Financial
Distress signals
Property profile

3651 East Southern Ave Mesa, AZ 85206

FOR SALE
Other commercial real estate
Property ID
US07-1689557
0.46 ac lot Built 1988
Last sale May 2025 · $10,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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3651 East Southern Ave, Mesa, AZ 85206 For Sale
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3651 East Southern Ave, Mesa, AZ 85206
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Property summary

AI-generated overview

The property consists of a retail center with retail space sized from approximately 1,245 square feet, along with three separate pad sites designed for ground lease and/or build-to-suit development. It includes monument signage for tenant branding and visibility and provides access to a large coworking component totaling approximately 59,418 square feet (Regus). The site is positioned at a major intersection and is located about one-half mile north of Interstate 60, with surrounding

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$27k
Effective rate8.26%

Value estimate

· Sep 2026
$8.14M
$7.33M – $8.95M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$642/SF
Submarket average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$158 – $1,152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LC
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding re...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store15.9
Daycare Center14.5
Convenience Store14.2

Location

3651 East Southern Ave Mesa, AZ 85206
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3850 Baseline, Mesa, AZ 85206-4402 $4,258,650 May 2025 No data
3737 Southern, Mesa, AZ 85206-2558 $10,000,000 May 2025 No data
251 Power, Mesa, AZ 85206-5214 $1,775,000 May 2025 No data
5138 Southern, Mesa, AZ 85206-2774 $7,500,000 Nov 2024 No data
5625 Baseline, Mesa, AZ 85206-4714 $1,285,000 Aug 2023 No data
5649 Baseline, Mesa, AZ 85206-4714 $1,285,000 Aug 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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