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Property profile & analytics
OFF-MARKET
Estimated value
$2,220,000
Gas stations
7602 Main St Mesa, AZ 85207-8417
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-1285378
Property summary
AI-generated overview
This exceptional retail property, located at 7602 E Main St in Mesa, Arizona, offers a prime opportunity for businesses seeking high visibility and convenient access. The building, constructed in 1982, boasts a total of 33,435 square feet, with 1,800 square feet currently available for lease. Situated in the desirable Red Mountain/Mesa Ret submarket of Maricopa County, this multi-tenant building enjoys excellent exposure to a large customer base. The property's previous use as a carwash makes it particularly well-suited for contractors seeking a yard space, offering ample room for equipment storage and operations. The 1,800 square foot space presents a versatile layout adaptable to a variety of commercial uses. Its location in Mesa, AZ, zip code 85207, provides easy access to major transportation routes and a thriving local community. This is an ideal opportunity to establish or expand a business in a high-demand area. The property's size and location make it a compelling investment for businesses seeking a strategic foothold in the Mesa market. Contact us today to learn more about this exceptional retail space.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1982
Construction
STEEL FRAME
Total area
2,700 SF
Lot
6.68 ac (291,093 SF)
Zoning code
C-3
APN
218-23-012F
UPID
US07-1285378
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
-
Auto RV Service & Repair Auto Repair Shop
-
Apache Sands Gas Station Gas Station
-
Apache Sands Express Car Wash Car Wash
-
Gasolinera Gas Station
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.22M
Owner & transaction history
Fredrickson Living Trust · 6 yrs held
Fredrickson Living Trust
since 2019
4 recorded transactions
Zoning & alternative use
C-3 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,765,000
Current use
COMMERCIAL (GENERAL)
$1,735,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±10%
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
$822 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$46,113
Tax year 2022
Assessed value
$623,800
Assessed 2024
Previous assessed
$538,577
+15.8% YoY
Effective rate
7.39%
On assessed value
Land market value
$1,695,100
Improvement market value
$2,085,509
Total market value
$3,780,609
Applied tax rate
40,000.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
7
Stories
1
Units
6
Total area
2,700 SF
Lot
6.68 ac (291,093 SF)
Zoning code
C-3
APN
218-23-012F
UPID
US07-1285378
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Mesa, AZ
Zoning C-3 · permitted uses
C-3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
7
Units
6
Lot
6.68 ac
Current owner
From public records · entity-resolved
Fredrickson Living Trust
Trust
Mailing address
2102 N HL HILL, MESA, AZ 85203-2153
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
—
White River Scottsdale LLC
—
Deed
related
$992,600 · Old National Bank
Oct 14, 2019
—
Fredrickson Living Trust
Apache Sands Svc Ctr INC
Quit Claim Deed
—
Mar 14, 2017
—
Apache Sands Service Center INC
—
Deed
related
$300,000 · Jpmorgan Chase Bank NA
—
—
Apache Sands Svc Center INC
—
Deed Of Trust
related
$300,000 · J P Morgan Chase Bank
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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