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    Property profile & analytics

    2847 Ellsworth Rd Mesa, AZ 85212-1499

    • Drive through restaurants
    • 1,536 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Nov 18, 2020
    $500,000
    Location Intelligence
    Property ID
    US07-0111924
    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.

    Current Use by Public Records

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 2847 Ellsworth Rd

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    1.26 lot acres
    Property size
    1,536 SF
    Zone code
    C-G
    Property type
    Drive through restaurants
    APN
    304-02-773
    APU
    30402773

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $460,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $395,000
      Mixed-Use
      $415,000
      Hospitality
      $485,000
      Educational
      $455,000
      Residential Income
      $350,000
      Energy
      $490,000
      Income-Based Land
      $355,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.635
    Latitude
    33.363
    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
    $14,931
    $0.00
    $0.00
    $396,944
    -
    $1,615,800
    $789,923
    $2,405,723

    Comparable in this City

    • Value Estimation by Request
      3,431 SF

      7302 Ellsworth Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,431 SF
      7302 Ellsworth Rd, Mesa, AZ 85212-2441
      View Details
    • Value Estimation by Request
      4,191 SF

      5255 Power Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,191 SF
      5255 Power Rd, Mesa, AZ 85212-4202
      View Details
    • Value Estimation by Request
      1,184 SF

      5647 Power Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,184 SF
      5647 Power Rd, Mesa, AZ 85212-4206
      View Details
    • Value Estimation by Request
      2,552 SF

      5207 Power Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,552 SF
      5207 Power Rd, Mesa, AZ 85212-4202
      View Details
    • Value Estimation
      $3,545,000
      4,598 SF

      9259 Ray Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,598 SF
      9259 Ray Rd, Mesa, AZ 85212
      View Details
    • Value Estimation by Request
      4,480 SF

      4908 Power Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,480 SF
      4908 Power Rd, Mesa, AZ 85212-3602
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,300 SF

      Retail and Drive-Thru Opportunities

      Retail and drive-thru spaces available in mixed-use development.
      8144 E Elliot Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      6,000 SF

      Prime Gilbert Retail Investment

      6,000 SF Multi-Use Retail Property
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      1.29 Acres

      Mesa QSR Pads - Prime Location

      Fast Food Pads: Sale, Lease, BTS
      0 Crismon Rd, Mesa, AZ 85212
      View Details
    • $3,533,000
      2,574 SF

      New Starbucks with Drive-Thru

      New single-tenant Starbucks with drive-thru in Mesa, Arizona.
      4418 South Ellsworth Rd, Mesa, AZ 85212
      View Details
    • $2,433,262
      2,550 SF

      Jiffy Lube NNN Investment

      Mesa, AZ Auto Shop - Strong NOI
      9257 Guadalupe Rd, Mesa, AZ 85212
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    • Contact for pricing
      0.90 Acres

      Mesa Retail Opportunity: High-Traffic Location

      Prime retail space in Mesa, AZ, near major freeway.
      0 Loop 202 & Elliot Rd, Mesa, AZ 85212
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    Similar Nearby for Lease

    • Contact for pricing
      3,300 SF

      Drive-Thru or Endcap Space Available

      Freestanding drive-thru or endcap space for lease or ground lease.
      8108 E Elliot Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      267,854 SF

      Prime Mesa Retail Center

      High-traffic location, multiple suites available
      SR-24 Swc, Mesa, AZ 85212
      View Details
    • Contact for pricing
      2,340 SF

      Restaurant Space Near Morrison Ranch

      Second generation restaurant space with fully built-out kitchen available.
      7641-7659 E Guadalupe Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing

      Mesa Retail Land Opportunity

      Prime 1-acre commercial lot for lease.
      3547 Power Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      13,900 SF

      Eastmark Retail Shops For Lease

      Mesa, AZ Retail Space Available
      0 Elliot Rd & Ellsworth Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      7,300 SF

      Retail Space Near Gateway Airport

      Retail space available near Phoenix-Mesa Gateway Airport.
      8116 E Elliot Rd, Mesa, AZ 85212
      View Details

    Property Visit Statistics

    • Visits by month
      20.1k
    • Visitors by month
      14.5k
    • Avg Time on site
      11 min
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    Mesa, AZ 85212-1499
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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