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Property profile & analytics
OFF-MARKET
Parking lots & garages
259 Lynwood Ln Mesa, AZ 85201-1401
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-0395125
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1985
Construction
STEEL FRAME
Total area
678 SF
Lot
0.17 ac (7,484 SF)
Zoning code
RS-6
APN
136-14-050
UPID
US07-0395125
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ascent Ten LLC · 8 yrs held
Ascent Ten LLC
since 2018
7 recorded transactions
Zoning & alternative use
RS-6 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$913
Tax year 2023
Assessed value
$13,339
Assessed 2024
Previous assessed
$9,380
+42.2% YoY
Effective rate
6.84%
On assessed value
Land market value
$87,600
Improvement market value
$45,793
Total market value
$133,393
Applied tax rate
41,000.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
678 SF
Lot
0.17 ac (7,484 SF)
Zoning code
RS-6
APN
136-14-050
UPID
US07-0395125
Jurisdiction
MARICOPA
Zoning & alternative use
RS-6 · Mesa, AZ
Zoning RS-6 · permitted uses
RS-6 · 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
1985
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ascent Ten LLC
Entity
Mailing address
943 N BROADWAY STE #101, LOS ANGELES, CA 90012-1765
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2018
$118,000
Ascent Ten LLC
Real Prop Acquisitions LLC
Warranty Deed
—
Sep 11, 2015
$40,000
Real Prop Acquisitions LLC
Williams,scott
Warranty Deed
—
Jul 2, 2013
$58,900
Scott Williams
Marshall,ken
Warranty Deed
—
Aug 26, 2004
—
Ken Marshall
Hud
Grant Deed
related
—
Mar 26, 2004
—
Hud
Citimortgage INC
Grant Deed
related
—
Mar 3, 2004
$78,517
Citimortgage INC
Mcinelly,douglas J & Delonda M
Trustees Deed
related
—
Aug 1, 2000
$74,000
Douglas J Mcinelly
Harris,jimmie L
Grant Deed
$73,395 · Citicorp Mortgage INC
Aug 29, 1994
$55,000
Jimmie L Harris
May
Quit Claim Deed
related
—
Feb 18, 1992
$57,000
Jill May
Warren
Grant Deed
$52,000 · Seller
—
—
Jimmie L Harris
—
Deed Of Trust
related
—
—
—
Kenneth T Marshall
—
Deed Of Trust
related
$53,213 · American General Home Equity
—
—
Kenneth Marshall
—
Deed Of Trust
related
$39,500 · American General Home Equity
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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