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Property profile & analytics
OFF-MARKET
Estimated value
$9,930,000
Motels
5440 Main St Mesa, AZ 85205-8716
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US07-0930462
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Construction
CONCRETE
Total area
11,570 SF
Lot
1.28 ac (55,633 SF)
Zoning code
LC
APN
141-77-052D
UPID
US07-0930462
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
-
Colonade Motel Hotel & Motel
-
SMP Scalp Micropigmentation Mesa Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.93M
Blend (final)
Blend
$9.93M
Owner & transaction history
Cmd Assets LLC · 13 yrs held
Cmd Assets LLC
since 2013
7 recorded transactions
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.4M
+1.6%
Restaurant
$7.4M
+1.3%
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
HOTEL/MOTEL
$7,305,000
Current use
COMMERCIAL (GENERAL)
$7,425,000
Change: +2% · Conversion: Difficult
RESTAURANT
$7,405,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$9.93M
Range $8.94M – $10.92M · ±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
$858 / 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
$34,269
Tax year 2023
Assessed value
$388,169
Assessed 2024
Previous assessed
$349,163
+11.2% YoY
Effective rate
8.83%
On assessed value
Land market value
$342,200
Improvement market value
$2,010,340
Total market value
$2,352,540
Applied tax rate
41,012.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
2
Units
3
Total area
11,570 SF
Lot
1.28 ac (55,633 SF)
Zoning code
LC
APN
141-77-052D
UPID
US07-0930462
Jurisdiction
MARICOPA
Zoning & alternative use
LC · Mesa, AZ
Zoning LC · permitted uses
LC · 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
HOTEL/MOTEL Current
Est. value
$7.3M
COMMERCIAL (GENERAL)
Est. value
$7.4M
RESTAURANT
Est. value
$7.4M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2
Buildings
3
Units
3
Lot
1.28 ac
Current owner
From public records · entity-resolved
Cmd Assets LLC
Entity
Mailing address
6040 E MAIN ST #466, MESA, AZ 85205-8928
Ownership since
2013
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 25, 2013
—
Cmd Assets LLC
Djordjevich,milivoje & Milomirka
Grant Deed
—
Jan 28, 1998
$300,000
Joseph Vucic
Vucic,josip & Irene
Grant Deed
related
$600,000 · Seller
Sep 22, 1993
$1,375,000
Milivoje Djordjevich
Illinois Mutual
Grant Deed
$1,150,000 · Seller Carry Back
Mar 1, 1993
$1,300,000
Mutual Life Illinois
Charles E O'cair
Grant Deed
—
Sep 25, 1991
—
Hometrend Financ
Hometrend INC
Quit Claim Deed
related
—
Jan 11, 1991
$1,751,608
Hometrend INC
Sifferman
Grant Deed
$1,726,608 · Seller
Oct 15, 1987
$200,000
Thoma Siffermann
Ocair
Grant Deed
$1,792,199
—
—
Cmd Assets LLC
—
Deed Of Trust
related
$1,243,334 · Thomas Karacic
—
—
Milivoje Djordjevich
—
Deed Of Trust
related
$1,400,000 · Estancia Apartments LLC
—
—
Milivoje Djordjevich
—
Deed Of Trust
related
$1,600,000 · Estancia Apartments LLC
—
—
Milivoje Djordjevich
—
Deed Of Trust
related
$1,050,000 · National Bank Arizona
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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