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    5609 Mckellips Rd Mesa, AZ 85215-2874

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    5609 Mckellips Rd Mesa, AZ 85215-2874


    • Strip malls
    • 15,119 SF
    • 1.63 lot acres
    Off-Market
    Last Sale Jul 14, 2020
    $6,850,000
    Property ID
    US07-0538283
    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.

    Value Estimations
    $5,425,000
    Show details
    Cap Rate Potential
    2.6%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Pita Jungle / Take-out & Catering / Catering Service
    • Senti Bella Medical Salon / Spa & Massage Center / Alternative Medicine Practice
    • Sunset Salon Suites / Hair Salon / Nail Salon
    • The Shoppes at Legacy House / Business Service Center / Corporate Office
    • Capitol Guard / Security Service

    Property Details for 5609 Mckellips Rd

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    1.63 lot acres
    Property size
    15,119 SF
    Zone code
    LC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    141-44-739A
    APU
    14144739A

    Description

    This exceptional 1,375 square foot retail space is ideally situated in Maricopa County, zoned C-2, City of Mesa. The property boasts a single, vacant suite, offering immediate occupancy for a wide range of commercial ventures. Its strategic location directly northwest of the Boeing Corporation, a major employer with over 4,600 employees, and west of Falcon Field Airport (46 businesses, 1,800 employees), ensures high visibility and significant foot traffic. The surrounding area demonstrates strong demographics, with average household incomes exceeding $105,979 and over 76,293 people residing within a 3-mile radius. Further enhancing its appeal, the property is conveniently located near Mesa Community College (4,000+ students) and Red Mountain High School (3,400+ students), providing a substantial potential customer base. Easy access to the Red Mountain Freeway (within 1.5 miles in both directions) ensures excellent connectivity and accessibility for both employees and customers. This presents a unique opportunity for businesses seeking a high-traffic, well-established location with a strong potential for growth and success. The property is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,620,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,059,000
      Market price range: $2.01M - $9.95M
      AI Estimate
      $3,744,000
      Market price range: $2.01M - $9.28M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $4,710,000
      Current use
      AUTO REPAIR, GARAGE
      $6,660,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $3,965,000
      Change: -16% Conversion: Easy
      MEDICAL BUILDING
      $3,960,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.709
    Latitude
    33.4514
    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
    $29,309
    $0.00
    $0.00
    $442,918
    -
    $809,300
    $1,875,049
    $2,684,349
    More about this property
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