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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Warehouses
4838 Baseline Rd Ste 104 Mesa, AZ 85206-4672
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0714432
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
CONCRETE
Total area
18,466 SF
Lot
0.07 ac (3,231 SF)
Zoning code
PEP
APN
140-68-115
UPID
US07-0714432
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
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.54M
Owner & transaction history
Verve Chiropractic Group Ltd · 16 yrs held
Verve Chiropractic Group Ltd
since 2009
7 recorded transactions
Zoning & alternative use
PEP · 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
$1.54M
Range $1.39M – $1.69M · ±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
$83 / 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
$4,851
Tax year 2023
Assessed value
$96,575
Assessed 2024
Previous assessed
$76,840
+25.7% YoY
Effective rate
5.02%
On assessed value
Land market value
$117,000
Improvement market value
$468,300
Total market value
$585,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
18,466 SF
Lot
0.07 ac (3,231 SF)
Zoning code
PEP
APN
140-68-115
UPID
US07-0714432
Jurisdiction
MARICOPA
Zoning & alternative use
PEP · Mesa, AZ
Zoning PEP · permitted uses
PEP · 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
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Verve Chiropractic Group Ltd
Entity
Free & Clear · 16 yrs held
Mailing address
3651 E BASELINE RD STE #103, GILBERT, AZ 85234-2690
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2009
—
Verve Chiropractic Group Ltd
Grey C Investments LLC
Quit Claim Deed
related
—
Aug 7, 2009
—
Grey C Investments LLC
Verve Chiropractic Group Ltd
Quit Claim Deed
related
—
Nov 20, 2008
$477,621
Zions First Natl Bk
Gillespie Margaret A
Trustees Deed
related
—
Oct 28, 2008
$482,000
Valley Capital Bank NA
Gateway Office Suites LLC
Deed In Lieu Of Foreclosure
related
—
Mar 23, 2007
$460,090
E & J Holdings LLC
Pierpont Commerce Partners LLC
Grant Deed
$800,000 · Compass Bank
Jan 23, 2007
$497,465
Theodore A Carranza
Pierpont Commerce Center LLC
Grant Deed
$560,000 · Wells Fargo Bank
Dec 15, 2006
$409,334
Gateway Office Suites LLC
Pierpont Commerce Center LLC
Grant Deed
$488,800 · Premier Com'l Bk Arizona NA
Nov 30, 2006
$347,060
William R Welch
Pierpont Commerce Center LLC
Grant Deed
$313,229 · Welch Jack & M Living Tr (tr)
Nov 29, 2006
$354,896
Afc Investments LLC
Pierpont Commerce Center LLC
Grant Deed
$408,000 · Union Bank
Nov 29, 2006
$340,000
Pierpont Properties LLC
Pierpont Commerce Center LLC
Grant Deed
related
$1,202,000 · Sonoma National Bank
Nov 28, 2006
$492,480
Pediatric Medical Assocs PC
Pierpont Commerce Center LLC
Grant Deed
$952,525 · Bank Of America
Nov 28, 2006
$630,045
Pediatric Medical Assocs PC
Pierpont Commerce Center LLC
Grant Deed
—
Nov 27, 2006
$538,508
Whh Hom LLC
Pierpont Commerce Center LLC
Grant Deed
—
Nov 22, 2006
$1,811,744
Lm2 LLC
Pierpont Commerce Center LLC
Grant Deed
$2,284,000 · Bank Of America
Nov 21, 2006
$443,880
Klein Holdings LLC
Pierpont Commerce Center LLC
Grant Deed
related
$304,919 · First FCU
Nov 20, 2006
$469,995
Mark W Anderson
Pierpont Commerce Center LLC
Grant Deed
$972,500 · Cit Small Business Lending Co
—
—
Afc Investments LLC
—
Deed Of Trust
related
$12,000 · Union Bank
—
—
Verve Chiropractic Group Ltd
—
Deed Of Trust
related
$400,000 · Lt Family Trust (tr)
—
—
Verve Chiropractic Group Ltd
—
Deed Of Trust
related
$339,470 · Meridian Bank
—
—
E & J Holdings LLC
—
Deed Of Trust
related
$360,000 · Compass Bank
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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