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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Specialty properties
2551 Mckellips Rd Mesa, AZ 85213-3014
Entity Owned
12-yr Hold
Property ID
US07-0398008
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1962
Construction
CONCRETE
Total area
720 SF
Lot
6.44 ac (280,475 SF)
Zoning code
RM-4
APN
141-09-005A
UPID
US07-0398008
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
-
Primrose Estates RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$2.30M
Owner & transaction history
Mar Mhp Primrose Estates LLC · 12 yrs held
Mar Mhp Primrose Estates LLC
since 2013
7 recorded transactions
Zoning & alternative use
RM-4 · 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
$2.30M
Range $2.07M – $2.53M · ±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
$3,194 / 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
$13,120
Tax year 2023
Assessed value
$150,650
Assessed 2024
Previous assessed
$128,520
+17.2% YoY
Effective rate
8.71%
On assessed value
Land market value
$1,145,500
Improvement market value
$361,003
Total market value
$1,506,503
Applied tax rate
41,003.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1962
Construction
CONCRETE
Heating
ELECTRIC
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
720 SF
Lot
6.44 ac (280,475 SF)
Zoning code
RM-4
APN
141-09-005A
UPID
US07-0398008
Jurisdiction
MARICOPA
Zoning & alternative use
RM-4 · Mesa, AZ
Zoning RM-4 · permitted uses
RM-4 · 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
ELECTRIC
Cooling
Yes
Stories
1
Buildings
2
Lot
6.44 ac
Current owner
From public records · entity-resolved
Mar Mhp Primrose Estates LLC
Entity
Mailing address
6750 E CAMELBACK RD STE #100, SCOTTSDALE, AZ 85251-2020
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2016
—
Mar Mhp Primrose Estates LLC
—
Deed
related
$2,000,000 · Arizona Business Bank
Nov 5, 2013
—
Mar Mhp Primrose Estates LLC
Lima Holdings 1 LLC
Special Warranty Deed
—
Sep 1, 2010
$950,000
Lima Holdings 1 LLC
Sunrest INC
Grant Deed
$610,000 · Interestdirect INC
May 16, 2001
$10
Sunrest INC
Davis,alice M
Grant Deed
related
$130,000 · Southern Pacific Bank
Jul 7, 1998
$9,450,000
Reflections Apartments LLC
Verde Investments INC
Grant Deed
related
$1,650,500 · Seller
—
—
Miller Collins
—
Deed Of Trust
related
$35,000 · Private Lender
—
—
Lima Holdings 1 LLC
—
Deed Of Trust
related
$820,000 · Unison Bank
—
—
Sunrest INC
—
Deed Of Trust
related
$760,000 · Interestdirect INC
—
—
Mar-mhp-primrose Estates LLC
—
Deed Of Trust
related
$150,000 · Arizona Busn Bk
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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