Financial
Distress signals
Property profile

460 N Mesa Dr Mesa, AZ 85201

FOR SALE
Office buildings
Property ID
US07-1079650
53,135 SF 3.38 ac lot Built 1973
Last sale Sep 2017 · $4,550,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional two-story office building, constructed in 1972, offers 53,135 square feet of prime commercial space in the desirable East Valley Mesa submarket of Maricopa County. The property is zoned LC and currently features four suites, with a total of 13,685 square feet currently vacant. This presents a unique opportunity for businesses seeking flexible office solutions. Individual suites range from a minimum of 543 square feet to a maximum contiguous space of 7,524 square feet,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$46k
Tax billed · 2023
Assessed value · 2024$818k
Effective rate5.57%

Value estimate

· Sep 2026
$5.10M
$4.59M – $5.61M
Sales comparison$6.65M
NOI build-up
Gross scheduled income$1.18M
Vacancy & credit loss−$224k
Operating expenses−$239k
NOI · 15.92% cap applied$717k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$96 – $356
Qualifying comparables5

Cap rate analysis

How does the asset earn?
15.92%
$717k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Store13.5
Building Supply13.3
Storage Facility10.9

Location

460 N Mesa Dr Mesa, AZ 85201
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 University, Mesa, AZ 85201-5830 $1,890,000 Jan 2026 8,889 SF
163 Dobson, Mesa, AZ 85201-6066 $7,200,000 Dec 2025 24,000 SF
840 University, Mesa, AZ 85201-5529 $1,150,000 Jan 2025 6,989 SF
736 Country Clb, Mesa, AZ 85201-4936 $675,000 Apr 2024 10,517 SF
1 Main, Mesa, AZ 85201-7307 $2,000,000 Oct 2023 6,433 SF
40 Brown, Mesa, AZ 85201-3400 $1,400,000 Jul 2023 6,026 SF
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message