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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
61 Macdonald Mesa, AZ 85210-1321
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-0822772
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
CONCRETE
Total area
1,354 SF
Lot
0.09 ac (3,750 SF)
Zoning code
C-DT
APN
138-41-008
UPID
US07-0822772
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
-
Flex Society Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Betty 58 INC · 1 yrs held
Betty 58 INC
since 2024
Last sale
$512,500
4 recorded transactions
Zoning & alternative use
C-DT · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$595,000
+71.0%
Neighborhood: shopping center
$420,000
+20.8%
Office building
$405,000
+16.6%
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
$515,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$350,000
Current use
AUTO REPAIR, GARAGE
$595,000
Change: +71% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$420,000
Change: +21% · Conversion: Moderate
OFFICE BUILDING
$405,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$355,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $513k (Jul 16 2024)
Last sale anchor
$513k
Jul 16 2024
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
$380 / 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
$1,320
Tax year 2023
Assessed value
$21,661
Assessed 2024
Previous assessed
$18,683
+15.9% YoY
Effective rate
6.09%
On assessed value
Land market value
$72,400
Improvement market value
$58,880
Total market value
$131,280
Applied tax rate
41,010.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,354 SF
Lot
0.09 ac (3,750 SF)
Zoning code
C-DT
APN
138-41-008
UPID
US07-0822772
Jurisdiction
MARICOPA
Zoning & alternative use
C-DT · Mesa, AZ
Zoning C-DT · permitted uses
C-DT · 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
RETAIL STORES Current
Est. value
$350,000
AUTO REPAIR, GARAGE
Est. value
$595,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$420,000
OFFICE BUILDING
Est. value
$405,000
MEDICAL BUILDING
Est. value
$355,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1920
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Betty 58 INC
Entity
Free & Clear · 1 yrs held
Mailing address
35 E COLOR CV RD UNIT #84, SEDONA, AZ 86336-3628
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
$512,500
Betty 58 INC
Psge Investments LLC
Special Warranty Deed
—
Jun 2, 2023
$215,000
Psge Investments LLC
G&k Management
Special Warranty Deed
$325,000 · Qoosand LLC
May 17, 2017
$175,000
G & K Management LLC
Brando 61 LLC
Grant Deed
—
Mar 22, 2016
—
Brando 61 LLC
Brandofino,luule
Quit Claim Deed
related
—
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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