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    Loop 202 & Elliot Rd Mesa, AZ 85212

    For Sale
    Contact for pricing

    Prime retail space in Mesa, AZ, near major freeway.

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    304
    This exceptional 0.9-acre retail property boasts a highly desirable location at the northeast corner of Loop 202 and Elliot Road in Mesa, Arizona, zip code 85212. Situated within Maricopa County and zoned LC, City of Mesa, this site offers unparalleled access to the Santan Freeway and benefits from significant improvements along the heavily trafficked Elliot Road arterial. This provides quick and convenient access to thriving nearby communities including Eastmark, Stratford Estates, and Highland Ridge. The property is strategically located within Mesa's "Smart Location" Elliot Road Technology Corridor, a hub for high-tech manufacturers and data centers, encompassing over 1,000 acres of development-ready land and home to prominent companies such as Apple, Niagara Bottling, and EdgeCore. The area experiences robust residential growth, with Eastmark's continued expansion to include up to 12,000 homes upon completion, and Cadence adding another 1,500 single-family homes. Further fueling this growth, D.R. Horton recently acquired 2,800 acres at Meridian and Elliot Road, and Mesa approved the 1,100-acre mixed-use Hawes Crossing project. This strong residential growth is supported by a robust median household income exceeding $102,673 within a three-mile radius, creating a significant consumer base for retail businesses. This presents a unique investment opportunity in a rapidly expanding and affluent area.

    Property Features for 0 Loop 202 & Elliot Rd

    General Information

    Property type
    Retail properties
    Lot Size
    39,204 SF

    HighLights

    • Retail property located at Loop 202 & Elliot Rd, Mesa, AZ 85212.
    • Excellent access to Santan Freeway and high‑traffic Elliot Road, providing convenient access to nearby communities.
    • Situated within Mesa's Elliot Road Technology Corridor, a prime location for high‑tech businesses, including Apple, Niagara Bottling, and EdgeCore.
    • Surrounded by significant residential growth, including Eastmark (up to 12,000 homes), Cadence (1,500 homes), and planned developments like Hawes Crossing (1,100 acres).
    • Strong demographics, with median household incomes exceeding $102,673 within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6469724
    Latitude
    33.3921818

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    FAQs

    What type of property is this?
    Retail property - Prime retail space in Mesa, AZ, near major freeway.
    Where is this retail property located?
    The property is located at Loop 202 & Elliot Rd Mesa, AZ.
    What are key features of this property?
    This property features: Retail property located at Loop 202 & Elliot Rd, Mesa, AZ 85212.; Excellent access to Santan Freeway and high-traffic Elliot Road, providing convenient access to nearby communities.; Situated within Mesa's Elliot Road Technology Corridor, a prime location for high-tech businesses, including Apple, Niagara Bottling, and EdgeCore.
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    Loop 202 & Elliot Rd Mesa, AZ 85212
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    Mesa, AZ 85212
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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
    Loop 202 & Elliot Rd Mesa, AZ 85212
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