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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Assisted living facilities
9138 Dennis St, Mesa, AZ 85207-6008
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-1267098
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1988
Construction
CONCRETE BLOCKS
Total area
6,343 SF
Lot
1.05 ac (45,869 SF)
Zoning code
RU-43
APN
218-07-692
UPID
US07-1267098
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
-
Mon Ami Group Home Rehabilitation Center Care Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.18M
Owner & transaction history
The Renew Group LLC · 2 yrs held
The Renew Group LLC
since 2024
7 recorded transactions
Zoning & alternative use
RU-43 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.7M
+45.4%
Medical building
$1.7M
+45.3%
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,145,000
Current use
RETAIL STORES
$1,665,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$1,660,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$1,090,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±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
$185 / 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
$5,928
Tax year 2023
Assessed value
$129,030
Assessed 2024
Previous assessed
$129,030
+0.0% YoY
Effective rate
4.59%
On assessed value
Land market value
$258,000
Improvement market value
$1,032,300
Total market value
$1,290,300
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
10
Total area
6,343 SF
Lot
1.05 ac (45,869 SF)
Zoning code
RU-43
APN
218-07-692
UPID
US07-1267098
Jurisdiction
MARICOPA
Zoning & alternative use
RU-43 · Mesa, AZ
Zoning RU-43 · permitted uses
RU-43 · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.1M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
10
Lot
1.05 ac
Current owner
From public records · entity-resolved
The Renew Group LLC
Entity
Free & Clear · 2 yrs held
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
—
The Renew Group LLC
Vesper Properties LLC
Warranty Deed
—
Mar 3, 2023
—
9138 Dennis LLC
Kp National Equity LLC
Warranty Deed
—
Mar 3, 2023
$975,000
Vesper Properties LLC
9138 Dennis LLC
Warranty Deed
$780,000 · Sierra Resource LLC
Dec 27, 2019
—
9138 Dennis LLC
Kp Natl Equity LLC
Quit Claim Deed
related
—
Oct 24, 2017
$670,400
Kp Natl Equity LLC
Horwitz Ronald M|walker,bianca
Trustees Deed
related
—
Oct 6, 2017
—
Alvin J Bernard-robinson
Walker,bianca
Quit Claim Deed
related
—
Dec 9, 2016
$1,100,000
Bianca Walker
Jackson,philip C
Warranty Deed
$825,000 · Kp National Equity LLC
Jun 17, 2016
$600,000
Philip C Jackson
Rising Phoenix Group LLC
Warranty Deed
$480,000 · Azben Limited LLC
Jun 14, 2016
$490,000
Rising Phoenix Group LLC
Dina L Anderson
Deed
$425,000 · Sound Capital LLC
Feb 13, 2007
$525,000
Manuel G Pardo
Arlene Joyce Boggs
Warranty Deed
$420,000 · Citimortgage 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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