Property profile & analytics
215 Power Rd Mesa, AZ 85205-8400
- Specialty properties
- 16,217 SF
- 90.04 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US07-3035479
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Rem Sleep Therapy / Physician / Medical Clinic
- Stephen L. Burton, LMT / Physician
- Banner Health / Medical Clinic
- New Hope Behavioral Health Center / Counselor / Care Services
- Kidney Specialists Clinic Dr.S.K. Masood / Medical Clinic
Property Details for 215 Power Rd
- Year built
- 1995
- Construction
- STEEL FRAME
- Lot size
- 90.04 lot acres
- Property size
- 16,217 SF
- Zone code
- RM-4
- Property type
- Specialty properties
- APN
- 218-13-006N
- APU
- 21813006N
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $53,831,000
- AI Estimate
- $49,749,000
Market price range: $7.08M - $327MMarket price range: $4.59M - $313M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.68
- Latitude
- 33.4195
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$142,002
$0.00
$0.00
$1,603,158
-
$7,899,800
$8,131,777
$16,031,577
