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Property profile & analytics
OFF-MARKET
Estimated value
$4,275,000
Turn key restaurants
4815 Main St, Mesa, AZ 85205-8002
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-3375634
Property summary
AI-generated overview
Main Street Plaza, located at 4815 E Main St, Mesa, AZ 85205, presents a compelling investment opportunity in the thriving Red Mountain/Mesa Ret submarket. This multi-tenant commercial property boasts a total of 31,888 square feet, with 4,336 square feet currently available for lease. The property is zoned C-2 by the City of Mesa and sits on a generous 2.34-acre lot (APN: 140-34-862B, Maricopa County). Ideal for retail or restaurant use, this space offers significant potential for businesses seeking high visibility and accessibility. The property's location on Main Street ensures excellent exposure to a large volume of daily traffic. The available 4,336 square feet provides ample room for a variety of business concepts. This is a rare opportunity to secure a prominent location in a dynamic and growing area of Mesa, Arizona. The property's size and zoning provide flexibility for a range of uses, making it an attractive option for both established businesses and new ventures. Interested parties are encouraged to explore the possibilities this exceptional property offers. Contact us today to learn more about leasing options and to schedule a viewing.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Construction
STEEL FRAME
Total area
3,614 SF
Lot
2.38 ac (103,838 SF)
Zoning code
LC
APN
140-34-862B
UPID
US07-3375634
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
-
THE CBD STORE MESA Alternative Medicine Practice
-
The Tree for Life (Bike/Boat/Book/etc) Store Pharmacy
-
CoinFlip Bitcoin ATM Money Transfer Service Atm
-
Main Street Plaza Shopping Center & Mall
-
transafrican food store African Goods Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.28M
Blend (final)
Blend
$4.28M
Owner & transaction history
C & K Investment Group LLC · 7 yrs held
C & K Investment Group LLC
since 2018
7 recorded transactions
Zoning & alternative use
LC · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.28M
Range $3.85M – $4.70M · ±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
$1,183 / 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
$32,668
Tax year 2023
Assessed value
$675,458
Assessed 2024
Previous assessed
$569,670
+18.6% YoY
Effective rate
4.84%
On assessed value
Land market value
$883,000
Improvement market value
$3,210,687
Total market value
$4,093,687
Applied tax rate
41,003.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
3,614 SF
Lot
2.38 ac (103,838 SF)
Zoning code
LC
APN
140-34-862B
UPID
US07-3375634
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.
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
2.38 ac
Current owner
From public records · entity-resolved
C & K Investment Group LLC
Entity
Mailing address
3460 WILSHIRE BLVD STE #1216, LOS ANGELES, CA 90010-2231
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2018
$2,500,000
C & K Investment Group LLC
Main Street Property L L C
Warranty Deed
$1,500,000 · Unify Financial FCU
Jan 16, 2007
$3,250,000
Main Street Plaza Property LLC
Silver Investments LLC
Grant Deed
$2,000,000 · Centennial Bank
Jan 16, 2007
—
Silver Investments LLC
Silver Invs Main Street LLC
Quit Claim Deed
related
—
Nov 29, 2006
—
Silver Invs Main Street LLC
Main Properties
Quit Claim Deed
related
—
Aug 15, 1997
$487,500
Properties L P Main
Robert Bates
Grant Deed
$1,300,000 · Catalina Mortgage Co
Jul 29, 1993
$750,000
Harkim Lot Exchange Trust
West Coast Acqui
Trustees Deed
—
Jul 29, 1993
—
Bates,robert & Beverlee
Harkim Road Lot
Trustees Deed
related
—
Jul 17, 1992
$1,100,000
West Coast Acquisition Partners
Valtingojer
Trustees Deed
$454,032,155 · Ge Capital Mortgage Service
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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