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Property profile & analytics
OFF-MARKET
Estimated value
$9,190,000
Warehouses
2732 Mckellips Rd, Mesa, AZ 85213-3017
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US07-0932456
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
26,150 SF
Lot
4.97 ac (216,511 SF)
Zoning code
C-C
APN
141-08-002A
UPID
US07-0932456
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
-
Dollar Self Storage Storage Facility
-
Tri West Move N Store LLC Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.35M
Blend (final)
Blend
$9.19M
Owner & transaction history
Dollar Self Storage 5 LLC · 21 yrs held
Dollar Self Storage 5 LLC
since 2005
3 recorded transactions
Zoning & alternative use
C-C · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.5M
+160.7%
Neighborhood: shopping center
$8.1M
+84.2%
Retail stores
$6.9M
+55.1%
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
AUTO REPAIR, GARAGE
$11,525,000
Change: +161% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,145,000
Change: +84% · Conversion: Moderate
RETAIL STORES
$6,855,000
Change: +55% · Conversion: Moderate
MEDICAL BUILDING
$6,850,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$9.19M
Range $8.27M – $10.11M · ±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
$351 / 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
$74,855
Tax year 2023
Assessed value
$1,937,381
Assessed 2024
Previous assessed
$1,539,333
+25.9% YoY
Effective rate
3.86%
On assessed value
Land market value
$1,858,700
Improvement market value
$9,883,000
Total market value
$11,741,700
Applied tax rate
41,003.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Buildings
10
Stories
1
Units
10
Total area
26,150 SF
Lot
4.97 ac (216,511 SF)
Zoning code
C-C
APN
141-08-002A
UPID
US07-0932456
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Mesa, AZ
Zoning C-C · permitted uses
C-C · 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
AUTO REPAIR, GARAGE
Est. value
$11.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.1M
RETAIL STORES
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.9M
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
2002
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
10
Units
10
Lot
4.97 ac
Current owner
From public records · entity-resolved
Dollar Self Storage 5 LLC
Entity
Mailing address
17671 COWAN STE #125, IRVINE, CA 92614-6075
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2022
—
Dollar Self Storage 5 LLC
—
Deed
related
$11,500,000 · Key Bank NA
Apr 27, 2005
—
Dollar Self Storage 5 LLC
Latta,christopher
Warranty Deed
$3,176,000 · Pnc Bank
—
—
Dollar Self Storage 5 LLC
—
Deed Of Trust
related
$6,150,000 · Keybank Nat'l Assn/edgewood
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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