Technical
Financial
Distress signals
Property profile

2311 Broadway Rd Mesa, AZ 85202

OFF-MARKET
Medical Office Space
Property ID
US07-0262194
6,993 SF 1.45 ac lot Built 2001
Entity Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2001
Construction STEEL FRAME
Total area 6,993 SF
Lot 1.45 ac (63,335 SF)
Zoning code LC
APN 134-39-004Z
UPID US07-0262194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office

Location

2311 Broadway Rd Mesa, AZ 85202-1005
Mesa metro Census 422104 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.71M
Blend (final) Blend
$1.00M

Owner & transaction history

since 2019
6 recorded transactions
2021
Price N/A
2019
$975,000
2019
$750,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LC · Mesa, AZ
Zoning description

Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding residential trade area within a one (1) to 10-mile radius. Typical uses include, but…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $4.5M +145.0%
Restaurant $4.5M +144.4%
Auto repair, garage $3.1M +68.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2311 Broadway Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message