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Property profile & analytics
OFF-MARKET
Estimated value
$6,000,000
Specialty properties
1820 Lindner Ave, Mesa, AZ 85202-6543
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-2046472
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1979
Total area
1,878 SF
Lot
6.54 ac (284,786 SF)
Zoning code
RM-3
APN
305-11-736
UPID
US07-2046472
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
-
La Costa at Dobson Ranch Apartment Complex
-
Dobson Association Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.23M
Blend (final)
Blend
$6.00M
Owner & transaction history
1820 W Lindner Ave Investors LLC · 7 yrs held
1820 W Lindner Ave Investors LLC
since 2019
7 recorded transactions
Zoning & alternative use
RM-3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.00M
Range $5.40M – $6.60M · ±10%
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
$3,195 / 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
Assessed value
$50
Assessed 2024
Previous assessed
$50
+0.0% YoY
Land market value
$250
Improvement market value
$250
Total market value
$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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1979
Heating
NONE
Stories
2
Total area
1,878 SF
Lot
6.54 ac (284,786 SF)
Zoning code
RM-3
APN
305-11-736
UPID
US07-2046472
Jurisdiction
MARICOPA
Zoning & alternative use
RM-3 · Mesa, AZ
Zoning RM-3 · permitted uses
RM-3 · 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
1979
Heating
NONE
Stories
2
Lot
6.54 ac
Current owner
From public records · entity-resolved
1820 W Lindner Ave Investors LLC
Entity
Mailing address
2850 E CAMELBACK RD STE #300, PHOENIX, AZ 85016-4367
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Apr 30, 2026
—
1820 W Lindner Ave Investors L
—
Deed
related
$24,697,000 · Berkeley Point Capital
May 30, 2019
$33,750,000
1820 W Lindner Ave Investors LLC
Virtu La Costa Owner LLC
Special Warranty Deed
$22,158,000 · Berkadia Commercial Mortgage LLC
Mar 14, 2016
$19,500,000
Virtu La Costa Owner LLC
Optimus La Costa LP
Grant Deed
$12,037,000 · * Other Institutional Lenders
Oct 31, 2011
$15,750,000
Jdm La Costa LLC
Dioguardi,mark
Trustees Deed
related
—
Jul 13, 2007
—
Ms Lacosta Az Mfp LLC
Owner Name Unavailable
Grant Deed
—
Jul 13, 2007
$22,312,000
Guardian Ms Lacosta Az Mfp LLC
Unit 194 LLC
Trustees Deed
related
$18,500,000 · Capmark Bank
Mar 31, 2006
$17,000,000
Unit 194 LLC
Farnum Properties LLC
Grant Deed
$18,500,000 · Fremont Investment & Loan
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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