Financial
Distress signals
Property profile

2111 S Alma School Rd Mesa, AZ 85210

FOR LEASE
Strip malls
Property ID
US07-0471477
4,560 SF 3.26 ac lot Built 1986
Last sale Oct 2018 · $3,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Fiesta Palms II is a shopping center located in Mesa, Arizona, with a total building area of 28,383 square feet. The property is described as having a high level of occupancy (91%) and is configured to serve multiple retail tenants within the center. It features recent capital upgrades and is situated near the Fiesta Mall redevelopment, which places it in proximity to a major retail improvement project.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$46k
Tax billed · 2023
Assessed value · 2024$748k
Effective rate6.11%

Value estimate

· Sep 2026
$2.90M
$2.61M – $3.19M
Submarket $/SF estimate$3.00M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI · 118,700.00% cap applied$19k

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

Recently sold

What actually traded nearby?
$311/SF
Submarket average, outlier-cleaned · 108 recorded sales of this use type
Observed band · Q1–Q3$133 – $658
Qualifying comparables6

Cap rate analysis

How does the asset earn?
118,700.00%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LC
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding re...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.2
Carpet & Flooring Store9.9
Locksmith9.5

Location

2111 S Alma School Rd Mesa, AZ 85210
County assessor Recorded deeds · 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1130 Country Clb, Mesa, AZ 85210-4639 $450,000 Jun 2025 6,355 SF
1335 Alma School, Mesa, AZ 85210-2085 $4,612,950 Mar 2025 8,424 SF
1712 Country Clb, Mesa, AZ 85210-6045 $3,500,000 Sep 2021 5,600 SF
542 Baseline, Mesa, AZ 85210-6014 $6,200,000 Aug 2021 8,896 SF
745 Baseline, Mesa, AZ 85210-6024 $1,500,000 Mar 2019 3,200 SF
58 Mesa, Mesa, AZ 85210-1422 $500,000 Jan 2019 7,644 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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