Property profile

1724 Nevada Way Mesa, AZ 85204

OFF-MARKET
Industrial properties
Property ID
US07-0037904
10,280 SF 0.9 ac lot Built 1993
Entity Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1993
Construction CONCRETE
Total area 10,280 SF
Lot 0.9 ac (39,400 SF)
Zoning code LI
APN 139-11-012
UPID US07-0037904

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
  • Engineering Consultant
  • Marketing & Advertising Event Planning
  • Consultant

Location

1724 Nevada Way Mesa, AZ 85204-6624
Mesa metro Census 422301 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.13M
Blend (final) Blend
$790k

Owner & transaction history

since 2012
7 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
2013
Price N/A
2012
$785,000
2012
$589,020
2006
$1.3M

Zoning & alternative use

LI · Mesa, AZ
Zoning description

mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $3.2M +89.7%
Retail stores $2.7M +59.6%
Medical building $2.7M +59.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 1724 Nevada Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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