625 W SOUTHERN Avenue, Mesa, AZ 85210, Mesa AZ 85210
Great income producing property zoned OC with a current CAP Rate of 5.95%. This is a TRUE NNN Lease! Current lease includes a 3% annual rent increase and also includes (2) optional 5yr extensions, 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.
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 $251 per square foot, compared with a $15 median for active listings without a reported bedroom count in Mesa. Its asking price falls near the 81st percentile of that active group. The comparison uses 154 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 $411,750, and the median is $310 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 |
|---|---|---|---|---|
| 644 W Garnet Avenue, Mesa, AZ 85210 | Jul 15, 2026 | 3 bd · 1,324 sqft | $397,000 | 0.1 mi |
| 538 W Flower Avenue, Mesa, AZ 85210 | Jun 3, 2026 | 3 bd · 1,300 sqft | $420,000 | 0.2 mi |
| 712 W FRITO Avenue, Mesa, AZ 85210 | Jun 4, 2026 | 3 bd · 1,288 sqft | $410,000 | 0.2 mi |
| 612 W FARMDALE Avenue, Mesa, AZ 85210 | Aug 28, 2026 | 3 bd · 1,347 sqft | $413,500 | 0.2 mi |
| 1435 S DATE, Mesa, AZ 85210 | Jun 30, 2026 | 4 bd · 1,472 sqft | $460,000 | 0.3 mi |
| 560 W EMERALD Avenue, Mesa, AZ 85210 | May 20, 2026 | 4 bd · 1,498 sqft | $475,000 | 0.3 mi |
| 461 W HOLMES Avenue 258, Mesa, AZ 85210 | Jun 15, 2026 | 1 bd · 582 sqft | $158,000 | 0.3 mi |
| 461 W HOLMES Avenue 383, Mesa, AZ 85210 | Apr 8, 2026 | 2 bd · 846 sqft | $195,000 | 0.3 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.
- $1,295,000 · Pending
Continue comparing
Similar active homes in Mesa
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.