You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Office buildings

827 W Grove Ave Mesa, AZ 85210

14,028 SF 5.09 ac lot Built 1994
Entity Owned 10-yr Hold Free & Clear
Property ID
US07-1290653
Property summary
AI-generated overview

This exceptional 70,000-square-foot flex space property, located at 827 W Grove Ave in Mesa, Arizona (zip code 85210), presents a unique investment opportunity. Situated on a generous 5.09-acre lot, this two-story building offers ample space for a variety of uses, making it perfect for businesses requiring both office and warehouse/lab space. The property boasts grade-level loading, significantly enhancing operational efficiency. Low net, net, net (NNN) costs contribute to a strong return on investment. The strategic location within Maricopa County provides easy access to the Southeast Valley's robust labor pool and desirable demographics. The property benefits from convenient access to major transportation arteries, with full diamond interchanges at US 60 and Alma School Road ensuring seamless commutes. Furthermore, the property's proximity to numerous restaurants offers employees a wide variety of dining options within walking distance. This property is for sale and represents a compelling opportunity for businesses seeking a well-located, versatile, and cost-effective space in a thriving Arizona market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction CONCRETE
Total area 14,028 SF
Lot 5.09 ac (221,654 SF)
Zoning code LC
APN 134-23-017E
UPID US07-1290653
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
$7.32M
Blend (final) Blend
$7.30M
Owner & transaction history
Mesa Investment Corp · 10 yrs held
Mesa Investment Corp
since 2016
7 recorded transactions
2016
$14.0M
2013
$2.7M
2012
$2.2M
2007
$10.0M
1998
Price N/A
1993
$520,000
1992
$300,000
Zoning & alternative use
LC · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $9.0M +113.5%
Restaurant $9.0M +113.0%
Auto repair, garage $6.2M +46.6%
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message