MakeMe Estimate: $4.5M (estimated market value), with a likely range of $3.6M to $5.34M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $3,261,639 times a 1.38 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Mesa, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 8 comparable sales within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $3,900,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 8 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Mesa
median verified sale $268.13/SF over the trailing 24 months; 54 sales in the last 12 months and 111 in 24 (newest verified sale 2026-04); the middle 80% of recent sales traded at 0.80x to 2.41x their county full cash value, median 1.38x (109 sales with usable county values).
2022: $302.66/SF median (54 sales)
2023: $217.71/SF median (43 sales)
2024: $243.31/SF median (45 sales)
2025: $288.31/SF median (61 sales)
2026 YTD: $261.64/SF median (12 sales)
This estimate sits at 1.38x county full cash value, the 50th percentile of those recent sale premiums.
Computed from 849 verified arm's-length sales in Maricopa County public records (111 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-03-01 for $3,900,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-03-01: $3,900,000 from Mesa Pavilions Retail LLC to Imagine Mesa Pavillions LLC, rec. 220375054
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $3,238,293 (2026) to $3,261,639 (2027), up 1% over 1 years, per county tax rolls. The 2027 roll splits $3,261,639 into $1,358,824 land and $1,902,814 improvements.