Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2711 S Alma School Rd Mesa, AZ 85210

FOR LEASE
Strip malls
Property ID
US07-1315515
18,196 SF 3.8 ac lot Built 1985
Last sale Feb 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This is an asset sale offering for an operating restaurant business in Arizona that includes the existing full restaurant build-out, all furniture, fixtures, and equipment (FF&E), kitchen equipment, inventory, and branding/goodwill. The package also includes an active Arizona DLLC Restaurant (REST) liquor license. Real estate is not included in the offering; instead, the business is associated with an existing lease arrangement that the buyer would need to assume subject to landlord approval or replace with a newly negotiated lease.

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 · 2023

What does the county charge?
$56k
Tax billed · 2023
Assessed value · 2024$657k
Effective rate8.46%

Value estimate

· Oct 2026
$685k
$617k – $754k
Submarket $/SF estimate$6.02M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$311/SF
Submarket average, outlier-cleaned · 108 recorded sales of this use type
Observed band · Q1–Q3$133 – $658
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LC
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding re...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm34.6
Dental Office32.3
Realty agency23.0

Location

2711 S Alma School Rd Mesa, AZ 85210
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
706 Southern Ave, Mesa, AZ 85210-5000 $4,650,000 Jul 2025 22,764 SF
1440 Country Clb, Mesa, AZ 85210-9701 $6,167,500 Jul 2023 13,408 SF
333 Southern, Mesa, AZ 85210-5359 $5,885,000 Mar 2022 30,400 SF
255 Southern, Mesa, AZ 85210-5404 $3,125,000 Dec 2021 25,523 SF
1357 Alma School, Mesa, AZ 85210-2085 $7,876,260 Jul 2020 24,840 SF
Mesa, AZ 85210 $7,876,260 Jul 2020 30,034 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again