New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,140,000
Assisted living facilities
5652 Baseline Rd 2, Mesa, AZ 85206-4713
Entity Owned
9-yr Hold
Free & Clear
Property ID
US07-0694461
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2009
Construction
CONCRETE
Total area
48,992 SF
Lot
6.52 ac (284,198 SF)
Zoning code
PEP
APN
141-53-897
UPID
US07-0694461
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
-
Encompass Health Rehabilitation Hospital of East Valley Hospital
-
Rehab Medical Clinic
-
Pioneer Sports and Spine's Physician
-
Anushka Perera Physician
-
Mr. Robert Arashahi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.14M
Blend (final)
Blend
$11.14M
Owner & transaction history
Gmr Mesa LLC · 9 yrs held
Gmr Mesa LLC
since 2016
3 recorded transactions
Zoning & alternative use
PEP · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$15.3M
+72.8%
Retail stores
$12.8M
+45.4%
Medical building
$11.6M
+31.3%
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$8,830,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,260,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$12,840,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$11,595,000
Change: +31% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,280,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$11.14M
Range $10.03M – $12.25M · ±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
$227 / 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
$192,769
Tax year 2023
Assessed value
$3,326,542
Assessed 2024
Previous assessed
$2,937,923
+13.2% YoY
Effective rate
5.79%
On assessed value
Land market value
$3,193,500
Improvement market value
$16,967,359
Total market value
$20,160,859
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
3
Total area
48,992 SF
Lot
6.52 ac (284,198 SF)
Zoning code
PEP
APN
141-53-897
UPID
US07-0694461
Jurisdiction
MARICOPA
Zoning & alternative use
PEP · Mesa, AZ
Zoning PEP · permitted uses
PEP · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.3M
RETAIL STORES
Est. value
$12.8M
MEDICAL BUILDING
Est. value
$11.6M
WAREHOUSE, STORAGE
Est. value
$8.3M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2009
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
3
Lot
6.52 ac
Current owner
From public records · entity-resolved
Gmr Mesa LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2 BETHESDA METRO CTR STE #440, BETHESDA, MD 20814-5333
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2017
—
Gmr Mesa LLC
—
Grant Deed
related
$200,000,000 · Bmo Harris Bk NA
Dec 22, 2016
$22,350,000
Gmr Mesa LLC
Hr Acquisition I Corp
Grant Deed
—
Sep 24, 2008
$3,552,475
Healthsouth Mesa Rehabilitatio
Vhs Acquisition Subsidiary 11
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5652 Baseline Rd, Unit 2?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
