Property profile

1740 Broadway Rd Mesa, AZ 85202

OFF-MARKET
Industrial properties
Property ID
US07-2661377
24,340 SF 2.67 ac lot Built 1991
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1991
Construction CONCRETE
Total area 24,340 SF
Lot 2.67 ac (116,392 SF)
Zoning code LI
APN 134-32-003F
UPID US07-2661377

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
  • Corporate Office
  • Big Box & Wholesale Store
  • Accounting Firm Tax Preparation

Location

1740 Broadway Rd Mesa, AZ 85202-1120
Mesa metro Census 421304 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.73M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.43M

Owner & transaction history

since 2021
Last sale
$2.5M
7 recorded transactions
2021
$2.5M
2012
Price N/A
2007
Price N/A
2001
$2.2M
2000
$1.5M
1999
$1.2M
1997
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
Office building $4.2M +4.9%
Warehouse, storage $4.1M +3.0%

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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