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    1040 Broadway Rd Mesa, AZ 85210

    For Sale
    $800,000

    Prime commercial space, high visibility, 0.37 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 1040 W BROADWAY Road Unit 1040 in Mesa, Arizona, presents a unique investment opportunity. Situated on a prominent 0.37-acre lot along a high-traffic thoroughfare, this property boasts unparalleled visibility and accessibility, making it an ideal location for a diverse range of commercial ventures. Previously utilized as a restaurant, the building is offered as-is, providing a blank slate for a prospective buyer to customize and develop according to their specific business needs. The property's strategic location ensures high foot traffic and excellent exposure to potential customers. The substantial lot size offers ample space for expansion, outdoor seating, or additional parking, depending on the intended use. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Mesa, Arizona, offering significant potential for growth and return on investment. The asking price is $800,000. Serious inquiries are encouraged. The square footage of the building is not currently available.

    Property Features for 1040 Broadway Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1974
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bahia De Kino Mexican Restaurant Progressive Car Insurance Auto Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8536
    Latitude
    33.40796

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    FAQs

    What type of property is this?
    Commercial real estate - Prime commercial space, high visibility, 0.37 acres.
    Where is this commercial real estate located?
    The property is located at 1040 Broadway Rd Mesa, AZ.
    What is the asking price?
    The asking price for this property is $800,000.
    (623) 551-8040
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    1040 Broadway Rd Mesa, AZ 85210
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    Mesa, AZ 85210
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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
    1040 Broadway Rd Mesa, AZ 85210
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