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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Assisted living facilities
1953 Fountain St, Mesa, AZ 85203-5124
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US07-1529183
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1972
Construction
CONCRETE BLOCKS
Total area
3,760 SF
Lot
0.34 ac (14,954 SF)
Zoning code
RS-9
APN
137-38-016
UPID
US07-1529183
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$540k
Owner & transaction history
Debra E Perkins · 13 yrs held
Debra E Perkins
since 2012
7 recorded transactions
Zoning & alternative use
RS-9 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$695,000
+2.3%
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$680,000
Current use
OFFICE BUILDING
$695,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$635,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$144 / 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
$2,796
Tax year 2023
Assessed value
$54,350
Assessed 2024
Previous assessed
$44,310
+22.7% YoY
Effective rate
5.14%
On assessed value
Land market value
$108,700
Improvement market value
$434,800
Total market value
$543,500
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1972
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
12
Total area
3,760 SF
Lot
0.34 ac (14,954 SF)
Zoning code
RS-9
APN
137-38-016
UPID
US07-1529183
Jurisdiction
MARICOPA
Zoning & alternative use
RS-9 · Mesa, AZ
Zoning RS-9 · permitted uses
RS-9 · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$680,000
OFFICE BUILDING
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$635,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1972
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
12
Lot
0.34 ac
Current owner
From public records · entity-resolved
Debra E Perkins
Individual
Mailing address
PO BOX 335, CLAY SPRINGS, AZ 85923-0335
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2012
$295,000
Debra E Perkins
Bruce Jackson
Warranty Deed
$236,000 · Primary Residential Mortgage INC
Aug 27, 2010
—
Bruce Jackson
Federal Natl Mtg Assn Fnma
Grant Deed
$109,000 · Alex B & Joan H Finter
Jul 16, 2009
$342,412
Federal National Mortgage Assn
Bosco Michael A JR
Trustees Deed
related
—
Nov 29, 2004
$430,000
Cyndee Presutti
Heckenlaible-habig,judith
Warranty Deed
$333,700 · Taylor Bean & Whitaker Mtg
Jan 2, 2001
$285,000
Judith Heckenlaible
Arrowsmith,robert T
Grant Deed
$256,500 · Greenpoint Mortgage Funding
Aug 23, 1999
$153,000
Robert Arrowsmith
Beneficial Mortgage Co
Grant Deed
$157,600 · Morequity INC
Apr 5, 1999
$189,847
Beneficial Mortgage Co
Shackelford,charlene
Trustees Deed
related
—
—
—
Robert Arrowsmith
—
Deed Of Trust
related
$8,000 · Individual
—
—
Charlene Shackelford
—
Deed Of Trust
related
$128,800 · Ford Consumer Credit
—
—
Cyndee Presutti
—
Deed Of Trust
related
$75,000 · Bonnett Fairbourn Friedman & B
—
—
Charlene Shackelford
—
Deed Of Trust
related
$161,250 · American Finance
—
—
Robert Arrowsmith
—
Deed Of Trust
related
$15,000 · American Pension Services
—
—
Judith Heckenlaible
—
Deed Of Trust
related
$263,700 · Washington Mutual Fsb
—
—
Robert T Arrowsmith
—
Deed Of Trust
related
$200,000 · Morequity INC
—
—
Robert Arrowsmith
—
Deed Of Trust
related
$30,000 · Flanigan Trust
—
—
Judith A Habig
—
Deed Of Trust
related
$255,000 · Indymac Bank Fsb
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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