Property profile

1736 Nevada Way Mesa, AZ 85204

OFF-MARKET
Flex space
Property ID
US07-0098584
8,644 SF 0.91 ac lot Built 1986
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1986
Construction CONCRETE
Total area 8,644 SF
Lot 0.91 ac (39,614 SF)
Zoning code LI
APN 139-11-013
UPID US07-0098584

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
  • Construction Company General Contractor
  • Construction Company General Contractor

Location

1736 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
$2.41M
Blend (final) Blend
$1.01M

Owner & transaction history

since 2016
7 recorded transactions
2021
Price N/A
2016
$989,799
2006
$1.0M
2003
$395,750
2003
$395,750
2002
$500,000
1969
Price N/A

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
Auto repair, garage $3.8M +168.4%
Neighborhood: shopping center $2.7M +89.7%
Retail stores $2.3M +59.6%

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
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