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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Retail space
8315 Main St Mesa, AZ 85207-8512
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-1022588
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
CONCRETE
Total area
14,040 SF
Lot
0.35 ac (15,052 SF)
Zoning code
C-3
APN
218-29-112
UPID
US07-1022588
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
$1.70M
Blend (final)
Blend
$1.71M
Owner & transaction history
Apache Trail 8315 LLC · 10 yrs held
Apache Trail 8315 LLC
since 2015
7 recorded transactions
Zoning & alternative use
C-3 · Mesa, AZ
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
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$121 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,182
Tax year 2023
Assessed value
$158,252
Assessed 2024
Previous assessed
$137,122
+15.4% YoY
Effective rate
8.33%
On assessed value
Land market value
$102,000
Improvement market value
$857,100
Total market value
$959,100
Applied tax rate
40,012.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
14,040 SF
Lot
0.35 ac (15,052 SF)
Zoning code
C-3
APN
218-29-112
UPID
US07-1022588
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Mesa, AZZoning 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
Source
code of ordinances
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Apache Trail 8315 LLC
Entity
Mailing address
2202 E UNIVERSITY DR STE #1, PHOENIX, AZ 85034-6810
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2015
$767,600
Apache Trail 8315 LLC
Mg Ventures LLC
Grant Deed
$620,000 · Ks Statebank
Feb 22, 2013
$410,000
Mg Ventures LLC
Chang Samuel S
Trustees Deed
—
Jan 8, 2013
—
Sigurvegaritekurallt LLC
Dexter Liquidating Trust
Quit Claim Deed
related
—
Sep 9, 2009
—
Dexter Liquidating Trust
Owner Name Unavailable
Grant Deed
related
—
Aug 24, 2004
—
8315 E Apache Trail LLC
Anmp 74th Street LLC
Quit Claim Deed
related
—
Oct 19, 2001
—
Fiducial Xing Corporate
5110 Central Ave LLC
Quit Claim Deed
related
—
Aug 19, 1993
$325,000
8315,east Apache Trail LLC
General Financia
Grant Deed
$200,000 · Mortgage Ltd
Nov 5, 1992
$335,000
General Financial Services INC
Coury
Trustees Deed
related
—
Aug 11, 1989
$900,000
Dean Miller
—
Deed Of Trust
related
—
—
—
Mg Ventures LLC
—
Deed Of Trust
related
$900,000 · Arizona Bank & Trust
—
—
Corporate Fiducial Services
—
Deed Of Trust
related
$500,000 · Vast Resources INC
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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