Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

1701 W Broadway Rd Mesa, AZ 85202

FOR SALE
Other automotive properties
Property ID
US07-0392452
4,925 SF 1.92 ac lot Built 1980
Last sale Oct 2024 · $3,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is commercial land with frontage along Broadway Road in Mesa’s industrial area, suitable for commercial real estate development.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value · 2024$388k
Effective rate3.99%

Value estimate

· Oct 2026
$3.20M
$2.88M – $3.52M
AI approach$3.20M
Submarket $/SF estimate$3.35M
NOI build-up
Gross scheduled income$320k
Vacancy & credit loss−$21k
Operating expenses−$90k
NOI · 3.60% cap applied$209k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$441/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$219 – $680
Qualifying comparables11

Cap rate analysis

How does the asset earn?
3.60%
$209k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-1
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm27.5
Realty agency18.2
Parking Facility11.9

Location

1701 W Broadway Rd Mesa, AZ 85202
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2357 Broadway, Mesa, AZ 85202-1005 $675,000 Jun 2023 3,666 SF
1345 Broadway, Mesa, AZ 85202-1111 $1,000,000 Nov 2021 3,906 SF
517 Dobson, Mesa, AZ 85202-1843 $3,700,000 Oct 2021 5,330 SF
2062 Guadalupe, Mesa, AZ 85202-7379 $1,350,000 Mar 2021 2,104 SF
2056 Southern, Mesa, AZ 85202-4702 $1,262,500 Mar 2020 4,160 SF
2355 Broadway, Mesa, AZ 85202-1005 $305,000 Nov 2018 1,512 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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
Why this one?
Saved