Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8759 Starfire Ave Mesa, AZ 85212

    • Warehouses
    • 102,842 SF
    • 41.21 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1720337
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 8759 Starfire Ave

    Year built
    2022
    Lot size
    41.21 lot acres
    Property size
    102,842 SF
    Property type
    Warehouses
    APN
    304-31-044C
    APU
    30431044C

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $137,272,000
      Market price range: $15.2M - $137M
      AI Estimate
      $137,272,000
      Market price range: $15.2M - $137M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.643
    Latitude
    33.3272
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,812
    $0.00
    $0.00
    $4,259,336
    -
    $5,288,600
    $20,765,949
    $26,054,549

    Comparable in this City

    • Value Estimation by Request
      34,483 SF

      19349 Germann Rd

      Life science properties • 34,483 SF
      19349 Germann Rd, Mesa, AZ 85212
      View Details
    • Value Estimation by Request
      25,604 SF

      8607 Pecos Rd

      WAREHOUSE, STORAGE • 25,604 SF
      8607 Pecos Rd, Mesa, AZ 85212-6571
      View Details
    • Value Estimation
      $29,350,000
      37,606 SF

      8607 Pecos Rd

      WAREHOUSE, STORAGE • 37,606 SF
      8607 Pecos Rd, Mesa, AZ 85212-6571
      View Details
    • Value Estimation
      $29,350,000
      37,606 SF

      8607 Pecos Rd

      WAREHOUSE, STORAGE • 37,606 SF
      8607 Pecos Rd, Mesa, AZ 85212-6571
      View Details
    • Value Estimation
      $26,160,000
      19,600 SF

      6711 Mtn Rd

      WAREHOUSE, STORAGE • 19,600 SF
      6711 Mtn Rd, Mesa, AZ 85212-7902
      View Details
    • Value Estimation
      $15,170,000
      64,000 SF

      2862 Signal Butte Rd

      MINI-WAREHOUSE, STORAGE • 64,000 SF
      2862 Signal Butte Rd, Mesa, AZ 85212-2443
      View Details

    Similar Nearby for Sale

    • $650,000
      3,600 SF

      Mesa Hangar with High Door

      60x60 ft hangar for airplane storage with seller financing.
      5655 S Sossaman Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing

      Modern Industrial Building Near Airport

      New 24,945 SF industrial building near Phoenix Mesa Gateway Airport.
      8817 E Pecos Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing

      Mesa Warehouse with Spec Suite

      4,084 SF spec suite available in Mesa, Arizona.
      9062 E Ray Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      41,527 SF

      Mesa Warehouse Space Available

      54,574 SF warehouse with multiple grade doors for lease.
      7722 E Velocity Way, Mesa, AZ 85212
      View Details
    • Contact for pricing

      Mesa Service Facility with Yard

      5,221 SF Mesa facility with warehouse, offices, and yard.
      6926-6938 Pkwy East, Mesa, AZ 85212
      View Details
    • Contact for pricing
      44,244 SF

      Mesa Warehouse with High Power

      45,398 SF warehouse with 2,000 AMP power in Mesa.
      6459 S Sossaman Rd, Mesa, AZ 85212
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mesa Industrial Space Available

      74,030 SF industrial building with Loop 202 visibility.
      7535 E Ray Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      144,797 SF

      Mesa Warehouse with Truck Courts

      Warehouse space featuring secure truck courts and dock high loading.
      6946 E Elliot Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      58,000 SF

      Mesa Warehouse and Distribution Space

      Available warehouse and distribution spaces ranging from 13,440 to 180,000 SF.
      4500 E Warner Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      124,594 SF

      Mesa Warehouse Space Available

      Warehouse, industrial, and distribution property at 8945 East Elliot Road.
      8945 East Elliot Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      83,380 SF

      Mesa Industrial Space For Lease

      Industrial spaces available in Mesa, Arizona, with convenient highway access.
      8305 E Sebring Ave, Mesa, AZ 85212
      View Details
    • Contact for pricing

      Mesa Warehouse Space Available

      67,766 SF warehouse space for lease in Mesa, Arizona.
      7836 E Pecos Rd, Mesa, AZ 85212
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8759 Starfire Ave
    Mesa, AZ 85212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!