Technical
Financial
Distress signals
Property profile

641 Southern Ave Mesa, AZ 85210

OFF-MARKET
Medical Office Space
Property ID
US07-0728633
10,424 SF 0.48 ac lot Built 1999
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Construction CONCRETE
Total area 10,424 SF
Lot 0.48 ac (21,083 SF)
Zoning code OC
APN 134-22-004U
UPID US07-0728633

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
  • Daycare Center

Location

641 Southern Ave Mesa, AZ 85210-5004
Mesa metro Census 422203 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$740k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2015
$975,000
2003
$1.5M
1999
Price N/A
1998
Price N/A
1997
$255,000
1996
$240,000

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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