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Property profile & analytics
OFF-MARKET
Estimated value
$8,995,000
Schools
2160 Power Rd, Mesa, AZ 85209-6681
Individually Owned
8-yr Hold
Free & Clear
Property ID
US07-2186772
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1998
Construction
CONCRETE
Total area
22,416 SF
Lot
2.65 ac (115,372 SF)
Zoning code
SC
APN
309-05-434
UPID
US07-2186772
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
-
East Valley Free Will Baptist Church Church
-
Fizzy's Lunch Lab Restaurant Take-out & Catering
-
Pima Medical Institute - East Valley College Adult Education School
-
School Pima Institute High School
-
Davey Jones Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.04M
Blend (final)
Blend
$9.00M
Owner & transaction history
Broadstone Pmi Portfolio Ll · 8 yrs held
Broadstone Pmi Portfolio Ll
since 2017
7 recorded transactions
Zoning & alternative use
SC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.4M
+128.9%
Restaurant
$14.3M
+128.3%
Auto repair, garage
$9.9M
+57.2%
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$6,285,000
Current use
COMMERCIAL (GENERAL)
$14,385,000
Change: +129% · Conversion: Difficult
RESTAURANT
$14,345,000
Change: +128% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,880,000
Change: +57% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,980,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$5,875,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$5,870,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$9.00M
Range $8.10M – $9.89M · ±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
$401 / 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
$68,912
Tax year 2023
Assessed value
$1,098,785
Assessed 2024
Previous assessed
$931,566
+18.0% YoY
Effective rate
6.27%
On assessed value
Land market value
$2,884,200
Improvement market value
$3,775,100
Total market value
$6,659,300
Applied tax rate
410,600.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
2
Total area
22,416 SF
Lot
2.65 ac (115,372 SF)
Zoning code
SC
APN
309-05-434
UPID
US07-2186772
Jurisdiction
MARICOPA
Zoning & alternative use
SC · Mesa, AZ
Zoning SC · permitted uses
SC · 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$14.4M
RESTAURANT
Est. value
$14.3M
AUTO REPAIR, GARAGE
Est. value
$9.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.0M
RETAIL STORES
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.9M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1998
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
2.65 ac
Current owner
From public records · entity-resolved
Broadstone Pmi Portfolio Ll
Individual
Free & Clear · 8 yrs held
Mailing address
40 N SWAN RD STE #100, TUCSON, AZ 85711-3019
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2017
$6,158,985
Broadstone Pmi Portfolio Ll
Bright Legacy Mgmt LLC
Grant Deed
—
Jun 30, 2009
—
Bright Legacy Management LLC
—
Deed Of Trust
related
$3,522,063 · Pima Medical Institute
Jul 1, 2008
—
Bright Legacy Mgmt LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 30, 2008
$3,435,483
Bright Legacy Management LLC
Anderson Rex C
Trustees Deed
$2,800,000 · Mgf Funding INC
Aug 22, 2007
—
Rojan Development I LLC
Rojan Development LLC
Quit Claim Deed
related
—
Dec 12, 2006
$3,790,000
Rojan Dev LLC
Wallach,steve & Michelle
Grant Deed
$2,390,000 · Performance Cap
Jan 13, 2004
$3,475,000
Steve Wallach
Uop Billorado LLC
Grant Deed
$2,725,000 · M & I Marshall & Isley Bank
Sep 19, 2003
—
Uop Billorado LLC
Billorado Properties
Quit Claim Deed
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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