Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1740 Mesa Dr Mesa, AZ 85210-6213

    • Automotive properties
    • 6,302 SF
    • 4.80 lot acres
    OFF-MARKET
    Value Estimations
    $4,285,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0883178
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Mesa RV Service / Rv Repair Shop
    • Empire Used Parts / Machinery Parts Manufacturer

    Property Details for 1740 Mesa Dr

    Year built
    1997
    Construction
    CONCRETE
    Lot size
    4.80 lot acres
    Property size
    6,302 SF
    Zone code
    LI
    Property type
    Automotive properties
    APN
    139-49-013
    APU
    13949013

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,283,000
      Market price range: $1.38M - $4.28M
      AI Estimate
      $4,283,000
      Market price range: $1.33M - $4.28M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,775,000
      Current use
      COMMERCIAL (GENERAL)
      $4,045,000
      Change: +46% Conversion: Moderate
      RESTAURANT
      $4,035,000
      Change: +45% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.826
    Latitude
    33.3844
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $52,955
    $0.00
    $0.00
    $783,519
    -
    $1,581,600
    $3,167,000
    $4,748,600

    Comparable in this City

    • Value Estimation by Request
      754 SF

      250 Broadway Rd

      VEHICLE SALES, RENTALS • 754 SF
      250 Broadway Rd, Mesa, AZ 85210-1619
      View Details
    • Value Estimation
      $1,995,000
      8,790 SF

      550 Country Clb Dr

      VEHICLE SALES, RENTALS • 8,790 SF
      550 Country Clb Dr, Mesa, AZ 85210-2324
      View Details
    • Value Estimation
      $9,055,000
      13,319 SF

      1720 Mesa Dr

      VEHICLE SALES, RENTALS • 13,319 SF
      1720 Mesa Dr, Mesa, AZ 85210-6213
      View Details
    • Value Estimation by Request
      729 SF

      Mesa, AZ 85210

      VEHICLE SALES, RENTALS • 729 SF
      Mesa, AZ 85210
      View Details
    • Value Estimation
      $3,185,000
      4,836 SF

      470 Alma School Rd

      VEHICLE SALES, RENTALS • 4,836 SF
      470 Alma School Rd, Mesa, AZ 85210-1013
      View Details
    • Value Estimation by Request
      1,150 SF

      109 2nd Ave

      AUTO REPAIR, GARAGE • 1,150 SF
      109 2nd Ave, Mesa, AZ 85210
      View Details

    Similar Nearby for Sale

    • $3,595,000
      19,860 SF

      Mesa Industrial Space with Automotive

      Industrial space suitable for automotive use in Mesa, Arizona.
      737 W 2Nd Ave, Mesa, AZ 85210
      View Details
    • $1,499,000
      5,360 SF

      Mesa Automotive Repair Facility

      Automotive repair facility with fenced lot and service bays.
      528 S Robson, Mesa, AZ 85210
      View Details
    • Contact for pricing
      12,560 SF

      Turnkey Auto Repair Facility

      Fully equipped auto repair shop in Mesa, ready for operation.
      746 W Southern Ave, Mesa, AZ 85210
      View Details
    • $1,742,000
      1,670 SF

      Mesa Jiffy Lube Investment

      High-ROI Jiffy Lube NNN Lease
      1945 Country Club Dr, Mesa, AZ 85210
      View Details
    • $5,000,000
      18,461 SF

      Mesa Car Wash and Retail

      Car wash and retail property in Mesa, Arizona.
      2828 S Country Club Dr, Mesa, AZ 85210
      View Details
    • $625,000
      3,395 SF

      Mesa Retail Property For Sale

      Retail property available for purchase in Mesa, Arizona.
      145 W Broadway Rd, Mesa, AZ 85210
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      5,875 SF

      Remodeled Automotive/Retail Facility For Rent

      Move-in ready facility with showroom, service bays, and ample parking.
      220 E Baseline Rd, Mesa, AZ 85210
      View Details
    • $15 SF/Yr
      29,099 SF

      Baseline Pavilion Retail Space

      Mesa, AZ Retail Center - Spaces Available
      832 Baseline Rd, Mesa, AZ 85210
      View Details
    • Contact for pricing
      1,735 SF

      Retail Space Near Fiesta Mall

      Retail property in Mesa's Fiesta District, near major institutions.
      1010-1020 W Southern Ave, Mesa, AZ 85210
      View Details
    • Contact for pricing
      17 SF

      Fry's Anchored Shopping Center Space

      Neighborhood shopping center anchored by Fry's Food & Drug.
      542 West Baseline Rd, Mesa, AZ 85210
      View Details
    • $27 SF/Yr
      9,164 SF

      Mesa Retail Space For Lease

      Retail space available near US-60, anchored by Ranch Market.
      1036 E Southern Ave, Mesa, AZ 85210
      View Details
    • Contact for pricing
      48,540 SF

      High-Traffic Corner Retail Opportunity

      Retail space on a heavily trafficked corner in Mesa, Arizona.
      2035 South Alma School Rd, Mesa, AZ 85210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1740 Mesa Dr
    Mesa, AZ 85210-6213
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.