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Property profile & analytics
OFF-MARKET
Estimated value
$30,920,000
Specialty properties
214 Gilbert Rd Mesa, AZ 85203-8243
Entity Owned
4-yr Hold
Free & Clear
Property ID
US07-3369850
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1986
Construction
STEEL FRAME
Total area
1,219 SF
Lot
3.69 ac (160,866 SF)
Zoning code
RM-3
APN
138-68-250
UPID
US07-3369850
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
-
Astero Mesa West Apartment Complex
-
Inc. Car Wash
-
Tides on Gilbert West Apartment Complex
-
James Meyn Web Design Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$30.92M
Owner & transaction history
Mcp Tides On Gilbert West LLC · 4 yrs held
Mcp Tides On Gilbert West LLC
since 2022
Last sale
$30.7M
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
$31,355,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$30.92M
Range $27.83M – $34.01M · ±10% · vs last sale $30.70M (Jan 19 2022)
Last sale anchor
$30.70M
Jan 19 2022
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
$25,365 / 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
$500
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
1986
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
2
Total area
1,219 SF
Lot
3.69 ac (160,866 SF)
Zoning code
RM-3
APN
138-68-250
UPID
US07-3369850
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
1986
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
2
Lot
3.69 ac
Current owner
From public records · entity-resolved
Mcp Tides On Gilbert West LLC
Entity
Free & Clear · 4 yrs held
Mailing address
301 OAK KNL DR, LOS ALAMITOS, CA 90720
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
$30,700,000
Mcp Tides On Gilbert West LLC
Ab Southern Ridge LLC
Special Warranty Deed
—
Apr 6, 2009
$112,500
Nash Family Trust
New Southern Ridge Condo LLC
Deed In Lieu Of Foreclosure
—
Mar 31, 2009
$114,000
Haupt Trust
New Southern Ridge Condo LLC
Deed In Lieu Of Foreclosure
—
Feb 12, 2007
—
New Southern Ridge Condo LLC
Owner Name Unavailable
Grant Deed
related
—
Oct 31, 2006
$8,100,000
Sthrn Ridge Condominiums L New
Clm Holdings LLC South Bk
Grant Deed
$8,202,076 · Tom Agrios
Oct 20, 2003
$4,895,000
Slm Holdings LLC
Seville Gardens LLC
Grant Deed
related
—
Sep 23, 1999
$4,550,000
Seville Gardens LLC
Erp Operating LP
Grant Deed
$3,730,000 · Arcs Commercial Mortgage Co LP
Apr 12, 1994
$2,694,000
Eqr Southbank Vistas INC
Dm Partners LP
Grant Deed
—
Dec 30, 1988
$3,200,000
Bancwest Investm
—
Deed Of Trust
related
—
—
—
J G Financial Ma
—
Deed Of Trust
related
$2,790,000 · Security Pacific National Bank
—
—
Operating L P Erp
—
Deed Of Trust
related
—
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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