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Property profile & analytics
OFF-MARKET
Commercial land
8830 Germann Rd 151 Mesa, AZ 85212-5517
Entity Owned
12-yr Hold
Free & Clear
Property ID
US07-2120436
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.12 ac (5,073 SF)
Zoning code
I-1
APN
304-62-769
UPID
US07-2120436
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
-
Primerica - April Hill Financial Advisor
-
Strategic Staffing & Supply Employment Agency
-
Citizen Potawatomi Nation Association Or Organization
-
Cedarhurst Counseling Counselor
-
ONE Networking Business Networking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southgate North LLC · 12 yrs held
Southgate North LLC
since 2014
5 recorded transactions
Zoning & alternative use
I-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$115
Tax year 2023
Assessed value
$7,005
Assessed 2024
Previous assessed
$5,940
+17.9% YoY
Effective rate
1.64%
On assessed value
Land market value
$46,700
Total market value
$46,700
Applied tax rate
951,007.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.12 ac (5,073 SF)
Zoning code
I-1
APN
304-62-769
UPID
US07-2120436
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Mesa, AZZoning I-1 · permitted uses
I-1 · 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
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Southgate North LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1401 E WELDON AVE, PHOENIX, AZ 85014-5134
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2014
$75,000
Southgate North LLC
Southgate Indl Park LLC
Grant Deed
—
Jan 7, 2014
$300,000
Southgate Indl Park LLC Ll
Petersen,kevin D
Grant Deed
—
Dec 6, 2013
—
Kevin D Petersen
Premier Bank Of Jefferson City
Grant Deed
related
—
May 6, 2010
—
Premier Bk
Towne Bk Of Az
Grant Deed
related
—
Nov 4, 2009
$801,000
Towne Bk Of Az
Berger Steven N
Trustees 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.
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