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Property profile & analytics
OFF-MARKET
Parking lots & garages
315 97th St Mesa, AZ 85208-1815
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US07-2654508
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1968
Construction
STEEL FRAME
Total area
1,200 SF
Lot
0.17 ac (7,214 SF)
Zoning code
R-5
APN
220-39-114
UPID
US07-2654508
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Victor Hugo Moguel Ortega · 1 yrs held
Victor Hugo Moguel Ortega
since 2024
Last sale
$148,000
7 recorded transactions
Zoning & alternative use
R-5 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$560
Tax year 2023
Assessed value
$11,457
Assessed 2024
Previous assessed
$11,457
+0.0% YoY
Effective rate
4.89%
On assessed value
Land market value
$83,100
Improvement market value
$31,471
Total market value
$114,571
Applied tax rate
40,012.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
1,200 SF
Lot
0.17 ac (7,214 SF)
Zoning code
R-5
APN
220-39-114
UPID
US07-2654508
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Mesa, AZ
Zoning R-5 · permitted uses
R-5 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Victor Hugo Moguel Ortega
Individual
Mailing address
302 N MERIDIAN RD, APACHE JUNCTION, AZ 85120-3601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2024
—
Victor Hugo Moguel Ortega
Victor Hugo Moguel Ortega
Intrafamily Transfer
related
—
Jan 30, 2023
—
Victor Hugo Moguel Ortega
Victor Hugo Moguel Ortega
Intrafamily Transfer
related
—
Dec 16, 2022
$148,000
Victor Hugo Moguel Ortega
Propiedades De Inversion Arizona Ll
Warranty Deed
$111,700 · Swh Funding LLC
Oct 4, 2022
$65,000
Propiedades De Inversion Arizona Ll
Kathleen I M Bellm Palmer
Warranty Deed
$92,265 · Frank West Capital LLC
May 24, 2018
—
Bellm-palmer,kathleen I M L & Trust
Bellm-palmer,kathleen I M
Quit Claim Deed
related
—
Jun 2, 2005
$57,000
Raymond C Bellm
Cooper,loretta
Warranty Deed
—
Jun 2, 2005
—
Rodney Palmer
Bellm,raymond C & Joanne A
Warranty Deed
$56,000 · Raymond C & Joanne A Bellm
Sep 2, 1994
$24,500
Coyle K Cooper
Sims
Grant Deed
related
$14,500 · Seller
Oct 18, 1988
$15,000
Joe T Sims
—
Deed Of Trust
related
—
Oct 1, 1988
$15,000
Joe T Sims
Houtc
Grant Deed
related
—
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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