7561 Baseline RdMesa, AZ 85209

Property Details for 7561 Baseline Rd

Year built

1998

Construction

CONCRETE

Lot size

2.10 AC

Property size (Sq ft)

16,800 SF

Zone code

LC

Property type

Retail space

APN

304-05-980A

APU

30405980A

Description

This exceptional 17,122-square-foot industrial building presents a unique owner/user opportunity in Mesa, Arizona's thriving East Valley submarket. Located at 7561 E Baseline Rd, 85209, this property boasts a versatile design suitable for distribution, warehouse, or manufacturing operations. Built in 1998 and extensively renovated in 2021, the building is in excellent condition and ready for immediate occupancy. The property features a high 18-foot ceiling clearance, providing ample vertical space for storage and operations. Convenient loading is ensured with one loading dock. The property is zoned LC, offering flexibility for various industrial uses. Offered at $4,950,000, this sale-leaseback opportunity allows for immediate capital release while maintaining operational control. The property's strategic location in Maricopa County provides easy access to major transportation arteries, enhancing logistical efficiency. This is an ideal investment for businesses seeking a modern, well-maintained facility in a prime East Valley location. Don't miss this chance to acquire a high-quality industrial asset with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $7,828,928

  6.5%

  $7,226,702

  7%

  $6,710,509

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,550,155

  Geo Method

  $9,550,155

• Alternative Use

  Use

  Valuation

  Residential

  $6,095,994

  Hospitality

  $5,583,898

  Educational

  $4,645,737

  Medical

  $4,805,511

  Retail

  $7,226,702

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.3787

Longitude

-111.668

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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