Technical
Financial
Distress signals
Property profile

5151 Mckellips Rd Mesa, AZ 85215

OFF-MARKET
Grocery and convenience stores
Property ID
US07-0164581
3,360 SF 1.15 ac lot Built 1999
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1999
Construction STEEL FRAME
Total area 3,360 SF
Lot 1.15 ac (50,093 SF)
Zoning code LI
APN 141-35-016A
UPID US07-0164581

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Auto Repair Shop
  • Grocery & Convenience Store

Location

5151 Mckellips Rd Mesa, AZ 85215-2530
Mesa metro Census 420215 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$3.00M

Owner & transaction history

since 2005
4 recorded transactions
2021
Price N/A
2005
$3.0M
1999
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Mesa, AZ
Zoning description

mbers in this column refer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-7-3: Development Standards - Employment Districts Standard PEP…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $2.2M +106.0%
Auto repair, garage $1.5M +41.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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