Financial
Distress signals
Property profile

7535 E Ray Rd Mesa, AZ 85212

FOR LEASE
Flex space
Property ID
US07-2437730
64,808 SF 9.77 ac lot Built 2019
Last sale Mar 2023 · $25,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
7535 E Ray Rd, Mesa, AZ 85212 For Lease
$4,485,000 74,030 SF available
7535 E Ray Rd, Mesa, AZ 85212
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$194k
Tax billed · 2023
Assessed value · 2024$4.03M
Effective rate4.81%

Value estimate

· Sep 2026
$4.49M
$4.04M – $4.93M
Submarket $/SF estimate$4.49M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$40/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$21 – $69
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
To provide areas for limited manufacturing and processing, wholesaling, research, warehousing, and distribution activities take place wit...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.6
Auto Parts Store8.4
Storage Facility8.3

Location

7535 E Ray Rd Mesa, AZ 85212
County assessor Recorded deeds · 4 transfers 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7931 Pecos, Mesa, AZ 85212-6501 $60,250,000 May 2022 26,210 SF
8743 Pecos, Mesa, AZ 85212-9301 $26,100,000 May 2022 45,032 SF
7158 Seaver, Mesa, AZ 85212-3297 $18,243,748 Apr 2022 146,695 SF
4617 Power, Mesa, AZ 85212-3645 $70,000,000 Feb 2022 70,148 SF
7035 Pecos, Mesa, AZ 85212 $6,425,000 Jan 2022 137,378 SF
7447 Ray, Mesa, AZ 85212-9203 $950,000 Dec 2020 70,513 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
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?”
More about this property
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