New search
Property profile & analytics
FOR SALE
Office buildings
1750 S Mesa Dr, Mesa, AZ 85210
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-2179139
For Sale
1 / 2
$7,900,000
1750 S Mesa Dr, Mesa, AZ 85210
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
CONCRETE
Total area
26,347 SF
Lot
3.25 ac (141,721 SF)
Zoning code
LI
APN
139-49-010B
UPID
US07-2179139
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
FMC Dialysis Medical Clinic
-
Maricopa County Public Dfndr Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.41M
Comparable Approach
Comparable
$6.62M
Blend (final)
Blend
$6.86M
Owner & transaction history
1750 S Mesa Dr LLC · 5 yrs held
1750 S Mesa Dr LLC
since 2020
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
LI · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.2M
+3.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,025,000
6.5%
$7,410,000
7%
$6,880,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,920,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,205,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$6,900,000
Change: -13% · Conversion: Easy
RETAIL STORES
$6,790,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$6.86M
Range $6.17M – $7.55M · ±10% · vs last sale $7.00M (Oct 7 2020)
Last sale anchor
$7.00M
Oct 7 2020
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
$260 / 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
$54,237
Tax year 2023
Assessed value
$639,056
Assessed 2024
Previous assessed
$802,196
-20.3% YoY
Effective rate
8.49%
On assessed value
Land market value
$1,482,700
Improvement market value
$2,390,368
Total market value
$3,873,068
Applied tax rate
411,000.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1987
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
2
Units
2
Total area
26,347 SF
Lot
3.25 ac (141,721 SF)
Zoning code
LI
APN
139-49-010B
UPID
US07-2179139
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Mesa, AZ
Zoning LI · permitted uses
LI · 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
OFFICE BUILDING Current
Est. value
$7.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$6.9M
RETAIL STORES
Est. value
$6.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1987
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Buildings
2
Units
2
Lot
3.25 ac
Current owner
From public records · entity-resolved
1750 S Mesa Dr LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1236 W EDGEWATER DR, GILBERT, AZ 85233-7041
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2020
$4,074,000
1750 S Mesa Dr LLC
Insura Continental
Grant Deed
—
Feb 6, 2020
—
Continental General Ins Co
1750 Mesa LLC
Deed In Lieu Of Foreclosure
related
—
Oct 6, 2016
—
1750 Mesa LLC
—
Deed
related
$3,900,000 · Iborrow Fin Loan Fund I LP
Jun 1, 2005
—
1750 Mesa LLC
L & C Offices LLC
Quit Claim Deed
related
—
Dec 22, 2004
—
1750 Mesa LLC
Icp 300 LLC
Grant Deed
$4,200,000 · Merrill Lynch Mortgage Lending
—
—
1750 Mesa LLC
—
Deed Of Trust
related
$3,600,000 · Readycap Commercial LLC Readycap Commercial LLC
—
—
1750 Mesa LLC
—
Deed Of Trust
related
$3,900,000 · Iborrow Fin Loan Fund I LP
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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
