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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Retail space
310 Southern Ave Mesa, AZ 85210-5213
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-2279144
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
CONCRETE
Total area
4,200 SF
Lot
0.63 ac (27,385 SF)
Zoning code
I-1
APN
139-44-001D
UPID
US07-2279144
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
-
ShopController (Bike/Boat/Book/etc) Store Corporate Office
-
Desert Auto Works Auto Repair Shop
-
Xerox Corporation (Bike/Boat/Book/etc) Store Printing Service
-
Arizona Driveshaft Auto Repair Shop Big Box & Wholesale Store
-
Emilio's Carpet Clean Carpet Cleaning Service Upholstery Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.21M
Owner & transaction history
Alpine Valley Bread Co · 9 yrs held
Alpine Valley Bread Co
since 2016
4 recorded transactions
Zoning & alternative use
I-1 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Auto repair, garage
$1.9M
+71.0%
Neighborhood: shopping center
$1.3M
+20.8%
Office building
$1.3M
+16.6%
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
RETAIL STORES
$1,085,000
Current use
AUTO REPAIR, GARAGE
$1,850,000
Change: +71% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,310,000
Change: +21% · Conversion: Moderate
OFFICE BUILDING
$1,260,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$1,100,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±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
$287 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$8,392
Tax year 2022
Assessed value
$134,591
Assessed 2024
Previous assessed
$92,021
+46.3% YoY
Effective rate
6.24%
On assessed value
Land market value
$213,200
Improvement market value
$602,500
Total market value
$815,700
Applied tax rate
41,000.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
4,200 SF
Lot
0.63 ac (27,385 SF)
Zoning code
I-1
APN
139-44-001D
UPID
US07-2279144
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Mesa, AZZoning I-1 · permitted uses
I-1 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2003
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Alpine Valley Bread Co
Entity
Mailing address
300 W SOUTHERN AVE, MESA, AZ 85210-5213
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2016
$955,000
Alpine Valley Bread Co
Ol-lonely Ents INC
Grant Deed
—
Nov 10, 2010
—
Ol-lonely Ents INC
Ol-lonely Ents INC
Quit Claim Deed
—
Aug 26, 2010
$3,000,000
Wood Properties LLC
Oi-lonely Ents INC
Grant Deed
$1,750,000 · National Bank Arizona
—
—
Ol-lonely Ents INC
—
Deed Of Trust
related
$4,000,000 · Ge Com'l Finance Busn Prop Cor
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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