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Property profile

5215 Southern Ave Mesa, AZ 85206

OFF-MARKET
Medical Office Space
Property ID
US07-0599321
View Sample
9,492 SF 0.99 ac lot Built 2021
Individually Owned ~ Est. High Equity

Property summary

AI-generated overview

This exceptional newly constructed freestanding building presents a unique investment opportunity for medical or dental professionals. Situated on a 0.99-acre lot at 5215 E Southern Avenue in Mesa, Arizona, this property offers unparalleled convenience and accessibility. The building's design is ideally suited for a variety of medical or dental uses, providing ample space for patient care and administrative functions. Its strategic location offers significant advantages, placing it within close proximity to a thriving commercial corridor. The property benefits from its proximity to established businesses and retail centers, including the well-known Superstition Springs Center and Greenfield Gateway Center, ensuring high visibility and convenient access for patients and staff. Furthermore, its location near Banner Gateway Medical Center enhances its appeal within the medical community. This prime location offers excellent potential for attracting a substantial patient base and building a successful practice. The property's modern construction and strategic placement make it an exceptional investment opportunity in a rapidly growing area. This is a rare chance to acquire a high-quality, purpose-built facility in a desirable location with strong potential for long-term growth and profitability. The asking price is $4,697,550. Serious inquiries are encouraged. The square footage will be provided upon request.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2021
Total area 9,492 SF
Lot 0.99 ac (42,930 SF)
Zoning code C-G
APN 141-53-884
UPID US07-0599321

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
  • Dental Office
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.25M
Blend (final) Blend
$790k

Owner & transaction history

since 2025
Last sale
$4.2M
6 recorded transactions
2025
$4.2M
2020
Price N/A
2019
$750,000
2014
$515,160
2010
$600,000
2006
Price N/A

Zoning & alternative use

C-G · Mesa, AZ
Top alternative use upside
Commercial (general) $6.1M +171.1%
Restaurant $6.1M +170.4%
Auto repair, garage $4.2M +86.2%

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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