$650
SOLD MAY 1, 2025

2855 E Brown Rd Unit 5 Mesa, AZ 85213

The Groves Neighborhood
-- Bed
-- Bath
4,131 Sq Ft
3,983 Sq Ft Lot

Recently Sold

$0 Per Sq Ft

24% Below List Price

191 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of May 2025

Professional office rooms with a beautifully decorated large waiting/common area available for Therapists, Estheticians, Massage Therapists, Life Coaches ect. Each room is ready for your personal decor or landlord has decor packages available. Each room has large beautiful windows and two rooms have their own private entrance. Available Rooms range from $650 to $1,200 a month and are 100 to 320 squ.ft. in size. Lease price includes all utilities, janitorial services, ample parking, and common area usage. The front entryway leads into the tastfully decorated common area with a comfortable and relaxing waiting room for your clients that includes a hot/cold water dispenser, free coffee, microwave, and a unisex bathroom.

Last Agent to Sell the Property

Becky Donaldson

K & R Realty, LLC License #BR530745000 Listed on: 10/22/2024

Last Buyer's Agent

Becky Donaldson

K & R Realty, LLC License #BR530745000 Listed on: 10/22/2024

Property Details

Property Type

  • Other

Year Built

  • Built in 1986

Lot Details

  • 3,983 Sq Ft Lot
  • Additional Parcels
  • Property is zoned C-O

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 4,131 Sq Ft Home
  • Wood Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Brown Road Corporate Center Subdivision
  • Reception Area

Listing and Financial Details

  • Property Available on 10/22/24
  • The owner pays for management, taxes, exterior maintenance, common area maintenance, janitorial service, fire insurance, trash collection, bldg liability ins, sewer, water, electricity
  • Tax Lot 5
  • Assessor Parcel Number 140-06-119

Property Details

Property Type

Other

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Lindsay and Brown
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Lease
  • Zoning: C-O
  • Lease Info Annual Lease Price: 10200.0
  • Lease Info Annual Lse Prc P S F: 91.43
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 350
  • Year Built: 1986
  • Tax Year: 2023
  • Directions: East on Brown, South into Brown Rd Corporate Center
  • Lot Size Acres: 0.09
  • Road Surface Type: Asphalt
  • Subdivision Name: BROWN ROAD CORPORATE CENTER
  • Structure Type: Commercial, Office
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Living Area: 4131.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Parking Lot, Free, Paved
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking Features Free2: Yes
  • Parking Features:Paved: Yes
  • Parking Features Public Parking2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Green Building Features: Reception Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 3983.0
  • Additional Parcels: Yes
  • Parcel #: 140-06-119
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-10-22

Multi Family

  • Owner Pays: Management, Taxes, Exterior Maintenance, Common Area Maintenance, Janitorial Service, Fire Insurance, Trash Collection, Bldg Liability Ins, Sewer, Water, Electricity
  • Existing Lease Type: Gross, Fixed, Deposit Required
  • Leasable Area: 1368.0

Tax Info

  • Tax Annual Amount: 5678.0
  • Tax Book Number: 140.00
  • Tax Lot: 5
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2016
Sold by
Brown Road Venture Llc
Bought by
Edward Mesa Property Llc
Current Estimated Value
$824,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$200,304
Interest Rate
3.61%
Mortgage Type
Commercial
Estimated Equity
$624,219
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $425,000 First Arizona Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $650 0.0% $0 / Sq Ft
12/01/2024 12/01/24 Price Changed $650 -23.5% $0 / Sq Ft
10/22/2024 10/22/24 For Sale $850 -2.9% $0 / Sq Ft
05/31/2014 05/31/14 Sold $875 0.0% $0 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $875 -- $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 $5,466 $54,001 -- --
2024 $5,678 $53,037 -- --
2023 $5,678 $97,427 $19,482 $77,945
2022 $5,724 $87,903 $17,570 $70,333
2021 $5,959 $92,898 $18,576 $74,322
2020 $5,882 $65,556 $13,104 $52,452
2019 $5,495 $61,380 $12,276 $49,104
2018 $5,274 $51,156 $10,224 $40,932
2017 $5,117 $49,410 $9,882 $39,528
2016 $5,022 $48,420 $9,684 $38,736
2015 $4,851 $38,332 $7,659 $30,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6774198

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-06-116