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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
435 Harris Dr Mesa, AZ 85203-7303
Entity Owned
~
Est. High Equity
Property ID
US07-2271321
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
CONCRETE
Total area
1,613 SF
Lot
0.24 ac (10,323 SF)
Zoning code
LC
APN
137-01-001S
UPID
US07-2271321
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
-
Brighton Publishing LLC Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$460k
Blend (final)
Blend
$550k
Owner & transaction history
El Holding LLC
El Holding LLC
since 2025
Last sale
$657,000
7 recorded transactions
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$710,000
+139.0%
Neighborhood: shopping center
$500,000
+68.9%
Retail stores
$425,000
+42.2%
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
$605,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$490,000
6.5%
$455,000
7%
$420,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$710,000
Change: +139% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$500,000
Change: +69% · Conversion: Difficult
RETAIL STORES
$425,000
Change: +42% · Conversion: Moderate
MEDICAL BUILDING
$420,000
Change: +42% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $657k (Dec 26 2025)
Last sale anchor
$657k
Dec 26 2025
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
$341 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,864
Tax year 2022
Assessed value
$71,214
Assessed 2024
Previous assessed
$59,891
+18.9% YoY
Effective rate
5.43%
On assessed value
Land market value
$131,100
Improvement market value
$300,500
Total market value
$431,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
1,613 SF
Lot
0.24 ac (10,323 SF)
Zoning code
LC
APN
137-01-001S
UPID
US07-2271321
Jurisdiction
MARICOPA
Zoning & alternative use
LC · Mesa, AZ
Zoning LC · permitted uses
LC · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$710,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$500,000
RETAIL STORES
Est. value
$425,000
MEDICAL BUILDING
Est. value
$420,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
El Holding LLC
Entity
Mailing address
355 S BALBOA DR, GILBERT, AZ 85296-9433
Ownership since
2025
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
Dec 26, 2025
$657,000
El Holding LLC
Holly Investments LLC
Special Warranty Deed
$607,000 · City National Bank
Jun 24, 2025
$600,000
Holly Investments LLC
Wayne Decker PC
Special Warranty Deed
—
May 13, 2025
$430,000
Wayne Decker PC
Lore Enterprises LLC
Warranty Deed
—
Nov 8, 2022
—
Lore Enterprises LLC
Brighton Publishing LLC
Special Warranty Deed
—
Jul 6, 2021
—
Brighton Publishing LLC
Donald D Mcguire
Special Warranty Deed
—
Jun 18, 2018
—
Donald D Mcguire
Mcguire,katherine J
Quit Claim Deed
related
—
Apr 26, 2013
$256,000
Katherine J Mcguire
Lamberto,luigi F
Grant Deed
$206,000 · Luigi F Lamberto
Mar 15, 2013
—
Luigi F Lamberto
Lamberto,sara J
Quit Claim Deed
related
—
Aug 17, 2007
$215,000
Luigi F Lamberto
Samuelian,sandra C
Warranty Deed
$183,000 · Sunrise Bank Of Arizona
Jun 30, 2005
$319,000
Sandra C Samuelian
Pinto,john P
Warranty Deed
—
Mar 29, 2001
$185,000
John P Pinto
Ayala Properties INC
Grant Deed
—
Aug 17, 2000
$165,000
Ayala Properties INC
Gamma Trust
Grant Deed
—
Nov 6, 1995
$130,000
Gamma Family Trust
John Woudenberg
Grant Deed
$90,000 · Seller
Nov 4, 1987
$125,000
John Woudenberg
—
Grant Deed
related
—
—
—
John P Pinto
—
Deed Of Trust
related
$260,000 · John P Pinto
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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