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Property profile & analytics
OFF-MARKET
Estimated value
$17,685,000
Hotels
1920 Isabella Ave Mesa, AZ 85202-5719
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US07-1206724
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
STEEL FRAME
Total area
18,306 SF
Lot
2.54 ac (110,642 SF)
Zoning code
LC
APN
305-02-423F
UPID
US07-1206724
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
-
Extended Stay America Select Suites - Phoenix - Mesa - West Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.68M
Blend (final)
Blend
$17.69M
Owner & transaction history
Homestead Village INC · 29 yrs held
Homestead Village INC
since 1996
7 recorded transactions
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$11.7M
+1.6%
Restaurant
$11.7M
+1.3%
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
Alternative Use
Use
Estimation
HOTEL/MOTEL
$11,560,000
Current use
COMMERCIAL (GENERAL)
$11,745,000
Change: +2% · Conversion: Difficult
RESTAURANT
$11,715,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$17.69M
Range $15.92M – $19.45M · ±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
$966 / 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
$85,889
Tax year 2023
Assessed value
$1,207,162
Assessed 2024
Previous assessed
$1,068,246
+13.0% YoY
Effective rate
7.11%
On assessed value
Land market value
$1,597,900
Improvement market value
$5,718,236
Total market value
$7,316,136
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
2
Units
3
Total area
18,306 SF
Lot
2.54 ac (110,642 SF)
Zoning code
LC
APN
305-02-423F
UPID
US07-1206724
Jurisdiction
MARICOPA
Zoning & alternative use
LC · Mesa, AZ
Zoning LC · permitted uses
LC · 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
HOTEL/MOTEL Current
Est. value
$11.6M
COMMERCIAL (GENERAL)
Est. value
$11.7M
RESTAURANT
Est. value
$11.7M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1997
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
3
Units
3
Lot
2.54 ac
Current owner
From public records · entity-resolved
Homestead Village INC
Entity
Mailing address
PO BOX 49550, CHARLOTTE, NC 28277-9550
Ownership since
1996
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
Feb 11, 2026
—
Esa C2 Portfolio L L C
—
Deed
related
—
Nov 5, 2025
—
Esa C2 Portfolio LLC
—
Deed
related
—
Aug 11, 2021
—
Esa Portfolio LLC
—
Deed
related
—
Jun 30, 2021
—
Esa P Portfolio LLC
—
Deed
related
—
Dec 11, 2012
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
Oct 15, 2010
—
Esa Prorperties LLC
—
Deed Of Trust
related
$2,000,000,000 · J P Morgan Chase Bank
Nov 25, 1996
$1,902,258
Homestead Village INC
Cigna Arizona INC
Grant Deed
—
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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