Financial
Distress signals
Property profile

6631 E Southern Ave Mesa, AZ 85206

FOR SALE
Outlet malls
Property ID
US07-3417292
23,484 SF 2.08 ac lot Built 1994
Last sale Feb 2023 · $3,540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 6631 E. Southern Avenue in Mesa, Arizona is a single-tenant, net-leased retail facility. It is positioned along a high-traffic commercial corridor and is located adjacent to Superstition Springs Mall, providing direct retail-oriented access and visibility in the surrounding commercial area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2023

What does the county charge?
$46k
Tax billed · 2023
Assessed value · 2024$636k
Effective rate7.23%

Value estimate

· Sep 2026
$3.48M
$3.13M – $3.82M
CAP approach$3.20M
NOI build-up
Gross scheduled income$318k
Vacancy & credit loss−$21k
Operating expenses−$89k
NOI · 5.01% cap applied$208k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$262/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$121 – $462
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.01%
$208k 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?
LC
Limited Commercial (LC). To provide areas for indoor retail, entertainment, and service-oriented businesses that serve the surrounding re...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.8
Wholesale Shop16.0
Convenience Store13.7

Location

6631 E Southern Ave Mesa, AZ 85206
County assessor Recorded deeds · 5 transfers 5 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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6702 Broadway, Mesa, AZ 85206 $5,250,000 Mar 2025 16,800 SF
1944 Greenfield Rd, Mesa, AZ 85206-3904 $11,050,000 Sep 2024 No data
6315 Southern, Mesa, AZ 85206-3749 $3,855,000 Feb 2024 66,370 SF
6341 Southern, Mesa, AZ 85206-3713 $5,634,000 Jul 2023 26,576 SF
415 Higley, Mesa, AZ 85206-2114 $1,950,000 Sep 2022 15,188 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message