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Property profile & analytics
OFF-MARKET
Parking lots & garages
426 99th Pl Mesa, AZ 85208-2562
Individually Owned
2-yr Hold
Property ID
US07-1914507
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1970
Construction
STEEL FRAME
Total area
240 SF
Lot
0.15 ac (6,338 SF)
Zoning code
R-5
APN
220-70-161
UPID
US07-1914507
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
Francisco Alvarado · 2 yrs held
Francisco Alvarado
since 2024
Last sale
$309,000
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
$581
Tax year 2023
Assessed value
$11,843
Assessed 2024
Previous assessed
$11,843
+0.0% YoY
Effective rate
4.91%
On assessed value
Land market value
$77,400
Improvement market value
$41,030
Total market value
$118,430
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
1970
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
240 SF
Lot
0.15 ac (6,338 SF)
Zoning code
R-5
APN
220-70-161
UPID
US07-1914507
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
1970
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Francisco Alvarado
Individual
Mailing address
426 S 99TH PL, MESA, AZ 85208-2562
Mailing matches property
Yes
Owner-occupied
Yes
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
Apr 11, 2024
$309,000
Francisco Alvarado
Main Street Mobiles LLC
Warranty Deed
$303,403 · Waterstone Mortgage Corp
Nov 14, 2023
$187,000
Main Street Mobiles LLC
Brian J Fulghum
Warranty Deed
$149,000 · Clear Choice Fund
Jul 15, 2020
$140,000
Brian J Fulghum
Michael Wilson
Warranty Deed
$140,000 · Michael & Mary Wilson
Nov 23, 2015
$75,000
Michael L Wilson
Washington Federal
Grant Deed
—
Sep 14, 2015
$88,085
Washington Fedl
Folks Larry O|alger,rose E & Charles D
Trustees Deed
related
—
Mar 14, 2006
$105,000
Charles Douglas Alger
Roy Boyd
Warranty Deed
$94,500 · Washington Federal Savings
Apr 8, 2005
$35,000
Roy Boyd
Brinkley,alden D & Checi D
Warranty Deed
—
Sep 11, 2000
$33,000
Alden D Brinkley
Hicks,jim
Grant Deed
$33,000 · Seller
Sep 7, 2000
$31,000
James A Hicks
Vohs,gary M
Grant Deed
—
Feb 7, 1997
$27,000
Gary M Vohs
Lockard Family Trust
Grant Deed
$22,000 · Seller
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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