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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Flex space
441 Robson Ste 107 Mesa, AZ 85210-2449
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-3351483
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Construction
STEEL FRAME
Total area
7,760 SF
Lot
0.19 ac (8,275 SF)
Zoning code
GI
APN
139-39-132
UPID
US07-3351483
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
$1.19M
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.19M
Owner & transaction history
441 Robson Hangar LLC · 1 yrs held
441 Robson Hangar LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
GI · 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
Method
Estimation
Statistic approach
$720,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,285,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,635,000
Current use
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10% · vs last sale $1.16M (Aug 15 2024)
Last sale anchor
$1.16M
Aug 15 2024
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
$153 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,713
Tax year 2023
Assessed value
$128,139
Assessed 2024
Previous assessed
$114,444
+12.0% YoY
Effective rate
3.68%
On assessed value
Land market value
$155,300
Improvement market value
$621,300
Total market value
$776,600
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
7,760 SF
Lot
0.19 ac (8,275 SF)
Zoning code
GI
APN
139-39-132
UPID
US07-3351483
Jurisdiction
MARICOPA
Zoning & alternative use
GI · Mesa, AZ
Zoning GI · permitted uses
GI · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
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
1979
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
441 Robson Hangar LLC
Entity
Mailing address
441 S ROBSON STE #101, MESA, AZ 85210-2449
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
Nov 15, 2024
$1,155,000
441 Robson Hangar LLC
Dtn Holdings
Warranty Deed
—
Sep 30, 2021
$752,500
Dtn Holdings LLC
Themers LLC
Warranty Deed
$652,500 · New Markets Investments 116 LLC
Nov 17, 2017
—
Themers LLC
—
Deed
related
$303,863 · Midfirst Bank
Jan 11, 2013
—
Themers LLC
Wulfert Family Trust
Warranty Deed
$120,000 · American Savings Life Ins
Dec 20, 2005
$460,000
Wulfert Family Trust
United Ornamental Iron INC
Grant Deed
—
Jun 23, 1993
$174,000
United Ornamental Iron
Dcsj L P
Grant Deed
$159,000 · Seller Carry Back
—
—
United Ornamental Iron
—
Deed Of Trust
related
$137,495 · Community Bank NA
—
—
United Ornamental Iron INC
—
Deed Of Trust
related
$75,000 · Sunrise Bank Of Arizona
—
—
United Ornamental Iron INC
—
Deed Of Trust
related
$100,000 · Sunrise Bank Arizona
—
—
United Ornamental Iron INC
—
Deed Of Trust
related
$250,000 · Sunrise Bank Of Arizona
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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