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Property profile & analytics
OFF-MARKET
Estimated value
$5,440,000
Motels
1750 Main St Mesa, AZ 85203-9020
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0138214
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
STEEL FRAME
Total area
12,808 SF
Lot
1.39 ac (60,461 SF)
Zoning code
C-G
APN
138-69-125
UPID
US07-0138214
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Quality Inn & Suites Near Downtown Mesa Hotel & Motel
-
Legacy suite Hotel & Motel
-
Park University Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.44M
Owner & transaction history
Prisha Investments LLC · 4 yrs held
Prisha Investments LLC
since 2021
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
C-G · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.2M
+1.6%
Restaurant
$8.2M
+1.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,310,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,090,000
Current use
COMMERCIAL (GENERAL)
$8,220,000
Change: +2% · Conversion: Difficult
RESTAURANT
$8,200,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$5.44M
Range $4.90M – $5.98M · ±10% · vs last sale $4.35M (Aug 16 2021)
Last sale anchor
$4.35M
Aug 16 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$425 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,497
Tax year 2023
Assessed value
$360,310
Assessed 2024
Previous assessed
$306,901
+17.4% YoY
Effective rate
7.91%
On assessed value
Land market value
$676,900
Improvement market value
$1,506,796
Total market value
$2,183,696
Applied tax rate
41,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
2
Units
2
Total area
12,808 SF
Lot
1.39 ac (60,461 SF)
Zoning code
C-G
APN
138-69-125
UPID
US07-0138214
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Mesa, AZ
Zoning C-G · permitted uses
C-G · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$8.2M
RESTAURANT
Est. value
$8.2M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
1.39 ac
Current owner
From public records · entity-resolved
Prisha Investments LLC
Entity
Mailing address
1750 E MAIN ST, MESA, AZ 85203-9020
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2022
—
Prisha Investments LLC
—
Deed
related
$2,000,000 · Salamore Trust
May 13, 2022
—
Prisha Investments LLC
—
Deed
related
$2,000,000 · Salamone Trust
Nov 19, 2021
—
Prisha Investments LLC
—
Deed
related
$1,300,000 · Salamone Trust
Aug 16, 2021
$4,350,000
Prisha Investments LLC
Star Hospitality LLC
Special Warranty Deed
$3,200,000 · Summit State Bank
Jul 6, 2018
—
Star Hospitality LLC
—
Trustees Deed
related
$2,831,000 · Bank34
Jul 28, 2017
—
Star Hospitality LLC
—
Deed
related
$350,000 · Salamone Trust (pt)
Jan 6, 2017
—
Star Hospitality LLC
—
Deed
related
$600,000 · Salamone Trust (pt)
Oct 31, 2016
—
Star Hospitality LLC
—
Deed
related
$150,000 · Jai Sai Baba LLC
Oct 21, 2016
—
Star Hospitality LLC
—
Deed
related
$2,100,000 · First Community Bank
Dec 24, 2013
$1,625,000
Star Hospitality LLC
Ahir,family Trust
Grant Deed
$1,125,000 · Ahir Family Trust (pt)
Jun 11, 2007
$2,050,000
Ahir Family Trust
Uptown Hospitality LLC
Grant Deed
—
Aug 8, 2005
$1,700,000
Uptown Hospitality LLC
Lsk LLC
Warranty Deed
$1,530,000 · Silver State Bank
Aug 29, 1997
$1,750,000
Kammo,louis & Sahira
James N Maxwell
Trustees Deed
—
Oct 24, 1994
$1,200,000
James N Maxwell
San Francisco Pacifica
Grant Deed
$876,000 · Seller
—
—
Star Hospitality LLC
—
Deed Of Trust
related
$350,000 · Salamone Trust (pt)
—
—
Ahir Family Trust
—
Deed Of Trust
related
$4,204,306 · Wells Fargo Bank
—
—
Star Hospitality LLC
—
Deed Of Trust
related
$600,000 · Salamone Trust (pt)
—
—
Star Hospitality LLC
—
Deed Of Trust
related
$150,000 · Jai Sai Baba LLC
—
—
Star Hospitality LLC
—
Deed Of Trust
related
$1,200,000 · Bruno & Jami Salamone
—
—
Star Hospitality LLC
—
Deed Of Trust
related
$1,750,000 · Bruno & Jami Salamone
—
—
L L C Lsk
—
Deed Of Trust
related
$1,250,000 · Heller First Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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