Property summary
This exceptional 43,268 square foot medical office center, located at 215 S Power Rd in Mesa, Arizona (zip code 85206), presents a unique investment opportunity. Built in 1987 and situated on a 76,676 square foot lot, the property is zoned C-2 and features multiple tenancies. Currently, there is 13,253 square feet of vacant space available, divisible into units as small as 925 square feet, with a maximum contiguous space of 6,594 square feet. The property's versatile design caters to a variety of medical and office users. Its convenient location offers easy access to major transportation routes, nearby hospitals, and a wealth of retail and restaurant options, ensuring high visibility and accessibility for tenants. The property's owner is offering a substantial tenant improvement package to facilitate a seamless transition for new occupants. The property's APN is 218-21-011 and is located in Maricopa County. This is an excellent opportunity to acquire a well-located, versatile medical office building with significant potential for growth and return on investment. The property is ideally suited for multiple types of office users, offering a range of space options to accommodate various business needs. The generous tenant improvement allowance further enhances the attractiveness of this property for prospective tenants.
Property profile
VerifiedCap rate & NOI
Current use
-
Physician Medical Clinic
-
Physician
-
Medical Clinic
-
Counselor Care Services
-
Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
o other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-5: Development Standards - RM Residential Multiple Dwelling Districts Standard RM-2 RM-3…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RM-4 · Mesa, AZo other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-5: Development Standards - RM Residential Multiple Dwelling Districts Standard RM-2 RM-3…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
o other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-5: Development Standards - RM Residential Multiple Dwelling Districts Standard RM-2 RM-3…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RM-4 in Mesa, AZ.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight