Property profile

248 10th Dr Mesa, AZ 85210

OFF-MARKET
Industrial properties
Property ID
US07-3219203
6,768 SF 0.47 ac lot Built 1984
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1984
Construction STEEL FRAME
Total area 6,768 SF
Lot 0.47 ac (20,473 SF)
Zoning code LI
APN 139-31-031
UPID US07-3219203

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
  • Telecommunications Service

Location

248 10th Dr Mesa, AZ 85210-8745
Mesa metro Census 422002 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
$1.48M
Blend (final) Blend
$595k

Owner & transaction history

since 2018
7 recorded transactions
2024
Price N/A
2020
Price N/A
2019
Price N/A
2018
$600,000
2009
$354,500
2008
$720,000
2003
$10

Zoning & alternative use

LI · Mesa, AZ
Zoning description

mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $2.1M +47.9%
Office building $2.0M +42.7%
Medical building $1.8M +24.3%

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 248 10th Dr?
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