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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Retail space
899 Southern Ave Mesa, AZ 85204-5005
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US07-0404478
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
CONCRETE
Total area
5,689 SF
Lot
0.58 ac (25,439 SF)
Zoning code
C-G
APN
139-14-004L
UPID
US07-0404478
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
-
Bear Mountain (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$728k
Blend (final)
Blend
$725k
Owner & transaction history
Bear Mountain Properties INC · 27 yrs held
Bear Mountain Properties INC
since 1999
7 recorded transactions
Zoning & alternative use
C-G · 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
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$127 / 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
$5,548
Tax year 2023
Assessed value
$92,354
Assessed 2024
Previous assessed
$79,611
+16.0% YoY
Effective rate
6.01%
On assessed value
Land market value
$328,200
Improvement market value
$231,523
Total market value
$559,723
Applied tax rate
41,000.0000
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
1958
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
5,689 SF
Lot
0.58 ac (25,439 SF)
Zoning code
C-G
APN
139-14-004L
UPID
US07-0404478
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Mesa, AZ
Zoning C-G · permitted uses
C-G · 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.
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Bear Mountain Properties INC
Entity
Mailing address
1125 N PEPPERTREE DR, GILBERT, AZ 85234-4955
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 1999
$207,500
Bear Mountain Properties INC
Vinson Trust
Grant Deed
$185,082 · Rocky Mountain Bank
May 6, 1997
—
John C Vinson Family Trust
John C & Taeko Vinson
Quit Claim Deed
related
—
Aug 14, 1996
—
John C Vinson
John C & Taeko Vinson
Quit Claim Deed
related
—
Apr 27, 1994
$45,000
John C Vinson
Chicago Title In
Grant Deed
—
Sep 21, 1993
$90,000
Chicago Title Insurance Company
Bergman
Trustees Deed
—
Jun 16, 1993
—
Chicago Title Insurance Co
National Credit
Grant Deed
related
—
Nov 13, 1992
—
National Credit Union Share Insu
Bergman
Grant Deed
related
—
—
—
Bear Mountain Properties INC
—
Deed Of Trust
related
$42,940 · Heights Properties LLP
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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