Financial
Distress signals
Property profile

625 W Southern Ave Mesa, AZ 85210

FOR SALE
Office buildings
Property ID
US07-2759250
5,157 SF 0.44 ac lot Built 1973
Last sale Aug 2022 · $1,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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625 W Southern Ave, Mesa, AZ 85210 For Sale
$1,295,000 5,157 SF
625 W Southern Ave, Mesa, AZ 85210
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Property summary

AI-generated overview

The property is an office building configured for a triple-net (NNN) leasing arrangement. It has frontage on Southern Ave and is zoned OC, which supports a range of office-oriented uses in accordance with local code. The building was operated under a lease structure that included scheduled annual rent escalations and featured optional renewal periods, with the tenant also serving as the property manager.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value · 2024$126k
Effective rate6.60%

Value estimate

· Sep 2026
$1.47M
$1.32M – $1.62M
CAP approach$1.45M
Sales comparison$1.31M
NOI build-up
Gross scheduled income$149k
Vacancy & credit loss−$31k
Operating expenses−$30k
NOI · 6.84% cap applied$89k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$301/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$141 – $522
Qualifying comparables17

Cap rate analysis

How does the asset earn?
6.84%
$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OC
Office Commercial (OC). To provide areas for small-scale medical and professional offices intended to serve the community and remain comp...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service9.6
Daycare Center9.4
Tailor Shop9.1

Location

625 W Southern Ave Mesa, AZ 85210
County assessor Recorded deeds · 7 transfers 17 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1103 Mesa, Mesa, AZ 85210-8722 $500,000 Nov 2025 4,096 SF
134 Broadway, Mesa, AZ 85210-1508 $1,440,000 Feb 2025 5,312 SF
2045 Vineyard, Mesa, AZ 85210-6891 $800,000 Feb 2024 7,307 SF
2152 Vineyard, Mesa, AZ 85210-6881 $1,150,000 Aug 2023 4,001 SF
701 Southern, Mesa, AZ 85210-5028 $1,300,000 Sep 2022 5,744 SF
205 Southern, Mesa, AZ 85210-5400 $1,199,000 Jul 2022 6,704 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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