$1,500,000

625 W Southern Ave Mesa, AZ 85210

West Central Mesa Neighborhood

Estimated payment $8,875/month

Total Views 817
-- Bed
-- Bath
5,167 Sq Ft
$290 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • Wood Flooring
  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Community Kitchen
  • Partially Fenced Property

About This Home

Great income producing property zoned OC with a CAP Rate of 5.86% for the life of the current 84-month NNN Lease! The current Tenant is into their 3rd year of their lease and (2) 5yr extensions are available, each at a market rent rate determined at the time of renewal. The current Tenant acts as the property manager. If you are looking for an office building to occupy as an owner/operator, the Tenant is willing to terminate the lease and relocate. Excellent frontage to Southern Ave. Do not disturb the current tenant.

Listing Agent

Robert Kapelke

American Realty Brokers License #SA516215000 Listed on: 06/24/2025

American Realty Brokers

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,947

Year Built

  • Built in 1973

Lot Details

  • 0.44 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned OC

Home Design

  • 5,167 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 134-22-004-W

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Net Operating Income $82,750

Property Details

Property Type

Other

Est. Annual Taxes

$7,947

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Southern and Country Club
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2024
  • Directions: From the intersection of Southern Ave. and Country Club go west on Southern to property on left
  • Lot Size Acres: 0.44
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: W
  • Construction Brick: Yes
  • Electric 220: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile, Vinyl, Wood
  • Living Area: 5167.0

Exterior Features

  • Fencing: Block, Partial
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Brick
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: 220 Volts, SRP
  • Cooling: Central Air
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 19341.0
  • Parcel #: 134-22-004-W

Multi Family

  • Property Net Operating Income: 82750.0

Tax Info

  • Tax Annual Amount: 7947.0
  • Tax Book Number: 134.00
  • Tax Lot: 0
  • Tax Map Number: 22.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,947 $78,510 -- --
2024 $8,255 $77,108 -- --
2023 $8,255 $112,948 $51,986 $60,962
2022 $8,322 $121,766 $60,883 $60,883
2021 $8,664 $110,466 $62,622 $47,844
2020 $8,551 $90,540 $64,008 $26,532
2019 $7,990 $81,630 $57,672 $23,958
2018 $7,668 $78,066 $48,420 $29,646
2017 $7,440 $70,776 $44,820 $25,956
2016 $7,301 $56,934 $40,032 $16,902
2015 $7,708 $60,903 $28,324 $32,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $1,500,000 -- $290 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,275,000 Premier Title
Special Warranty Deed $412,000 American Title Service Agenc
Warranty Deed $710,000 Fidelity National Title
Interfamily Deed Transfer -- Title Guaranty Agency Of Az
Warranty Deed $700,000 Title Guaranty Agency
Warranty Deed -- Old Republic Title Agency
Warranty Deed -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $866,000 FHA
Closed $866,000 FHA
Previous Owner $474,000 Commercial
Previous Owner $639,000 Commercial
Previous Owner $250,000 Credit Line Revolving
Previous Owner $300,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6884307

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-22-004W

Arizona Maricopa County Mesa 85210 West Central Mesa

625 W Southern Ave, Mesa, AZ

This home is located at 625 W Southern Ave, Mesa, AZ 85210 and is currently priced at $1,500,000, approximately $290 per square foot. This property was built in 1973. 625 W Southern Ave is a home located in Maricopa County with nearby schools including Redbird 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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Robert Kapelke
Listing Agent
Robert Kapelke
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American Realty Brokers
(602) 777-0456