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Property profile & analytics
OFF-MARKET
Estimated value
$4,650,000
Office buildings
2345 Alma School Rd Mesa, AZ 85210-4011
Entity Owned
7-yr Hold
Free & Clear
Property ID
US07-2521705
Property summary
AI-generated overview
The Breezeway Building, located at 2345 S Alma School Rd, Mesa, AZ 85210, offers a fantastic opportunity to lease high-quality executive office space. This Class B building, totaling 21,710 square feet, underwent renovations in 2014 and boasts a desirable location. The available space is 1,249 square feet, representing the minimum divisible and maximum contiguous space currently available. The building sits on 1.17 acres of land and features ample parking with 126 spaces available for tenants and their guests. Built in 1987, the two-story building includes elevators for convenient access to all floors. The property is zoned C-O City of Mesa. Annual property taxes are $1.22 per square foot. This is an ideal space for businesses seeking a modern, well-maintained office environment in a convenient Mesa location. The suite is ready for immediate occupancy. Interested parties should inquire about lease terms and conditions. The building is well-maintained and offers a professional atmosphere. The location provides easy access to major roadways and amenities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
STEEL FRAME
Total area
10,966 SF
Lot
1.37 ac (59,519 SF)
Zoning code
OC
APN
302-04-898
UPID
US07-2521705
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
-
S. is for Skin Medical Clinic Skin Care Clinic
-
Vivify Wellness Crisis Center Medical Clinic
-
joyful hearts counseling Counselor
-
Armour Legal Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$4.65M
Owner & transaction history
Tinalden Ventures LLC · 7 yrs held
Tinalden Ventures LLC
since 2019
7 recorded transactions
Zoning & alternative use
OC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.0M
+113.5%
Restaurant
$7.0M
+113.0%
Auto repair, garage
$4.8M
+46.6%
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
OFFICE BUILDING
$3,295,000
Current use
COMMERCIAL (GENERAL)
$7,035,000
Change: +114% · Conversion: Easy
RESTAURANT
$7,020,000
Change: +113% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,830,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,415,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$2,870,000
Change: -13% · Conversion: Easy
RETAIL STORES
$2,825,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$4.65M
Range $4.19M – $5.12M · ±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
$424 / 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
$25,307
Tax year 2023
Assessed value
$460,895
Assessed 2024
Previous assessed
$425,119
+8.4% YoY
Effective rate
5.49%
On assessed value
Land market value
$951,600
Improvement market value
$1,841,700
Total market value
$2,793,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
2
Units
3
Total area
10,966 SF
Lot
1.37 ac (59,519 SF)
Zoning code
OC
APN
302-04-898
UPID
US07-2521705
Jurisdiction
MARICOPA
Zoning & alternative use
OC · Mesa, AZ
Zoning OC · permitted uses
OC · 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
OFFICE BUILDING Current
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$7.0M
RESTAURANT
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$2.9M
RETAIL STORES
Est. value
$2.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1987
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
3
Units
3
Lot
1.37 ac
Current owner
From public records · entity-resolved
Tinalden Ventures LLC
Entity
Free & Clear · 7 yrs held
Mailing address
17501 IRVINE BLVD STE #105, TUSTIN, CA 92780-3147
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jul 23, 2019
$329,214
Tinalden Ventures LLC
2345 S Alam School Road LLC
Special Warranty Deed
—
Jul 23, 2019
—
Tinalden Ventures LLC
Tinalden LLC
Quit Claim Deed
—
Mar 2, 2016
$388,000
Srm Medina LLC
Munter,gst Exempt Trust
Grant Deed
—
Mar 2, 2016
—
Srm Medina LLC
Tinalden LLC
Grant Deed
related
—
Feb 26, 2016
$2,400,000
Tinalden LLC
Terradyne LLC
Grant Deed
$1,400,000 · Orange Cntys Cu
Aug 31, 2012
$1,075,000
Terradyne LLC
Munter Gst Exempt Trust
Grant Deed
—
Aug 31, 2012
—
Munter Gst Exempt Family Trust
Munter R Duane Trust
Quit Claim Deed
related
—
—
—
Tinalden LLC
—
Loan Modification
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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