Entity Owned Property summary
AI-generated overview
The property is a 52,000-square-foot industrial building within a three-building light industrial/retail development. It has frontage on Southern Avenue and is positioned for convenient access to US 60 via nearby freeway connections. The site includes ample on-site parking to support vehicle access and customer or worker parking needs.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2001
Construction
CONCRETE
Total area
20,030 SF
Lot
6.94 ac (302,418 SF)
Zoning code
PEP
APN
218-56-427B
UPID
US07-0046123
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
-
General Contractor
-
General Contractor Renovation Specialist
-
Hardware & Home Improvement
-
Film Production Television Studio
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.43M
Blend (final)
Blend
$8.88M
Owner & transaction history
since 2019
7 recorded transactions
Zoning & alternative use
PEP · Mesa, AZ
Zoning description
minimalist or utilitarian approach, the entire range of which may contribute to providing the appropriate context for a successful business environment. B. Specific Purposes of Each District. 1. Planned Employment Park (…
General category
INDUSTRIAL
Top alternative use upside
Auto repair, garage
$8.8M
+168.4%
Neighborhood: shopping center
$6.2M
+89.7%
Retail stores
$5.3M
+59.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$8.88M
Value range
$7.99M – $9.77M
±10% around blend
Estimated value / SF
$443 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$7.99M
blend $8.88M
$9.77M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
20,030 SF
Lot area
6.94 ac
Year built
2001
Stories
1
APN
218-56-427B
Zoning
PEP
Assessed value
$2,203,064
Annual tax
$112,677
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.08M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.9 mi away · 15,920 SF
8.0 mi away · 14,440 SF
8.0 mi away · 14,440 SF
9.7 mi away · 16,152 SF
9.7 mi away · 16,152 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.88M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 81 sales
$164
+170%
County 1188 sales
$230
+93%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $443/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+168%
vs current-use indication
Neighborhood: Shopping Center
Retail Stores
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.20M
Move the market yield to see immediate price impact.
Value / SF
$110
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$139k
$2.78M
$1.98M
$1.54M
$154k
$3.08M
$2.20M
$1.71M
$170k
$3.39M
$2.42M
$1.88M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.57M
3.8 mi · Sep 2025 · $80/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$112,677
Tax year 2023
Assessed value
$2,203,064
Assessed 2024
Previous assessed
$1,738,403
+26.7% YoY
Effective rate
5.11%
On assessed value
Land market value
$3,770,900
Improvement market value
$9,581,000
Total market value
$13,351,900
Applied tax rate
41,012.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
20,030 SF
Lot
6.94 ac (302,418 SF)
Zoning code
PEP
APN
218-56-427B
UPID
US07-0046123
Jurisdiction
MARICOPA
Zoning & alternative use
PEP · Mesa, AZZoning PEP · permitted uses
PEP · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
minimalist or utilitarian approach, the entire range of which may contribute to providing the appropriate context for a successful business environment. B. Specific Purposes of Each District. 1. Planned Employment Park (…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
6.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
PEP
INDUSTRIAL
Jurisdiction
Mesa, AZ
Recorded code
PEP
Official district
PEP
Official district profile
What the municipal code says about PEP
Zoning description
minimalist or utilitarian approach, the entire range of which may contribute to providing the appropriate context for a successful business environment. B. Specific Purposes of Each District. 1. Planned Employment Park (…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PEP in Mesa, AZ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
You own 7107 Southern Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
