MakeMe Estimate: $23.6M (estimated market value), with a likely range of $18.9M to $28M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $20,237,832 times a 1.17 market ratio, measured from 3891 verified arm's-length sale prices vs county values (office sales in Mesa, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 3 comparable sales within 3 miles; nearest 0.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $17,500,000 in 2024; the estimate is about 35% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 43% above the $131.48/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Office in Mesa
median verified sale $200.39/SF over the trailing 24 months; 30 sales in the last 12 months and 66 in 24 (newest verified sale 2026-04); the middle 80% of recent sales traded at 0.78x to 2.11x their county full cash value, median 1.25x (66 sales with usable county values).
2022: $153.46/SF median (46 sales)
2023: $198.80/SF median (34 sales)
2024: $192.75/SF median (37 sales)
2025: $198.64/SF median (33 sales)
2026 YTD: $284.05/SF median (6 sales)
This estimate sits at 1.17x county full cash value, the 38th percentile of those recent sale premiums.
Computed from 532 verified arm's-length sales in Maricopa County public records (66 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2024-06-01 for $17,500,000 (recorded arm's-length sale).
Current ownership dates to 2024 (about 2 years) per recorded transfers.
2024-06-01: $17,500,000 from 7300 East Hampton LLC to Komico Phoenix LLC, rec. 240440202
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 $21,080,912 (2026) to $20,237,833 (2027), down 4% over 1 years, per county tax rolls. The 2027 roll splits $20,237,833 into $6,176,800 land and $14,061,032 improvements.