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    Property profile & analytics

    323 Brown Rd Mesa, AZ 85201

    • Strip malls
    • 8,400 SF
    • 0.90 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US07-1363840
    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.

    Current Use by Public Records

    • Papa Locos Tacos & Burgers & Jay’s Hot Chicken / Restaurant
    • Make U Mobile / Wheelchair Repair Service / Mobility Equipment Supplier
    • SRP M-POWER BOX / Electric Utility Company
    • Coinhub Bitcoin ATM Teller / Atm
    • Tiki Hair Company / Hair Salon

    Property Details for 323 Brown Rd

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    0.90 lot acres
    Property size
    8,400 SF
    Zone code
    LC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    137-19-688A
    APU
    13719688A

    Description

    Fitch Plaza, located at 323 E Brown Rd, Mesa, AZ 85201 (SWC Mesa Drive and Brown Road), offers exceptional restaurant and retail space for lease. This Class A property, totaling 8,400 square feet, features five suites and underwent renovations in 2024. Currently, 3,310 square feet are vacant, divisible into spaces ranging from 1,185 to 2,125 contiguous square feet. The property boasts a prime location in a densely populated Mesa neighborhood, with a 3-mile daytime population exceeding 116,000 and average household incomes of $75,575. Benefit from exceptional co-tenancy with established brands like Food City Grocery and CVS Pharmacy, ensuring high foot traffic. Ample parking provides customer convenience. Monument signage is available for enhanced brand visibility. Flexible lease terms and tenant improvement allowances are offered. The property is zoned LC (City of Mesa) and its APN is 137-19-688A. This turnkey second-generation restaurant space presents a unique opportunity for businesses seeking high visibility and strong demographics. Ideal for a variety of uses, including restaurants, coffee shops, and other retail concepts.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.824
    Latitude
    33.4344
    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
    $10,805
    $0.00
    $0.00
    $160,050
    -
    $464,600
    $505,400
    $970,000

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    323 Brown Rd
    Mesa, AZ 85201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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