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    Property profile & analytics

    9259 Ray Rd Mesa, AZ 85212

    • Drive through restaurants
    • 4,598 SF
    OFF-MARKET
    Value Estimation
    $3,545,000
    Last Sale
    Apr 26, 2023
    $3,625,000
    Location Intelligence
    Property ID
    US07-0719677
    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

    • Chipotle Mexican Grill / Mexican Restaurant / Caterer

    Property Details for 9259 Ray Rd

    Year built
    2022
    Property size
    4,598 SF
    Property type
    Drive through restaurants
    APN
    313-25-867A
    APU
    31325867A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,560,000
      6.5%
      $3,915,000
      7%
      $3,355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,600,000
      Geo Method
      $3,190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,785,000
      Retail
      $3,275,000
      Mixed-Use
      $4,085,000
      Hospitality
      $3,400,000
      Educational
      $3,445,000
      Residential Income
      $3,810,000
      Energy
      $3,180,000
      Income-Based Land
      $3,415,000
      Food Service
      $4,005,000

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6352381
    Latitude
    33.3211102
    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
    $1,408
    $0.00
    $0.00
    $228,146
    -
    $522,300
    $860,402
    $1,382,702

    Comparable in this City

    • Value Estimation by Request
      4,606 SF

      9225 Cadence Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,606 SF
      9225 Cadence Pkwy, Mesa, AZ 85212-1248
      View Details
    • Value Estimation by Request
      3,205 SF

      8355 Guadalupe Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,205 SF
      8355 Guadalupe Rd, Mesa, AZ 85212-9630
      View Details
    • Value Estimation by Request
      3,420 SF

      10726 Guadalupe Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,420 SF
      10726 Guadalupe Rd, Mesa, AZ 85212
      View Details
    • Value Estimation
      $3,395,000
      2,717 SF

      9113 Guadalupe Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,717 SF
      9113 Guadalupe Rd, Mesa, AZ 85212-2146
      View Details
    • Value Estimation
      $285,000
      1,541 SF

      2848 Signal Butte Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,541 SF
      2848 Signal Butte Rd, Mesa, AZ 85212-2443
      View Details
    • Value Estimation by Request
      3,458 SF

      2836 Signal Butte Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,458 SF
      2836 Signal Butte Rd, Mesa, AZ 85212-2443
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,300 SF

      Retail and Drive-Thru Opportunities

      Retail and drive-thru spaces available in mixed-use development.
      8144 E Elliot Rd, Mesa, AZ 85212
      View Details
    • $3,533,000
      2,574 SF

      New Starbucks with Drive-Thru

      New single-tenant Starbucks with drive-thru in Mesa, Arizona.
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      Fast Food Pads: Sale, Lease, BTS
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      Mixed-Use Development Opportunity

      New ±11.6 acre mixed-use development for sale.
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    • $2,433,264
      2,550 SF

      East Guadalupe Road Jiffy Lube

      Jiffy Lube near 202 freeway with strong tenant.
      9257 E Guadalupe Rd, Mesa, AZ 85212
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    Similar Nearby for Lease

    • Contact for pricing
      3,300 SF

      Drive-Thru or Endcap Space Available

      Freestanding drive-thru or endcap space for lease or ground lease.
      8108 E Elliot Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      267,854 SF

      Prime Mesa Retail Center

      High-traffic location, multiple suites available
      SR-24 Swc, Mesa, AZ 85212
      View Details
    • Contact for pricing
      2,340 SF

      Restaurant Space Near Morrison Ranch

      Second generation restaurant space with fully built-out kitchen available.
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      Mesa Retail Land Opportunity

      Prime 1-acre commercial lot for lease.
      3547 Power Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
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      Eastmark Retail Shops For Lease

      Mesa, AZ Retail Space Available
      0 Elliot Rd & Ellsworth Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      7,300 SF

      Retail Space Near Gateway Airport

      Retail space available near Phoenix-Mesa Gateway Airport.
      8116 E Elliot Rd, Mesa, AZ 85212
      View Details

    Property Visit Statistics

    • Visits by month
      10.1k
    • Visitors by month
      8.8k
    • Avg Time on site
      19 min
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    9259 Ray Rd
    Mesa, AZ 85212
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    Realmo Value Estimation

    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.

    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.

    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
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