Property profile

2850 Baseline Rd Mesa, AZ 85204

OFF-MARKET
Commercial real estate
Property ID
US07-1610368
1.61 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Lot 1.61 ac (70,303 SF)
Zoning code RM-2
APN 140-64-404
UPID US07-1610368

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
  • Training Center Tutoring Service
  • Big Box & Wholesale Store Distribution Center

Location

2850 Baseline Rd Mesa, AZ 85204-7277
Mesa metro Census 422504 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
by Request
Blend (final) Blend
$6.26M

Owner & transaction history

since 2021
Last sale
$6.9M
5 recorded transactions
2021
$6.9M
2017
$2.8M
2013
$1.9M
2013
$1.9M
1969
Price N/A

Zoning & alternative use

RM-2 · Mesa, AZ
Zoning description

mn refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-5: Development Standards - RM Residential Multiple Dwelling Districts Standard…

General category MIXED_USE

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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