Property profile

257 Broadway Rd Mesa, AZ 85210

OFF-MARKET
Industrial properties
Property ID
US07-2784256
3,440 SF 0.52 ac lot Built 1958
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1958
Construction STEEL FRAME
Total area 3,440 SF
Lot 0.52 ac (22,696 SF)
Zoning code DB-2
APN 139-39-028
UPID US07-2784256

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
  • Production Facility Metal Fabrication Plant
  • Production Facility Metal Fabrication Plant
  • Construction Company General Contractor
  • Carpet & Flooring Store Hardware & Home Improvement

Location

257 Broadway Rd Mesa, AZ 85210-1543
Mesa metro Census 422001 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
$1.02M
Blend (final) Blend
$655k

Owner & transaction history

since 2016
3 recorded transactions
2016
Price N/A
1999
Price N/A
1969
Price N/A

Zoning & alternative use

DB-2 · Mesa, AZ
Zoning description

Downtown Business District 2 (DB-2). The purpose of the DB-2 District is to provide for a combination of intensive commercial, light manufacturing, and related uses. The intent of the district is to provide a suitable lo…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $1.5M +109.2%
Neighborhood: shopping center $1.1M +47.9%
Office building $1.0M +42.7%

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
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