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606 Stapley Dr Mesa, AZ 85203-7206

OFF-MARKET Office buildings Google Maps
2,644 SF 0.23 ac lot Built 1978
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$440k
Range $396k – $484k (±10%)
Property ID US07-1227854

Property summary

AI-generated overview

This exceptional executive office space, located at 606 N Stapley Dr, offers a prime location near Stapley Drive and University Drive. The building, completely renovated in 2022, boasts 2,600 square feet and comprises three suites within a single building. Currently, 340 square feet of space is immediately available, divisible into units as small as 100 square feet, with a maximum contiguous space of 340 square feet. The available space features desirable window line offices, perfect for individual professionals or small teams. The building offers a beautiful outdoor area for tenant use. A unique benefit for tenants is access to a shared conference room on the main floor, reservable for up to four hours per month. The building's modern finishes and convenient location make this an ideal space for businesses seeking a professional and efficient work environment. The property features a total of three suites, providing a close-knit community feel. The address is conveniently located near Stapley Drive and University Drive, offering easy access to major thoroughfares. The APN is 13707148A.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction CONCRETE
Total area 2,644 SF
Lot 0.23 ac (10,019 SF)
Zoning code OC
APN 137-07-148A
UPID US07-1227854

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
  • Real Estate Agency
  • Real Estate Agency
  • Hardware & Home Improvement
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2021
Last sale
$425,000
7 recorded transactions
2021
$425,000
2021
$312,500
2001
$210,000
1999
Price N/A
1996
Price N/A
1996
$216,500
1994
Price N/A

Zoning & alternative use

OC · Mesa, AZ
Zoning description

Office Commercial (OC). To provide areas for small-scale medical and professional offices intended to serve the community and remain compatible with adjacent residential areas. 5.

General category COMMERCIAL

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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