Listing Agency: Retail Investment Group LLC b***@srsre.com Show Phone

Listed By: John Toben · License #AZ SA653272000

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 11:46AM

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Investment Insights

Based on property information with market context.

This hard corner commercial land site is offered for sale at 8008 E University Dr in Mesa, AZ. The property is located in a designated HUD DDA under Internal Revenue Code Section 42 and is zoned NC (City of Mesa).

The site is positioned on University Drive and is described as approximately 1 mile west of Loop 202 Red Mountain Freeway. The public remarks also note 23 new housing developments within the trade area, which may be relevant to future commercial demand considerations.

Key Highlights

• Hard corner commercial land on University Drive, about 1 mile west of Loop 202 Red Mountain Freeway
• Located in a designated HUD DDA under Internal Revenue Code Section 42
• Zoned NC in the City of Mesa

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Restaurant Dental Office Real Estate Agency Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

412

Businesses Nearby

Explore this area Business Placement

Demographics for 85207, AZ

50,108

Population

22,747

Households

2.2

Avg Household Size

45

Median Age

36%

College-Educated

92%

High-School Grad

29.4 sq mi

ZIP Area

1,704

Density / Sq Mi

$99,439

Median Household Income

$50,509

Median Earnings

$1,595

Median Rent

$460,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Hard corner commercial land zoned NC in a designated HUD DDA under IRC Section 42.

Where is this commercial land located?

The property is located at 8008 E University Dr Mesa, AZ.

What are key features of this property?

This property features: Hard corner commercial land on University Drive, about 1 mile west of Loop 202 Red Mountain Freeway; Located in a designated HUD DDA under Internal Revenue Code Section 42; Zoned NC in the City of Mesa