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Property profile & analytics
FOR LEASE
Strip malls
8601-8615 E Main St Mesa, AZ 85207
Entity Owned
Free & Clear
Property ID
US07-1286172
For Lease
1 / 3
$2,320,000
8601-8615 E Main St, Mesa, AZ 85207
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1961
Construction
CONCRETE
Total area
9,301 SF
Lot
2.82 ac (122,890 SF)
Zoning code
C-3
APN
218-44-003D
UPID
US07-1286172
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
-
Bitcoin ATM Mesa - Coinhub Atm Currency Exchange Service
-
A & M Market Grocery & Convenience Store
-
Coinsource Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.41M
Blend (final)
Blend
$2.32M
Owner & transaction history
Apache Oaks Shopping Center LLC
Apache Oaks Shopping Center LLC
since 2025
7 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
NEIGHBORHOOD: SHOPPING CENTER
$2,895,000
Current use
RETAIL STORES
$2,440,000
Change: -16% · Conversion: Easy
MEDICAL BUILDING
$2,435,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±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
$249 / 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
$18,723
Tax year 2022
Assessed value
$263,214
Assessed 2024
Previous assessed
$229,653
+14.6% YoY
Effective rate
7.11%
On assessed value
Land market value
$669,500
Improvement market value
$925,734
Total market value
$1,595,234
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1961
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
9,301 SF
Lot
2.82 ac (122,890 SF)
Zoning code
C-3
APN
218-44-003D
UPID
US07-1286172
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.9M
RETAIL STORES
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL BUILDING
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
1961
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.82 ac
Current owner
From public records · entity-resolved
Apache Oaks Shopping Center LLC
Entity
Free & Clear · 0 yrs held
Mailing address
23300 TELEGRAPH RD, SOUTHFIELD, MI 48033-4120
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
—
Apache Oaks Shopping Center LLC
Sunset Resort Mobile Home & Rv Park
Special Warranty Deed
—
May 19, 2025
—
Sunset Resort Mobile Home & Rv Park
—
Deed
related
$4,585,000 · Goldwater Bank NA
Apr 17, 2019
$18,000,000
Sunset Resort Mhp LLC
Sunset Resort Mobile Home
Grant Deed
related
$6,000,000 · Miscellaneous Ins Co
Jan 27, 2012
—
Sunset Resort Mobile Hm & Rv P
—
Grant Deed
related
$6,000,000 · Miscellaneous Ins Co
Jun 20, 2002
$9,350,000
Resort Mobile Home Sunset
Sunset Management Group LLC
Grant Deed
related
$575,000 · Abeyta Trust
Jul 10, 1996
$9,175,000
Sunset Management Group L L C
Abeyta Family Trust
Grant Deed
related
$7,675,000 · Seller
May 25, 1994
—
Ben F Ivy
Ivy
Quit Claim Deed
related
—
Sep 7, 1988
$7,300,000
Leo R Abeyta
—
Deed Of Trust
related
—
Aug 1, 1988
$7,300,000
Fidelity Nationa
8615
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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