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Property profile & analytics
OFF-MARKET
Flex space
7256 89th Pl Ste 101 Mesa, AZ 85212-5503
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-0628078
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2007
Construction
CONCRETE
Total area
17,694 SF
Lot
0.06 ac (2,490 SF)
Zoning code
LI
APN
304-62-790
UPID
US07-0628078
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Legacy Aero Partners LLC · 3 yrs held
Legacy Aero Partners LLC
since 2022
Last sale
$598,456
6 recorded transactions
Zoning & alternative use
LI · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,451
Tax year 2023
Assessed value
$71,132
Assessed 2024
Previous assessed
$58,565
+21.5% YoY
Effective rate
6.26%
On assessed value
Land market value
$86,200
Improvement market value
$344,900
Total market value
$431,100
Applied tax rate
951,007.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
17,694 SF
Lot
0.06 ac (2,490 SF)
Zoning code
LI
APN
304-62-790
UPID
US07-0628078
Jurisdiction
MARICOPA
Zoning & alternative use
LI · Mesa, AZ
Zoning LI · permitted uses
LI · 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.
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Legacy Aero Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2660 E WISTERIA DR, CHANDLER, AZ 85286-2433
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
$598,456
Legacy Aero Partners LLC
Marlye Properties LLC
Special Warranty Deed
—
Mar 31, 2014
$200,000
Marlye Properties LLC
Arcus Loan Fund I LLC
Special Warranty Deed
$161,755 · Midfirst Bank
Feb 21, 2013
$188,200
Arcus Ln Fund I LLC
Huber Aaron C
Trustees Deed
related
—
Jun 30, 2010
$195,312
Nelson One LLC
Arcus Loan Fund I LLC
Grant Deed
$166,012 · Arcus Ln Fund I LLC
Apr 28, 2010
—
Arcus Loan Fund I LLC
Gateway Arpt Busn Center I LLC
Deed In Lieu Of Foreclosure
related
—
Oct 26, 2007
—
Gateway Airport Business Cente
Owner Name Unavailable
Grant Deed
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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