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Property profile & analytics
OFF-MARKET
Industrial properties
1754 48th St, Mesa, AZ 85205-3303
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1300545
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2003
Construction
CONCRETE
Total area
9,906 SF
Lot
0.93 ac (40,367 SF)
Zoning code
LI
APN
141-34-351
UPID
US07-1300545
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
-
Mercury Systems General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wild Holdings Az LLC · 1 yrs held
Wild Holdings Az LLC
since 2025
Last sale
$9.4M
7 recorded transactions
Zoning & alternative use
LI · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,948
Tax year 2023
Assessed value
$263,918
Assessed 2024
Previous assessed
$234,906
+12.4% YoY
Effective rate
6.42%
On assessed value
Land market value
$333,500
Improvement market value
$1,266,000
Total market value
$1,599,500
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
9,906 SF
Lot
0.93 ac (40,367 SF)
Zoning code
LI
APN
141-34-351
UPID
US07-1300545
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.
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Wild Holdings Az LLC
Entity
Mailing address
1475 POWELL ST STE #201, EMERYVILLE, CA 94608-2182
Ownership since
2025
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
Mar 18, 2025
$9,350,000
Wild Holdings Az LLC
Lpc Mesa LLC
Special Warranty Deed
$500,000 · Libitzky Holdings LP
Mar 30, 2022
—
Lpc Mesa LLC
—
Deed
related
$3,825,000 · City National Bank
Jan 20, 2022
$5,160,000
Lpc Mesa LLC
Geco Properties LLC
Special Warranty Deed
—
Jun 24, 2004
$1,000,000
Geco Properties LLC
Mesa Commerce Investments LLC
Grant Deed
$665,000 · Wells Fargo Bank
Jul 30, 2003
—
Mesa Commerce Investments LLC
Stevenson,billy M
Quit Claim Deed
related
$440,000 · Mesa Bank
Jun 27, 2002
$126,000
Billy M Stevenson
Hamman Trust
Grant Deed
—
—
—
Marilyn P Hamman
—
Deed Of Trust
related
—
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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