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Property profile & analytics
OFF-MARKET Estimated value $9,195,000
Strip malls

3617 Southern Ave Mesa, AZ 85206-2500

15,397 SF 7.86 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-2296646
Property summary
AI-generated overview

Val Vista Crossing, located at 3617 E Southern Ave, Mesa, AZ 85206, presents a compelling retail investment opportunity. This well-situated strip center boasts a total building area of 137,241 square feet and sits on a substantial 483,639 square foot lot in Maricopa County. The property is conveniently located off US-60 at Val Vista Drive, ensuring high visibility and accessibility for potential tenants and customers. Currently, there are multiple spaces available, with the minimum divisible space measuring 1,245 square feet and larger spaces available up to 19,960 square feet. A total of 2,873 square feet is currently vacant, offering immediate opportunities for lease income generation. The property's strategic location and flexible space options make it ideal for a variety of retail businesses. This is a rare chance to acquire a well-established retail center in a thriving Arizona market. The property's size and location provide significant potential for long-term growth and return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction CONCRETE
Total area 15,397 SF
Lot 7.86 ac (342,423 SF)
Zoning code LC
APN 140-57-345A
UPID US07-2296646
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
  • Arizona Contractor License Center Vocational School Training Center
  • Friends In Style Hair Salon
  • NEW LIFE CHRISTIAN FELLOWSHIPS INTERNATIONAL Church Mosque
  • Gyro House Mesa Restaurant
  • Permanent Record Ink Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.28M
Blend (final) Blend
$9.20M
Owner & transaction history
Vvcaz LLC · 1 yrs held
Vvcaz LLC
since 2025
Last sale
$10.0M
4 recorded transactions
2026
Price N/A
2025
$10.0M
2020
Price N/A
1969
Price N/A
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $9.9M +106.0%
Restaurant $9.9M +105.5%
Auto repair, garage $6.8M +41.5%
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