Financial
Distress signals
Property profile

1815 1st Ave Mesa, AZ 85202

OFF-MARKET
Flex space
Property ID
US07-1279499
69,955 SF 1.76 ac lot Built 1986
Last sale Dec 1988 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value · 2024$908k
Effective rate3.98%

Value estimate

· Sep 2026
$620k
$558k – $682k
Sales comparison$7.06M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$48 – $371
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
To provide areas for limited manufacturing and processing, wholesaling, research, warehousing, and distribution activities take place wit...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency58.8
Law Firm43.0
Dental Office28.6

Location

1815 1st Ave Mesa, AZ 85202-1146
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2150 Broadway, Mesa, AZ 85202-1893 $168,262,000 Oct 2024 67,200 SF
2340 Broadway, Mesa, AZ 85202-1889 $168,262,000 Oct 2024 65,322 SF
2250 Broadway, Mesa, AZ 85202-1887 $168,262,000 Oct 2024 65,025 SF
2360 Broadway, Mesa, AZ 85202-1891 $168,262,000 Oct 2024 84,480 SF
2166 Broadway, Mesa, AZ 85202-1897 $168,262,000 Oct 2024 85,533 SF
2350 Broadway, Mesa, AZ 85202-1890 $168,262,000 Oct 2024 96,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
You own 1815 1st Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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