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Property profile & analytics
OFF-MARKET
Estimated value
$3,720,000
Medical Office Space
6335 Main St Mesa, AZ 85205-8965
Individually Owned
7-yr Hold
Free & Clear
Property ID
US07-0812417
Property summary
AI-generated overview
Red Mountain Center, situated at 6335 E Main St, Mesa, AZ 85205, offers exceptional medical office and retail space for lease. This 66,320 square foot building, constructed in 1986 and renovated in 2012, sits on a 7.97-acre lot and is zoned C-2, Mesa. The property boasts a convenient location at the southeast corner of 63rd Street and Main Street. Multiple tenancies are available, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 5,475 square feet. Currently, 18,662 square feet of space is vacant and ready for immediate occupancy. The ample parking provides a 5.00 spaces per 1000 square feet ratio. This property presents a unique opportunity for businesses seeking a well-maintained, strategically located space in a thriving Maricopa County market. The building's blend of retail and medical office space caters to a diverse range of potential tenants. Interested parties are encouraged to inquire about the available spaces and lease terms. The property's prime location and flexible space options make it an ideal choice for businesses seeking to establish or expand their presence in Mesa, Arizona.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
9,598 SF
Lot
7.97 ac (347,167 SF)
Zoning code
LC
APN
141-57-097
UPID
US07-0812417
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
-
Arizona Medical Group-Mesa Medical Group
-
Hollis Shaw, MD - Concordia Oncology, PC Physician
-
Dr. Robert P. Rivera, MD Physician
-
Action Behavior Centers - ABA Therapy for Autism Pediatrician
-
Josephs Mary Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.72M
Blend (final)
Blend
$3.72M
Owner & transaction history
Red Mountain Royal Plaza Ll · 7 yrs held
Red Mountain Royal Plaza Ll
since 2019
4 recorded transactions
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.2M
+145.0%
Restaurant
$6.1M
+144.4%
Auto repair, garage
$4.2M
+68.2%
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
MEDICAL BUILDING
$2,515,000
Current use
COMMERCIAL (GENERAL)
$6,160,000
Change: +145% · Conversion: Easy
RESTAURANT
$6,145,000
Change: +144% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,230,000
Change: +68% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,990,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$2,515,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$3.72M
Range $3.35M – $4.09M · ±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
$388 / 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
$81,188
Tax year 2023
Assessed value
$2,104,183
Assessed 2024
Previous assessed
$1,860,786
+13.1% YoY
Effective rate
3.86%
On assessed value
Land market value
$1,581,800
Improvement market value
$11,170,824
Total market value
$12,752,624
Applied tax rate
41,000.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
6
Stories
1
Units
6
Total area
9,598 SF
Lot
7.97 ac (347,167 SF)
Zoning code
LC
APN
141-57-097
UPID
US07-0812417
Jurisdiction
MARICOPA
Zoning & alternative use
LC · Mesa, AZ
Zoning LC · permitted uses
LC · 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
MEDICAL BUILDING Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$6.2M
RESTAURANT
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
RETAIL STORES
Est. value
$2.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1986
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
6
Units
6
Lot
7.97 ac
Current owner
From public records · entity-resolved
Red Mountain Royal Plaza Ll
Individual
Free & Clear · 7 yrs held
Mailing address
435 HUDSON ST RM #802, NEW YORK, NY 10014-3996
Ownership since
2019
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
Jan 15, 2019
—
Red Mountain Royal Plaza Ll
Wilshire Ents INC
Grant Deed
—
Apr 29, 1994
$1,000,000
Wilshire Oil Co Of Texas
Trust Co Of New
Grant Deed
$850,000 · Seller Carry Back
Dec 22, 1993
$615,940
Trust Co Of New Jersey
Med-ret Corp
Grant Deed
—
Jul 15, 1991
—
Med-ret Corp
—
Deed Of Trust
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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