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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Motels
2710 Main St Mesa, AZ 85213-9227
Entity Owned
6-yr Hold
Free & Clear
Property ID
US07-0280596
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1959
Construction
CONCRETE
Total area
1,716 SF
Lot
2.08 ac (90,737 SF)
Zoning code
LC
APN
140-70-080B
UPID
US07-0280596
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
Current use
Occupant on record · Public records
-
Starlite Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.66M
Owner & transaction history
Shanti Hospitality LLC · 6 yrs held
Shanti Hospitality LLC
since 2020
7 recorded transactions
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+1.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,085,000
Current use
COMMERCIAL (GENERAL)
$1,100,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$967 / SF
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
$17,543
Tax year 2023
Assessed value
$281,086
Assessed 2024
Previous assessed
$244,817
+14.8% YoY
Effective rate
6.24%
On assessed value
Land market value
$788,900
Improvement market value
$914,653
Total market value
$1,703,553
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1959
Construction
CONCRETE
Heating
NONE
Buildings
9
Stories
1
Units
9
Total area
1,716 SF
Lot
2.08 ac (90,737 SF)
Zoning code
LC
APN
140-70-080B
UPID
US07-0280596
Jurisdiction
MARICOPA
Zoning & alternative use
LC · Mesa, AZ
Zoning LC · permitted uses
LC · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
9
Units
9
Lot
2.08 ac
Current owner
From public records · entity-resolved
Shanti Hospitality LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2710 E MAIN ST, MESA, AZ 85213-9227
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2020
—
Shanti Hospitality LLC
Prabhaben Patel
Grant Deed
—
Feb 18, 2015
—
Prabhaben Patel
Bhupendra Patel Prabhaben
Intrafamily Transfer
related
$470,000 · Gateway Commercial Bank
Dec 30, 2002
$900,000
Prabhaben B Patel
Tulcy LLC
Grant Deed
—
Aug 17, 1999
—
Mikalacki Trust
Mikalacki,midrag
Quit Claim Deed
related
—
Aug 17, 1999
$825,000
Patel,kishor B
Mikalacki Trust
Trustees Deed
$625,000 · Seller
Jul 13, 1999
$714,790
Midrag Mikalacki
Kuber Investment Co
Trustees Deed
—
May 4, 1998
—
Starlight Motel LLC
Nolan,viola M
Grant Deed
related
—
Mar 12, 1998
—
Miodrag Mikalacki
Kaesler,elmo E & Lois E
Grant Deed
related
—
Dec 27, 1995
$1,050,000
Viola M Nolan
Navinchendra Patel
Grant Deed
—
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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