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    2651 Baseline Rd Mesa, AZ 85202-5458
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    Property profile & analytics

    2651 Baseline Rd, Mesa, AZ 85202-5458

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    • Strip malls
    • 11,300 SF
    • 1.16 lot acres
    Off-Market
    Last Sale Mar 20, 2020
    $1,437,500
    Property ID
    US07-3422750
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,665,000
    Show details
    Cap Rate Potential
    9.1%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • FURNITURE MEMORYZZZ / Furniture & Home Goods / Home Decor Store
    • Botanical Rhapsody Organics (CBD Store) / (Bike/Boat/Book/etc) Store

    Property Details for 2651 Baseline Rd

    Year built
    1978
    Construction
    CONCRETE
    Lot size
    1.16 lot acres
    Zone code
    LC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    305-08-019
    APU
    30508019

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 20, 2020 $1,437,500 Sgrp2020 LLC Btt LLC Grant Deed —
    Jan 31, 2007 $1,700,000 Btt LLC Crl Trust Grant Deed $1M · Crl Trust (tr)
    Jan 31, 2007 — Crl Trust Don Carlos Property LLC Grant Deed —
    Mar 29, 1993 — Jvl Investment Company Lee Grant Deed · related —
    Dec 30, 1992 — Crl,trust Lee Grant Deed · related —
    — — Carlos Properties L L C Don — Deed Of Trust · related —
    — — Btt LLC — Deed Of Trust · related $1M · Kinecta FCU
    — — Btt LLC — Loan Modification · related $1.3M · Kinecta FCU
    — — Btt LLC — Loan Modification · related $1.3M · Kinecta FCU

    Description

    Don Carlos Plaza, located at 2651 W Baseline Rd in Mesa, Arizona (zip code 85202), presents a compelling investment opportunity. This single-story, 11,300 square foot neighborhood shopping center sits on a 1.16-acre lot and was constructed in 1985. The property's convenient location offers excellent visibility and accessibility, situated near the intersection of Loop 101 and Baseline Road, ensuring high traffic volume and exposure to a substantial customer base. Currently, there is one available retail space of 1,400 square feet, presenting a chance for expansion or a new tenant to join the existing businesses. The property's APN is 305-08-019, and it is located in Maricopa County. The building consists of a single structure with multiple tenants, making it an ideal investment for those seeking a diversified portfolio. This established center offers a strong foundation for future growth and profitability in a thriving Mesa market. The property's strategic location and existing infrastructure provide a solid base for immediate occupancy and long-term returns. Further details are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,180,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,785,000
      6.5%
      $1,650,000
      7%
      $1,530,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,144,000
      Market price range: $1.12M - $2.14M
      AI Estimate
      $2,144,000
      Market price range: $1.12M - $2.14M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,520,000
      Current use
      OFFICE BUILDING
      $1,945,000
      Change: +28% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,910,000
      Change: +26% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.892
    Latitude
    33.3779
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,921
    $0.00
    $0.00
    $382,586
    -
    $1,519,700
    $799,002
    $2,318,702
    More about this property
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