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Property profile & analytics
OFF-MARKET
Estimated value
$15,750,000
Distribution centers
5552 Inverness Ave Mesa, AZ 85206-4802
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-1345497
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2004
Construction
CONCRETE
Total area
44,831 SF
Lot
17.24 ac (750,902 SF)
Zoning code
PEP
APN
141-53-723
UPID
US07-1345497
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
-
UPS Customer Center Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.04M
Blend (final)
Blend
$15.75M
Owner & transaction history
UNITED PARCEL SERVICES INC
UNITED PARCEL SERVICES INC
Zoning & alternative use
PEP · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
minimalist or utilitarian approach, the entire range of which may contribute to providing the appropriate context for a successful business environment. B. Specific Purposes of Each District. 1. Planned Employment Park (PEP). To provide areas where professional and medical office parks, research and development facilities, and light manufacturing in a campus…
Zone name
Planned Employment Park
General category
INDUSTRIAL
Zone area
576.76 ac
Source
code of ordinances
Top alternative use upside
Auto repair, garage
$19.8M
+160.7%
Neighborhood: shopping center
$14.0M
+84.2%
Retail stores
$11.8M
+55.1%
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
AUTO REPAIR, GARAGE
$19,755,000
Change: +161% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$13,960,000
Change: +84% · Conversion: Moderate
RETAIL STORES
$11,750,000
Change: +55% · Conversion: Moderate
MEDICAL BUILDING
$10,610,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$15.75M
Range $14.18M – $17.33M · ±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
$351 / 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
$174,035
Tax year 2023
Assessed value
$4,014,384
Assessed 2024
Previous assessed
$3,370,488
+19.1% YoY
Effective rate
4.34%
On assessed value
Land market value
$8,636,400
Improvement market value
$15,693,200
Total market value
$24,329,600
Applied tax rate
41,003.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
13
Stories
1
Units
13
Total area
44,831 SF
Lot
17.24 ac (750,902 SF)
Zoning code
PEP
APN
141-53-723
UPID
US07-1345497
Jurisdiction
MARICOPA
Zoning & alternative use
PEP · Mesa, AZZoning PEP · permitted uses
PEP · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
minimalist or utilitarian approach, the entire range of which may contribute to providing the appropriate context for a successful business environment. B. Specific Purposes of Each District. 1. Planned Employment Park (PEP). To provide areas where professional and medical office parks, research and development facilities, and light manufacturing in a campus setting with ancillary restaurants, retail and other supportive establishments. 2.
Zone name
Planned Employment Park
General category
INDUSTRIAL
Zone area
576.76 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$19.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.0M
RETAIL STORES
Est. value
$11.8M
MEDICAL BUILDING
Est. value
$10.6M
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
13
Units
13
Lot
17.24 ac
Current owner
From public records · entity-resolved
UNITED PARCEL SERVICES INC
Entity
Free & Clear · 0 yrs held
Mailing address
55 GLENLAKE PKWY, ATLANTA, GA 30328-3474
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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