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Property profile & analytics
OFF-MARKET Estimated value $1,350,000
Retail space

235 Country Clb Dr Mesa, AZ 85201-6539

5,088 SF 0.65 ac lot Built 1981
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-1113525
Property summary
AI-generated overview

This freestanding, two-story convenience store building presents a compelling investment opportunity in Mesa, Arizona. Located at 235 N Country Club Dr, 85201, this property boasts 9,880 square feet of net rentable space on a 0.649-acre lot (28,286 sq ft). The building features a drive-thru, offering exceptional convenience for customers. With a Class C designation and a NNN lease in place, the property generates a strong net operating income (NOI) of $72,120, resulting in a 4.51% cap rate. The asking price is $1,600,000 ($161.94 per square foot). Currently 100% occupied, the existing tenant is amenable to early termination, providing flexibility for an owner-user or redevelopment. The property benefits from high visibility on Country Club Drive, with 31,650 vehicles passing daily, and enjoys 214 feet of frontage. Situated within Mesa's Downtown Business District, this location offers proximity to numerous national retailers and a robust business community. The property is zoned DB-1 and is offered fee simple. This is a rare opportunity to acquire a well-located retail property with significant upside potential in a thriving market. The potential to acquire the existing business and liquor license adds further value.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1981
Construction CONCRETE
Total area 5,088 SF
Lot 0.65 ac (28,286 SF)
Zoning code C-TC
APN 138-57-001A
UPID US07-1113525
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
  • Bad Habits (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • CoinFlip Bitcoin ATM Bank Business Banking Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.35M
CAP Approach CAP
$870k
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.35M
Owner & transaction history
Mountain Investment Capital LLC · 1 yrs held
Mountain Investment Capital LLC
since 2024
Last sale
$1.4M
6 recorded transactions
2024
$1.4M
2020
$940,000
2020
Price N/A
2015
$1.1M
1996
$850,000
1969
Price N/A
Zoning & alternative use
C-TC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Auto repair, garage $2.2M +116.2%
Neighborhood: shopping center $1.6M +52.8%
Medical building $1.3M +28.5%
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