Property profile

6848 E Brown Rd Mesa, AZ 85207

FOR LEASE
Medical Office Space
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Property ID
US07-1579336
3,475 SF 0.08 ac Built 2000
Last sale May 2018·$928,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 6848 E. Brown Road in Mesa, Arizona is a free-standing, Class A orthotics/dental/medical office building located in the Red Mountain Professional Park. Built in 2000 and renovated in 2017, it contains approximately 3,546 square feet and is situated as a corner property. The building provides convenient access to SR Loop 202 and is located near retail and medical facilities. It is configured for full-service Orthodontics/Dental use and could be adapted to accommodate other…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$145k
Effective rate3.97%

Value estimate

· Nov 2026
$1.17M
$1.05M – $1.29M
Submarket $/SF estimate$1.17M
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$9k
Operating expenses−$30k
NOI$44k

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

Recently sold

What actually traded nearby?
$262/SF
Submarket average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$141 – $387
Qualifying comparables5

Cap rate analysis

How does the asset earn?
$44k 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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant36.6
Building Supply36.4
Law Firm33.2

Location

6848 E Brown Rd Mesa, AZ 85207
County assessor Recorded deeds · 2 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6844 Brown Rd, Mesa, AZ 85207-3758 $850,000 Feb 2024 3,515 SF
6852 Brown, Mesa, AZ 85207-3706 $945,000 Dec 2022 2,971 SF
6963 Main, Mesa, AZ 85207-8209 $1,200,000 Apr 2021 5,533 SF
7448 Main, Mesa, AZ 85207-8306 $1,920,000 Apr 2020 5,015 SF
6820 Brown, Mesa, AZ 85207-3705 $3,990,000 Dec 2019 3,546 SF
6832 Brown Rd, Mesa, AZ 85207-3755 $800,000 Nov 2018 3,420 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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Includes: Price & PSF · Cap rate · Location · Zoning

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