Technical
Financial
Distress signals
Property profile

2840 Norwalk Mesa, AZ 85215

OFF-MARKET
Flex space
Property ID
US07-0380927
5,323 SF 0.92 ac lot Built 2001
Entity Owned 26-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2001
Construction CONCRETE
Total area 5,323 SF
Lot 0.92 ac (40,267 SF)
Zoning code LI
APN 141-25-064B
UPID US07-0380927

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

2840 Norwalk Mesa, AZ 85215-1126
Mesa metro Census 420304 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.46M

Owner & transaction history

since 1999
3 recorded transactions
2016
Price N/A
1999
$100,000
1969
Price N/A

Zoning & alternative use

LI · Mesa, AZ
Zoning description

mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $2.3M +168.4%
Neighborhood: shopping center $1.7M +89.7%
Retail stores $1.4M +59.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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