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Property profile & analytics
OFF-MARKET
Estimated value
$6,100,000
Mobile home & RV parks
25 102nd St Mesa, AZ 85208-3221
Entity Owned
10-yr Hold
Property ID
US07-1585376
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1962
Construction
CONCRETE
Total area
4,468 SF
Lot
9.03 ac (393,347 SF)
Zoning code
R-5
APN
220-51-047
UPID
US07-1585376
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
-
Valley Palms Mobile Home Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.51M
Blend (final)
Blend
$6.10M
Owner & transaction history
Valley Palms Mhp LLC · 10 yrs held
Valley Palms Mhp LLC
since 2015
5 recorded transactions
Zoning & alternative use
R-5 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Blend value · Realmo final
$6.10M
Range $5.49M – $6.71M · ±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
$1,365 / 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
$14,410
Tax year 2023
Assessed value
$201,360
Assessed 2024
Previous assessed
$170,070
+18.4% YoY
Effective rate
7.16%
On assessed value
Land market value
$1,204,100
Improvement market value
$809,500
Total market value
$2,013,600
Applied tax rate
40,012.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1962
Construction
CONCRETE
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
6
Stories
1
Total area
4,468 SF
Lot
9.03 ac (393,347 SF)
Zoning code
R-5
APN
220-51-047
UPID
US07-1585376
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Mesa, AZ
Zoning R-5 · permitted uses
R-5 · 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.
Building & site characteristics
From public records
Year built
1962
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
6
Lot
9.03 ac
Current owner
From public records · entity-resolved
Valley Palms Mhp LLC
Entity
Mailing address
54 ROOKERY DR, COLD SPRING, MN 56320-4589
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Valley Palms Mhp LLC
—
Deed
related
$2,400,000 · American First Cu
Jul 21, 2015
—
Valley Palms Mhp LLC
Juanita II M H P L C
Special Warranty Deed
$2,475,000 · C III Commercial Mortgage LLC
Jan 1, 2015
$2,800,000
Juanita II Mhp Lc
Hermerath,w P & M L Trust
Grant Deed
—
Dec 31, 2014
$2,800,000
Mhp Lc Juanita II
Hermerath W P & M L Trust
Grant Deed
$1,603,909 · Hermerath W P & M L Tr (pt)
Jun 14, 1988
—
Willia Hermerath
—
Deed Of Trust
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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