NOT LISTED FOR SALE

1911 W Broadway Rd Mesa, AZ 85202

West Central Mesa Neighborhood

Estimated Value: $4,753,167

-- Bed
-- Bath
19,600 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $7,500 $0 Per Sq Ft

Est. 63,276% increase in value since last sale

Current estimated payment $27,756/month

224 Days on Market

About This Home

As of September 2020

• Suite 1-4: Former Turnkey Restaurant: +/- 5,000 SF
• For Lease: $17.00 PSF NNN
• Broadway Road Frontage with up to 30,000 VPD
• Large 2.07 Acre Lot with Plentiful Parking
• Built in 1986
• SEC of Broadway Road & Dobson Road
• Freestanding Retail Center - Almost 100% Occupied
• Easy Access to Loop 101 & Broadway Road Frontage

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 01/31/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1986

Lot Details

  • Property is zoned LI

Home Design

  • 19,600 Sq Ft Home

Parking

  • 40 Open Parking Spaces
  • 40 Parking Spaces
  • Paved Parking

Listing and Financial Details

  • Property Available on 1/31/20
  • The owner pays for (see remarks)
  • Assessor Parcel Number 134-30-001-Y

Property Details

Property Type

Other

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: W Broadway Rd & S Dobson Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: LI
  • Lease Info Annual Lease Price: 85000.0
  • Lease Info Annual Lse Prc P S F: 17.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 5000
  • Year Built: 1986
  • Tax Year: 2019
  • Structure Type: Commercial
  • Tax Parcel Letter: Y
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 19600.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 40.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 134-30-001-Y

Rental Info

  • Available Date: 2020-01-31

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN
  • Leasable Area: 5000.0

Tax Info

  • Tax Annual Amount: 32017.0
  • Tax Book Number: 134.00
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2013
Sold by
Gesink Robert John
Bought by
Gesink Robert John and Posker William J
Current Estimated Value
$4,753,167

Purchase Details

Closed on
May 1, 2001
Sold by
Broadway Dobson Partners
Bought by
Broadway Dobson Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gesink Robert John -- None Available
Broadway Dobson Plaza Llc $1,450,000 Title Guaranty Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadway Dobson Plaza Llc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $7,500 +5.9% $0 / Sq Ft
01/30/2020 01/30/20 For Sale $7,083 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,848 $314,620 -- --
2024 $33,081 $309,002 -- --
2023 $33,081 $508,589 $175,542 $333,047
2022 $33,349 $439,338 $124,635 $314,703
2021 $34,721 $451,008 $128,196 $322,812
2020 $34,268 $429,246 $101,466 $327,780
2019 $32,017 $403,902 $88,470 $315,432
2018 $30,730 $337,356 $94,572 $242,784
2017 $29,813 $252,000 $68,674 $183,326
2016 $29,260 $252,000 $68,674 $183,326
2015 $28,264 $225,811 $69,893 $155,918
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6031234

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-30-001Y

Arizona Maricopa County Mesa 85202 West Central Mesa

1911 W Broadway Rd, Mesa, AZ

This home is located at 1911 W Broadway Rd, Mesa, AZ 85202 since 31 January 2020 and is currently estimated at $4,753,167, approximately $242 per square foot. This property was built in 1986. 1911 W Broadway Rd is a home located in Maricopa County with nearby schools including Adams Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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