Assessed value
$3,618,731
Assessed 2024
Previous assessed
$3,141,821
+15.2% YoY
Effective rate
7.63%
On assessed value
Land market value
$7,206,000
Improvement market value
$14,725,700
Total market value
$21,931,700
Applied tax rate
41,012.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
87,672 SF
Lot
17.32 ac (754,282 SF)
Zoning code
LC
APN
220-81-749
UPID
US07-0909317
Jurisdiction
MARICOPA
Zoning & alternative use
LC · Mesa, AZ
Zoning LC · permitted uses
LC · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$27.3M
AUTO REPAIR, GARAGE
Est. value
$38.6M
RETAIL STORES
Est. value
$23.0M
MEDICAL BUILDING
Est. value
$23.0M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
17.32 ac
Current owner
From public records · entity-resolved
Dtl-sgw LLC
Entity
Mailing address
7669 E PINNACLE PEAK RD STE #250, SCOTTSDALE, AZ 85255-3222
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2018
—
Dtr1c-sge LLC
—
Deed
related
$82,000,000 · Keybank USA
Oct 30, 2017
—
Dtl-sgw LLC
Dtd Devco 8w LLC
Warranty Deed
related
—
Oct 5, 2007
—
Dtd-devco 8w LLC
Ctw-superstition Gateway West
Warranty Deed
$81,725,000 · Key Bank & Trust
—
—
Dtd-devco 8e LLC
—
Deed Of Trust
related
$3,000,000 · Key Bank & Trust
—
—
Dtr1c-sge LLC
—
Deed Of Trust
related
$82,000,000 · Keybank USA
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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