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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Car washes
5020 Main St Mesa, AZ 85205-8013
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US07-3310058
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1986
Construction
CONCRETE
Total area
1,950 SF
Lot
1.1 ac (47,747 SF)
Zoning code
GC
APN
140-17-009
UPID
US07-3310058
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
-
Francis & Sons Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.33M
Owner & transaction history
Fns Ventures II LLC · 15 yrs held
Fns Ventures II LLC
since 2011
7 recorded transactions
Zoning & alternative use
GC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+45.6%
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
AUTO REPAIR, GARAGE
$860,000
Current use
COMMERCIAL (GENERAL)
$1,250,000
Change: +46% · Conversion: Moderate
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$679 / 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
$11,214
Tax year 2023
Assessed value
$162,233
Assessed 2024
Previous assessed
$142,834
+13.6% YoY
Effective rate
6.91%
On assessed value
Land market value
$461,200
Improvement market value
$522,030
Total market value
$983,230
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,950 SF
Lot
1.1 ac (47,747 SF)
Zoning code
GC
APN
140-17-009
UPID
US07-3310058
Jurisdiction
MARICOPA
Zoning & alternative use
GC · Mesa, AZ
Zoning GC · permitted uses
GC · 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
AUTO REPAIR, GARAGE Current
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
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
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Fns Ventures II LLC
Entity
Mailing address
2845 E REDFIELD RD, SCOTTSDALE, AZ 85260
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2017
—
Fns Ventures II LLC
—
Deed
related
$6,300,000 · Western Alliance Bank
Jun 21, 2017
—
Fns Ventues II LLC
—
Deed
related
$6,300,000 · Western Alliance Bank
Apr 28, 2011
$900,000
Fns Ventures II LLC
Zions First National Bank
Corporation Deed
$800,000 · Republicbankaz NA
Nov 30, 2010
$1,547,789
Zions First Natl Bk
Gillespie,margaret A
Trustees Deed
related
—
Jun 27, 2008
$3,200,000
Main Street Car Wash LLC
Tce Main Street LLC
Grant Deed
$1,773,000 · Zions First National Bank
May 17, 2007
$3,110,000
Tce Main Street LLC
Mace Car Wash INC
Special Warranty Deed
$2,765,000 · Blx Capital LLC
Oct 29, 1999
$750,000
Mace Car Wash INC
Millennia Car Wash LLC
Grant Deed
—
Jun 16, 1998
$450,000
Millennia Car Wash LLC
Desert Mountain Holding INC
Grant Deed
—
Apr 15, 1994
$600,000
Desert Mountain Holdings INC
Nam
Grant Deed
related
—
Jul 11, 1991
$900,000
Kuen W Nam
American Carwash
Grant Deed
$725,000 · Zions First National Bank
Dec 30, 1988
—
Sparkle Auto Was
Unknown
Grant Deed
related
—
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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