3048 Baseline Rd Mesa, AZ 85204-7286
Property profile & analytics
3048 Baseline Rd Mesa, AZ 85204-7286
- Office properties & Spaces
- 7.06 lot acres
Property ID
US07-1953622
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.
Location Intelligence
Current Use by Public Records
- Casey Cutler, DDS / Dental Office
- East Valley Implant & Periodontal Center in Mesa / Dental Office
- LAKE VISTA DENTISTRY / Dental Office
- Donald Clifford, DDS / Dental Office
- Wild West Children's Dentistry / Dental Office
Property Details for 3048 Baseline Rd
- Lot size
- 7.06 lot acres
- Zone code
- LC
- Property type
- Office properties & Spaces
- APN
- 140-64-433
- APU
- 14064433
Description
This exceptional investment opportunity presents a 5,000 square foot medical office condominium located at 3048 E Baseline Rd, Building 9, Mesa, Arizona 85204 (APN: 140-64-423 & 140-64-424). Currently 100% leased to Optum, a UnitedHealthcare subsidiary, under a five-year lease commencing June 16, 2022, and expiring June 15, 2027. The lease includes three three-year renewal options. The property boasts a desirable 5.75% cap rate and a price per square foot of $416.73, with an asking price of $2,083,625. The fully built-out space features twelve wet exam rooms, a medical assistant station, a lobby, a break room, and two ADA-compliant restrooms. Its prime location offers convenient access to SR-60 and proximity to major medical facilities, including Dignity Health Arizona General Hospital and Banner Gateway Medical Center. The property is zoned PAD/L-C. This is a rare opportunity to acquire a high-performing, fully leased medical office building in a thriving healthcare market. The strong tenant and lease terms make this an attractive investment for discerning buyers.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.765
- Latitude
- 33.3798
- 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
$0.00
$0.00
$0.00
$83
-
$500
$0.00
$500
