Back to Search
Property profile & analytics
OFF-MARKET
Strip malls
7302 Main St Mesa, AZ 85207-8333
Entity Owned
4-yr Hold
Free & Clear
Property ID
US07-0812826
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Construction
CONCRETE
Total area
21,600 SF
Lot
2.26 ac (98,366 SF)
Zoning code
LC
APN
218-17-029A
UPID
US07-0812826
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
Current use
Occupant on record · Public records
-
Wild West Mercantile (Bike/Boat/Book/etc) Store
-
Carbajal's Mexican Food Restaurant
-
AZ Event Space Party Supply Store Rental Equipment Company
-
Clothes Department Store
-
Alexander's Abilities Social Service Agency
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
Forestdale Investments LLC · 4 yrs held
Forestdale Investments LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
LC · 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
$24,728
Tax year 2023
Assessed value
$437,920
Assessed 2024
Previous assessed
$381,888
+14.7% YoY
Effective rate
5.65%
On assessed value
Land market value
$551,200
Improvement market value
$2,102,859
Total market value
$2,654,059
Applied tax rate
41,000.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
21,600 SF
Lot
2.26 ac (98,366 SF)
Zoning code
LC
APN
218-17-029A
UPID
US07-0812826
Jurisdiction
MARICOPA
Zoning & alternative use
LC · Mesa, AZ
Zoning LC · permitted uses
LC · 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
1981
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Forestdale Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4885 S 900TH E STE #104, SALT LAKE CITY, UT 84117-3903
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
$1,400,000
Forestdale Investments LLC
Forestdale Investments LLC
Special Warranty Deed
—
Jun 1, 2022
$8,000,000
Forestdale Investments LLC
Sun Valley Plaza Holdings INC
Special Warranty Deed
—
Apr 25, 2022
—
Sun Valley Plaza Holdings INC
—
Deed
related
$3,511,000 · Parkway Bank & Trust Co
Dec 16, 2019
$6,360,000
Sun Valley Plaza Holdings INC
Oakwood Custom Home LLC
Special Warranty Deed
$3,816,000 · Parkway Bank & Trust Co
Jun 4, 2004
$3,100,000
Charleston Central Center LLC
New Plan Excel Realty Tr INC
Grant Deed
$2,700,000 · Bnc National Bank
May 31, 1994
$3,000,000
Excel Realty Trust
Crossland Federa
Grant Deed
—
Jun 30, 1992
$3,300,000
Savings Crossland
Sunvalley Equiti
Grant Deed
related
—
Apr 24, 1987
—
Valley Equit Sun
—
Deed Of Trust
related
—
—
—
Charleston Central Center LLC
—
Deed Of Trust
related
$2,300,000 · Bankers Trust Co
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.
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 7302 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
