1231 W BASELINE Road, Mesa, AZ 85202, Mesa AZ 85202
Great location for a retail business. You can either buy the building and retain tenants (6%) Cap rate, or use as owner user. Presently a restaurant and barber shop. Stand alone building with drive through for the restaurant. Good lighting, tile floors, bright and inviting furniture, and remodeled in 2022. This is a very busy area.
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Mesa
This property is offered at $486 per square foot, compared with a $8 median for active listings without a reported bedroom count in Mesa. Its asking price falls near the 90th percentile of that active group. The comparison uses 151 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $251,450, and the median is $241 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1331 W BASELINE Road 348, Mesa, AZ 85202 | May 7, 2026 | 2 bd · 1,188 sqft | $227,900 | 0.1 mi |
| 1302 W KEATS Avenue, Mesa, AZ 85202 | May 15, 2026 | 3 bd · 1,218 sqft | $400,000 | 0.1 mi |
| 1331 W BASELINE Road 237, Mesa, AZ 85202 | Aug 27, 2026 | 2 bd · 1,196 sqft | $225,000 | 0.1 mi |
| 1331 W BASELINE Road 225, Mesa, AZ 85202 | May 26, 2026 | 3 bd · 1,632 sqft | $275,000 | 0.2 mi |
| 1430 W KEATS Avenue, Mesa, AZ 85202 | Sep 15, 2026 | 3 bd · 1,212 sqft | $448,013 | 0.2 mi |
| 1331 W BASELINE Road 110, Mesa, AZ 85202 | May 29, 2026 | 2 bd · 1,152 sqft | $219,000 | 0.2 mi |
| 1252 W Kilarea Avenue, Mesa, AZ 85202 | Sep 17, 2026 | 3 bd · 1,646 sqft | $485,000 | 0.2 mi |
| 1942 S EMERSON Street 112, Mesa, AZ 85210 | Jun 8, 2026 | 1 bd · 654 sqft | $190,000 | 0.2 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $1,999,999 · Active
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