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Property profile & analytics
OFF-MARKET
Estimated value
$31,040,000
Specialty properties
3165 University Dr Mesa, AZ 85213-8595
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US07-0053718
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1978
Construction
STEEL FRAME
Total area
9,720 SF
Lot
24.44 ac (1,064,449 SF)
Zoning code
RM-4
APN
140-22-003H
UPID
US07-0053718
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
-
Orangewood Shadows RV Resort Campground & RV Park
-
Orangewood Shadows RV Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$32.27M
Blend (final)
Blend
$31.04M
Owner & transaction history
Lsare LLC · 21 yrs held
Lsare LLC
since 2004
7 recorded transactions
Zoning & alternative use
RM-4 · 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
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
Blend value · Realmo final
$31.04M
Range $27.94M – $34.14M · ±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
$3,193 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$47,694
Tax year 2023
Assessed value
$629,626
Assessed 2024
Previous assessed
$565,320
+11.4% YoY
Effective rate
7.57%
On assessed value
Land market value
$4,214,900
Improvement market value
$2,081,358
Total market value
$6,296,258
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
9,720 SF
Lot
24.44 ac (1,064,449 SF)
Zoning code
RM-4
APN
140-22-003H
UPID
US07-0053718
Jurisdiction
MARICOPA
Zoning & alternative use
RM-4 · Mesa, AZ
Zoning RM-4 · permitted uses
RM-4 · 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
1978
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
24.44 ac
Current owner
From public records · entity-resolved
Lsare LLC
Entity
Mailing address
7091 E BALFOUR RD, PARADISE VALLEY, AZ 85253-7027
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2004
$9,750,000
Lsare LLC
Beros LLC
Grant Deed
related
$7,400,000 · J P Morgan Chase Com'l Mtg Sec
Jul 19, 2002
—
James D Jennett
Jennett,diana
Quit Claim Deed
related
$7,400,000 · Wachovia Bank NA
Dec 27, 2000
—
Jennett Trust
Atkinson Properties LLC
Trustees Deed
related
—
Nov 22, 1988
$240,000
James D Jennett
—
Deed Of Trust
related
—
Jun 30, 1988
$4,950,000
Capita Ellenburg
—
Trustees Deed
related
—
Jun 30, 1988
$5,306,250
Propertie Sussex
Ellen
Trustees Deed
related
—
Jun 1, 1988
$5,306,250
James D Jennett
Ellen
Trustees Deed
related
—
Jun 1, 1988
$4,950,000
Capita Ellenburg
Patte
Trustees Deed
related
—
—
—
Gate Properties L P Green
—
Deed Of Trust
related
—
—
—
Properties L L C Atkinson
—
Deed Of Trust
related
—
—
—
Esther G Jennett
—
Deed Of Trust
related
—
—
—
Gate Properties L P Green
—
Deed Of Trust
related
—
—
—
Gate Properties L P Green
—
Deed Of Trust
related
—
—
—
Gate Properties L P Green
—
Deed Of Trust
related
—
—
—
Properties L L C Atkinson
—
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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