Property profile

55 E Southern Ave Mesa, AZ 85210

FOR LEASE
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Property ID
US07-3473128
3,940 SF 0.3 ac Built 1986
Last sale Oct 2023·$1,135,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A recently updated commercial property located at 55 E Southern Ave, Mesa, Arizona 85210.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2024$117k
Effective rate5.38%

Value estimate

· Nov 2026
$1.08M
$972k – $1.19M
CAP approach$735k
Submarket $/SF estimate$1.02M
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$5k
Operating expenses−$22k
NOI$51k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$195/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$95 – $281
Qualifying comparables8

Cap rate analysis

How does the asset earn?
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GI
To provide areas for manufacturing, processing, assembly, research, wholesale, and storage, and similar activities that require separatio...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.6
Pharmacy18.6
Restaurant16.3

Location

55 E Southern Ave Mesa, AZ 85210
County assessor Recorded deeds · 7 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1134 Ctr, Mesa, AZ 85210-3604 $900,000 Feb 2024 3,200 SF
301 Westwood, Mesa, AZ 85210-8433 $800,000 Feb 2024 4,800 SF
414 Grand, Mesa, AZ 85210-2426 $1,100,000 Jun 2023 4,000 SF
227 10th, Mesa, AZ 85210-8707 $840,000 Jun 2023 4,000 SF
1144 Birchwood, Mesa, AZ 85210-8408 $550,000 Apr 2023 6,400 SF
42 Macdonald, Mesa, AZ 85210-1326 $335,000 Mar 2023 2,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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