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    1423 Higley Rd Mesa, AZ 85206

    For Sale
    $1,200,000

    High-traffic location, updated suites, strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3,600 square foot office condo presents a lucrative investment opportunity or owner-user scenario in the thriving East Mesa, Arizona market. Strategically located on high-traffic Higley Road and near the E 60 Hwy, this property boasts excellent visibility and accessibility. The building has recently undergone updates and is meticulously maintained, offering a pristine and professional environment. The interior comprises ten executive office suites, with two currently vacant and three move-in ready, providing immediate income potential and flexibility for an owner-occupier. A welcoming reception area, well-equipped kitchen, and multiple restrooms cater to both tenants and staff. The thoughtfully designed floor plan allows for adaptable office configurations, making it suitable for a diverse range of businesses. The property sits on a 0.08-acre lot. The listed price is $1,200,000. All provided dimensions and details are approximate

    Property Features for 1423 Higley Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,485 SF

    Building Details

    Year Built
    2000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Preston ... Insurance Agency Entrada Executive Plaza Business Center QUALIFY FIRST/Mortgage Broker, ... Mortgage Lender Probate Law Group Legal Services Dr. Laura Brookham Psychologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.719
    Latitude
    33.38958

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, updated suites, strong rental income.
    Where is this commercial real estate located?
    The property is located at 1423 Higley Rd Mesa, AZ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (480) 649-3536
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    1423 Higley Rd Mesa, AZ 85206
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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
    1423 Higley Rd Mesa, AZ 85206
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