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Property profile & analytics
OFF-MARKET
Assisted living facilities
2623 Augustine, Mesa, AZ 85207-2051
Entity Owned
2-yr Hold
Property ID
US07-0053234
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Construction
FRAME
Total area
1,856 SF
Lot
0.1 ac (4,346 SF)
Zoning code
RS-6
APN
219-25-387
UPID
US07-0053234
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
Yamasa Co Ltd · 2 yrs held
Yamasa Co Ltd
since 2023
Last sale
$430,000
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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,282
Tax year 2022
Assessed value
$40,460
Assessed 2024
Previous assessed
$35,280
+14.7% YoY
Effective rate
5.64%
On assessed value
Land market value
$80,900
Improvement market value
$323,700
Total market value
$404,600
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
7
Bathrooms
3
Total area
1,856 SF
Lot
0.1 ac (4,346 SF)
Zoning code
RS-6
APN
219-25-387
UPID
US07-0053234
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
2001
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Yamasa Co Ltd
Entity
Mailing address
PO BOX 4090, SCOTTSDALE, AZ 85261-4090
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
$430,000
Yamasa Co Ltd
Gloria Obaigwa
Warranty Deed
—
Dec 14, 2021
—
Gloria Obaigwa
—
Deed
related
$16,220 · Nationstar Mortgage LLC
Nov 3, 2017
$268,000
Gloria Obaigwa
Dustin Spears
Warranty Deed
$263,145 · Primary Residential Mortgage INC
Mar 14, 2017
$235,000
Dustin Spears
Ford,terry L
Warranty Deed
$230,743 · Caliber Hm Loans
Jan 30, 2013
$185,000
Terry L Ford
Gilliland,gary J
Warranty Deed
$188,977 · Arizona Bank & Trust
Nov 12, 2008
—
Gary J Gilliland
Caballero,dina
Quit Claim Deed
related
$160,000 · Countrywide Bank
Mar 23, 2005
—
Dina Caballero
Caballero,vincent
Quit Claim Deed
related
—
Dec 19, 2001
$165,140
Vincent Caballero
Maracay Windsong LLC
Grant Deed
$165,141 · Decision One Mortgage Co
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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