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Property profile & analytics
OFF-MARKET
Estimated value
$20,735,000
Motels
455 Baseline Rd Mesa, AZ 85210-6006
Entity Owned
22-yr Hold
Free & Clear
Property ID
US07-0879460
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Construction
STEEL FRAME
Total area
42,939 SF
Lot
2.2 ac (95,919 SF)
Zoning code
I-1
APN
302-04-006P
UPID
US07-0879460
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
-
Extended Stay America - Phoenix - Mesa Hotel & Motel Vacation Rental
-
Lovingoods BBQ Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.74M
Blend (final)
Blend
$20.74M
Owner & transaction history
Bre & Esa Properties LLC · 22 yrs held
Bre & Esa Properties LLC
since 2004
6 recorded transactions
Zoning & alternative use
I-1 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$27.6M
+1.6%
Restaurant
$27.5M
+1.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$27,120,000
Current use
COMMERCIAL (GENERAL)
$27,555,000
Change: +2% · Conversion: Difficult
RESTAURANT
$27,485,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$20.74M
Range $18.66M – $22.81M · ±10%
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
$483 / 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
$60,957
Tax year 2023
Assessed value
$810,668
Assessed 2024
Previous assessed
$692,580
+17.1% YoY
Effective rate
7.52%
On assessed value
Land market value
$1,161,000
Improvement market value
$3,752,142
Total market value
$4,913,142
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
42,939 SF
Lot
2.2 ac (95,919 SF)
Zoning code
I-1
APN
302-04-006P
UPID
US07-0879460
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Mesa, AZ
Zoning I-1 · permitted uses
I-1 · 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
HOTEL/MOTEL Current
Est. value
$27.1M
COMMERCIAL (GENERAL)
Est. value
$27.6M
RESTAURANT
Est. value
$27.5M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1997
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
2.2 ac
Current owner
From public records · entity-resolved
Bre & Esa Properties LLC
Entity
Free & Clear · 22 yrs held
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Esa P Portfolio LLC
—
Deed
related
—
Jun 30, 2021
—
Esa Portfolio LLC
—
Deed
related
—
Dec 11, 2012
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
Oct 15, 2010
—
Esa Prorperties LLC
—
Deed Of Trust
related
$2,000,000,000 · J P Morgan Chase Bank
May 27, 2004
—
Bre & Esa Properties LLC
Esa Arizona INC
Quit Claim Deed
related
—
May 30, 1997
$700,000
Esa 0317 INC
H Dobson
Grant Deed
—
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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