Sign Up Successful!
You now have access to more from Realmo!
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

    9331 Onza Ave Mesa, AZ 85212-1426

    • Assisted living facilities
    • 2,161 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2730482
    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

    • Assisted living facilities

    Property Details for 9331 Onza Ave

    Year built
    1999
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    2,161 SF
    Zone code
    RS-6
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    304-02-432
    APU
    30402432

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.633
    Latitude
    33.3625
    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
    $1,693
    $0.00
    $0.00
    $40,270
    -
    $80,500
    $322,200
    $402,700

    Comparable in this City

    • Value Estimation by Request
      2,167 SF

      9031 Plata Ave

      HOMES (RETIRED, NURSING) • 2,167 SF
      9031 Plata Ave, Mesa, AZ 85212-2821
      View Details
    • Value Estimation by Request
      2,827 SF

      8149 Posada Ave, Unit 4

      HOMES (RETIRED, NURSING) • 2,827 SF
      8149 Posada Ave, Mesa, AZ 85212-1667
      View Details
    • Value Estimation by Request
      2,277 SF

      9837 Tahoe Ave

      HOMES (RETIRED, NURSING) • 2,277 SF
      9837 Tahoe Ave, Mesa, AZ 85212-6449
      View Details
    • Value Estimation
      $500,000
      2,927 SF

      9716 Pampa Ave, Unit 2

      HOMES (RETIRED, NURSING) • 2,927 SF
      9716 Pampa Ave, Mesa, AZ 85212-2007
      View Details
    • Value Estimation by Request
      1,794 SF

      11319 Sandoval Ave

      HOMES (RETIRED, NURSING) • 1,794 SF
      11319 Sandoval Ave, Mesa, AZ 85212-3217
      View Details
    • Value Estimation by Request
      2,326 SF

      8435 Portobello Ave, Unit 3

      HOMES (RETIRED, NURSING) • 2,326 SF
      8435 Portobello Ave, Mesa, AZ 85212-1779
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,000 SF

      Prime Gilbert Retail Investment

      6,000 SF Multi-Use Retail Property
      4760 Germann Rd, Gilbert, AZ 85212
      View Details
    • Contact for pricing
      0.90 Acres

      Mesa Retail Opportunity: High-Traffic Location

      Prime retail space in Mesa, AZ, near major freeway.
      0 Loop 202 & Elliot Rd, Mesa, AZ 85212
      View Details
    • $4,299,000
      1 SF

      Freestanding Industrial Facility For Sale

      9,941 SF industrial facility with secured yards and modern amenities.
      6922 Via E, Mesa, AZ 85212
      View Details
    • $2,850,000
      5,221 SF

      Mesa Service Facility with Yard

      5,221 SF service facility with office, industrial, and yard.
      6926-6938 Parkway Norte E, Mesa, AZ 85212
      View Details
    • Contact for pricing
      111,415 SF

      Mesa Industrial Buildings with Gated Yards

      Class A industrial complex with gated yards in Mesa, Arizona.
      8607 E Pecos Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      35,361 SF

      Mesa End Cap Retail Space

      End cap space in thriving Mesa retail center for sale.
      Swc Hawes Rd & Guadalupe Rd, Mesa, AZ 85212
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mesa Retail Land Opportunity

      Prime 1-acre commercial lot for lease.
      3547 Power Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      130,680 SF

      Mesa Commercial Land: Prime Retail Pads

      Eastmark retail land, high-traffic location.
      0 Williams Fld Rd & Crismon Rd, Mesa, AZ 85212
      View Details
    • Contact for pricing
      13,900 SF

      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
    • Contact for pricing
      124,594 SF

      Mesa Warehouse with Loop 202 Access

      124,594 SF warehouse with Loop 202 visibility and access.
      8945 E Peterson Ave, Mesa, AZ 85212
      View Details
    • Contact for pricing
      66,800 SF

      Mesa Office Space Available

      Office space for rent at State Route 24 and Ellsworth.
      24 And Ellsworth 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.
    9331 Onza Ave
    Mesa, AZ 85212-1426
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.