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    1550 University Dr Mesa, AZ 85203

    Sponsored
    For Sale
    $175,000

    Turnkey Office Space, Excellent Condition

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 175,000 USD commercial property, located at 1550 E UNIVERSITY Drive Unit O-2, Mesa, AZ, presents a fantastic opportunity for businesses seeking a move-in ready office space. Situated on a 0.03-acre lot, this "Other" type property boasts 4 individual office rooms, perfect for a variety of business configurations. A dedicated conference room provides a professional setting for meetings and presentations, while a separate storage room offers ample space for supplies and equipment. The property has undergone recent renovations, including new carpeting, paint, blinds, and energy-efficient LED lighting throughout. Each office and the exterior of three entrances are equipped with security camera hookups, ensuring a secure environment. Data drops are conveniently located in every room for seamless connectivity. A shared restroom in the common area adds to the convenience. Ample parking is available for employees and clients. The property's prime location offers easy access to downtown Mesa, just 5 minutes away, providing excellent visibility and convenient access to local amenities and transportation routes. This turnkey solution eliminates the need for extensive renovations, allowing businesses to focus on operations immediately. This is an ideal space for a small to medium-sized business seeking a well-maintained and functional office environment in a highly desirable location.

    Property Features for 1550 University Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,307 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Myo Partners Massage Therapist Nogi Electric Electrician East Valley Substance ... Rehabilitation Center Woods Fred E Architect Abrio Home Care ... Home Health Care Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7969
    Latitude
    33.42325

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Office Space, Excellent Condition
    Where is this commercial real estate located?
    The property is located at 1550 University Dr Mesa, AZ.
    What is the asking price?
    The asking price for this property is $175,000.
    (480) 526-5644
    Request Owner's contact information
    1550 University Dr Mesa, AZ 85203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1550 University Dr Mesa, AZ 85203
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