Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
750 E 1St Ave Mesa, AZ 85204
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-2658277
For Sale
1 / 7
$2,400,000
750 E 1St Ave, Mesa, AZ 85204
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.23 ac (10,131 SF)
Zoning code
RM-4
APN
138-28-079
UPID
US07-2658277
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
$2.70M
Owner & transaction history
Azpmr Properties 2 LLC · 4 yrs held
Azpmr Properties 2 LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
RM-4 · 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
Method
Estimation
Statistic approach
$2,155,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±10% · vs last sale $2.70M (Apr 5 2022)
Last sale anchor
$2.70M
Apr 5 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$299
Tax year 2023
Assessed value
$18,890
Assessed 2024
Previous assessed
$18,890
+0.0% YoY
Effective rate
1.58%
On assessed value
Land market value
$188,900
Total market value
$188,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
NONE
Lot
0.23 ac (10,131 SF)
Zoning code
RM-4
APN
138-28-079
UPID
US07-2658277
Jurisdiction
MARICOPA
Zoning & alternative use
RM-4 · Mesa, AZ
Zoning RM-4 · permitted uses
RM-4 · 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
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Azpmr Properties 2 LLC
Entity
Mailing address
6501 E GREENWAY PKWY STE #103, SCOTTSDALE, AZ 85254-2070
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2022
$2,700,000
Azpmr Properties 2 LLC
750 E 1st LLC
Special Warranty Deed
$2,530,000 · Arixa Institutional Lending Partner
Mar 29, 2017
—
750 E 1st LLC
Vo Thanh M 2003 Trust
Grant Deed
related
—
Nov 3, 2016
—
750 E 1st LLC
Biggs,brittany
Warranty Deed
$458,000 · Bank Of The West
Apr 22, 2014
$540,000
750 E 1st LLC
Vo,thanh M 2003 Trust
Dual Purpose Document
$427,149 · Vo Thanh M 2003 Trust (pt)
Aug 12, 2005
—
Isaac Weintraub
Margalit,ruth
Quit Claim Deed
related
—
Aug 12, 2005
$665,000
Vo Thanh M 2003 Trust
Weintraub,isaac
Grant Deed
$500,000 · Lasalle National Bank
Feb 24, 2003
$402,000
Ruth Margalit
De Leo,louis
Grant Deed
—
Dec 12, 2000
—
Louis De Leo
De Leo,mary
Quit Claim Deed
related
—
—
—
750 E 1st LLC
—
Deed Of Trust
related
$738,300 · Bank Of The West
—
—
Mark Parry
—
Deed Of Trust
related
$157,179 · Seller
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?”
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.
