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    1027 Broadway Rd Mesa, AZ 85204

    Sponsored
    For Sale
    $550,000

    5-Room Office, Gated Parking, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5-room commercial property presents a unique investment or business opportunity in desirable Mesa, Arizona. Situated on a coveted 0.24-acre corner lot, this property is zoned R-4 Commercial, allowing for a variety of small office uses. The interior boasts a welcoming reception area, perfect for client interaction, along with dedicated computer and conference rooms for efficient workflow. A well-equipped kitchen and a bathroom with a shower add to the property's functionality and convenience. Stylish wood-look tile flooring runs throughout, creating a modern and professional atmosphere. Security is enhanced by a gated parking area, providing peace of mind for both employees and clients. Currently vacant, this property is ready for immediate occupancy and offers an ideal layout for a variety of office uses. Two included storage containers offer ample space for equipment or inventory. The roof is new, eliminating immediate maintenance concerns. This prime location and versatile space make this property an attractive investment, offering high potential for return. The property's combination of functionality, security, and location makes it an exceptional opportunity in the thriving Mesa market.

    Property Features for 1027 Broadway Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    German Roofing Roofing Contractor

    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
    -111.8088
    Latitude
    33.40765

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    FAQs

    What type of property is this?
    Commercial real estate - 5-Room Office, Gated Parking, High Potential
    Where is this commercial real estate located?
    The property is located at 1027 Broadway Rd Mesa, AZ.
    What is the asking price?
    The asking price for this property is $550,000.
    (480) 540-2213
    Request Owner's contact information
    1027 Broadway Rd Mesa, AZ 85204
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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
    1027 Broadway Rd Mesa, AZ 85204
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