Property profile

1850 Solomon Mesa, AZ 85204

OFF-MARKET
Industrial properties
Property ID
US07-1231788
4,784 SF 0.64 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1986
Construction CONCRETE
Total area 4,784 SF
Lot 0.64 ac (28,056 SF)
Zoning code LI
APN 139-11-050
UPID US07-1231788

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Gas Station

Location

1850 Solomon Mesa, AZ 85204-6635
Mesa metro Census 422301 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$735k
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$980k

Owner & transaction history

since 2020
Last sale
$1.0M
2 recorded transactions
2020
$1.0M
2014
Price N/A

Zoning & alternative use

LI · Mesa, AZ
Zoning description

mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $1.5M +89.7%
Retail stores $1.3M +59.6%
Medical building $1.3M +59.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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