Property profile

5961 Mckellips Rd Mesa, AZ 85215

OFF-MARKET
Turn key restaurants
Property ID
US07-1480571
4,722 SF 1.18 ac lot Built 2005
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction CONCRETE
Total area 4,722 SF
Lot 1.18 ac (51,194 SF)
Zoning code C-G
APN 141-45-978
UPID US07-1480571

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Building Supply

Location

5961 Mckellips Rd Mesa, AZ 85215-2754
Mesa metro Census 420216 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.55M
Blend (final) Blend
$3.56M

Owner & transaction history

since 2023
Last sale
$3.0M
7 recorded transactions
2023
$3.0M
2022
Price N/A
2020
$2.3M
2019
Price N/A
2006
$2.6M
2005
Price N/A
2004
$800,000

Zoning & alternative use

C-G · Mesa, AZ
Top alternative use upside
Commercial (general) $3.0M +0.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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