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    Property profile & analytics

    535 Dobson Rd Mesa, AZ 85202-1834

    • Strip malls
    • 18,000 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    $3,595,000
    Last Sale
    Mar 17, 2022
    $3,700,000
    Location Intelligence
    Property ID
    US07-1154399
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • AMES Tools / Dry Wall Supply Store
    • ATM / Atm
    • Spin City Coin Laundry / Laundromat
    • Biomat USA / Blood Bank

    Property Details for 535 Dobson Rd

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    1.53 lot acres
    Property size
    18,000 SF
    Zone code
    LC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    134-30-001V
    APU
    13430001V

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,155,000
      6.5%
      $3,445,000
      7%
      $3,895,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,565,000
      Geo Method
      $4,185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,535,000
      Retail
      $3,690,000
      Mixed-Use
      $3,485,000
      Hospitality
      $3,255,000
      Educational
      $3,580,000
      Residential Income
      $4,295,000
      Energy
      $4,095,000
      Income-Based Land
      $3,850,000
      Food Service
      $3,845,000

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.874
    Latitude
    33.4048
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,341
    $0.00
    $0.00
    $370,755
    -
    $901,500
    $1,345,500
    $2,247,000

    Comparable in this City

    • Value Estimation by Request
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      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      1960 Baseline Rd, Mesa, AZ 85202-9017
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    • Value Estimation by Request
      16,200 SF

      1840 Southern Ave

      SHOPPING CENTER, STRIP CENTER • 16,200 SF
      1840 Southern Ave, Mesa, AZ 85202-4835
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    • Value Estimation by Request
      20,928 SF

      111 Dobson Rd

      SHOPPING CENTER, STRIP CENTER • 20,928 SF
      111 Dobson Rd, Mesa, AZ 85202-1089
      View Details
    • Value Estimation by Request
      6,000 SF

      1309 Guadalupe Rd

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      1309 Guadalupe Rd, Mesa, AZ 85202-9112
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    • Value Estimation by Request
      11,808 SF

      1245 Baseline Rd

      SHOPPING CENTER, STRIP CENTER • 11,808 SF
      1245 Baseline Rd, Mesa, AZ 85202-5824
      View Details
    • Value Estimation by Request
      22,736 SF

      1457 Southern Ave, Unit D2

      SHOPPING CENTER, STRIP CENTER • 22,736 SF
      1457 Southern Ave, Mesa, AZ 85202-4813
      View Details

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      Retail building for sale, lease, or ground lease in Mesa.
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      Medical school facility with long-term tenant and growth potential.
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      Retail space in Mesa, Arizona with high traffic and visibility.
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    • Contact for pricing
      1,125 SF

      Retail Space in Mesa Center

      Multiple shops available in a busy Mesa, Arizona location.
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      View Details
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    535 Dobson Rd
    Mesa, AZ 85202-1834
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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