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Property profile & analytics
OFF-MARKET
Estimated value
$4,690,000
Flex space
545 Broadway Rd Mesa, AZ 85210-1259
Entity Owned
27-yr Hold
Free & Clear
Property ID
US07-0381160
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Construction
CONCRETE
Total area
15,760 SF
Lot
0.9 ac (39,111 SF)
Zoning code
GC
APN
134-09-005
UPID
US07-0381160
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
-
Burd Tile and Stone Showroom General Contractor Renovation Specialist
-
Counterworx Hardware & Home Improvement Interior Design
-
Epic Events 360 Photo Booth Rental Photography Service Party Supply Store
-
Angieface Healing & Esthetics Spa & Massage Center
-
NECC Motorsports LLC Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.69M
Blend (final)
Blend
$4.69M
Owner & transaction history
Broadway Country Club LLC · 27 yrs held
Broadway Country Club LLC
since 1999
7 recorded transactions
Zoning & alternative use
GC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+109.2%
Neighborhood: shopping center
$4.9M
+47.9%
Office building
$4.7M
+42.7%
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
INDUSTRIAL (GENERAL)
$3,320,000
Current use
AUTO REPAIR, GARAGE
$6,945,000
Change: +109% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,910,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$4,735,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$4,130,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$4,060,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$4.69M
Range $4.22M – $5.16M · ±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
$298 / 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
$18,844
Tax year 2023
Assessed value
$458,156
Assessed 2024
Previous assessed
$323,119
+41.8% YoY
Effective rate
4.11%
On assessed value
Land market value
$539,200
Improvement market value
$2,237,500
Total market value
$2,776,700
Applied tax rate
41,000.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
6
Stories
1
Units
6
Total area
15,760 SF
Lot
0.9 ac (39,111 SF)
Zoning code
GC
APN
134-09-005
UPID
US07-0381160
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$6.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$4.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1978
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Units
6
Lot
0.9 ac
Current owner
From public records · entity-resolved
Broadway Country Club LLC
Entity
Free & Clear · 27 yrs held
Mailing address
6767 MAIN ST, WILLIAMSVILLE, NY 14221-5948
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 1999
—
Broadway Country Club LLC
Preissman,margaret
Quit Claim Deed
related
—
May 18, 1999
$1,308,000
Sovran Acquisition LP
Broadway Country Club LLC
Trustees Deed
—
Feb 22, 1995
$540,000
Country Club L L C Broadway
Preissman
Grant Deed
—
Jan 14, 1993
$540,000
Ronald S Preissman
Swanson
Grant Deed
—
Aug 24, 1990
$595,000
Storage Broadway
Broadway Mini St
Grant Deed
related
—
Jun 21, 1990
$595,000
Mini St Broadway
Nocifera
Grant Deed
—
Apr 21, 1988
$100,000
Sam Nocifera
—
Deed Of Trust
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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