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Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

259 West 1St Ave Mesa, AZ 85210

FOR LEASE
Banks
Property ID
US07-1165651
3,377 SF 0.56 ac lot Built 1989
Last sale Oct 2023 · $825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail-use commercial building totaling approximately 3,379 square feet. It is located at 259 W 1st Ave, Mesa, Arizona 85210, and is configured for use as a retail space suitable for commercial retail operations. No additional details regarding interior layout, storefront features, condition, or specific improvements are provided in the available information.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value · 2024$194k
Effective rate7.60%

Value estimate

· Oct 2026
$810k
$729k – $891k
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$21k
Operating expenses−$19k
NOI · 3,860,000.00% cap applied$58k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$584/SF
County average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$305 – $1,141

Cap rate analysis

How does the asset earn?
3,860,000.00%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-TC
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.5
Veterinary Clinic9.1
Tailor Shop9.1

Location

259 West 1St Ave Mesa, AZ 85210
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1914 Mesa, Mesa, AZ 85210-6209 $2,333,000 Dec 2025 2,843 SF
350 Southern, Mesa, AZ 85210-5360 $2,600,000 Jul 2025 3,479 SF
1163 Broadway, Mesa, AZ 85210-8424 $1,709,999 Mar 2025 2,946 SF
753 Broadway, Mesa, AZ 85210 $1,875,000 Jan 2025 2,879 SF
1305 Alma School, Mesa, AZ 85210-2070 $3,300,000 Nov 2023 4,067 SF
330 Broadway, Mesa, AZ 85210-1621 $700,000 Jul 2023 2,773 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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