Shovel-Ready Residential Development
For Sale
Contact for pricing
Pending
17 W University Dr, Mesa, AZ 85201
Shovel-ready development site with approved plans for 94 apartments in Mesa’s Downtown Innovation District and Opportunity Zone.
Property SizeContact for details
Days on Market123
Property Features for 17 W University Dr
General Information
Standard status
Pending
Property subtype
Land
Additional Details
Opportunity Zone
Yes
Multifamily Units
94
Listing Agency:
ABI Multifamily LLC
(602) 639-0088
Listed By:
John Klocek · License #AZ SA657592000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ABI Multifamily LLC
Investment Insights
Based on property information with market context.
A shovel-ready residential development opportunity is available at 17, 31, and 37 West University, located within the Downtown Mesa Innovation District and Opportunity Zone. The approved unit mix consists of 94 units: 46 one-bedroom / one-and-a-half bathroom units and 48 two-bedroom / two-bathroom units. Permits can be pulled immediately, and the seller has also begun site planning for an alternative surfaced parking design concept with 54 units.
The property is positioned in the heart of Mesa within an Innovation District where leading institutions and companies cluster alongside start-ups and incubators. The area is described as transit-accessible and includes mixed-use housing, office, and retail. The remarks also highlight the nearby ASU Sidney Poitier New American Film School, including its ground-floor exhibition gallery, screening theaters, and social café.
For this site, the primary offering is a fully approved, ready-to-proceed development plan for 94 units, with additional site planning started for a 54-unit surfaced parking concept intended to support affordable housing, student housing, or assisted living.
The property is positioned in the heart of Mesa within an Innovation District where leading institutions and companies cluster alongside start-ups and incubators. The area is described as transit-accessible and includes mixed-use housing, office, and retail. The remarks also highlight the nearby ASU Sidney Poitier New American Film School, including its ground-floor exhibition gallery, screening theaters, and social café.
For this site, the primary offering is a fully approved, ready-to-proceed development plan for 94 units, with additional site planning started for a 54-unit surfaced parking concept intended to support affordable housing, student housing, or assisted living.
Key Highlights
- 94‑unit shovel‑ready development opportunity at 17, 31 & 37 West University in Mesa’s Downtown Innovation District and Opportunity Zone
- Approved unit mix: 46 one‑bedroom / 1.5‑bath units and 48 two‑bedroom / two‑bath units
- Ready to proceed—buyer can pull permits immediately (fully permitted project)
Property Analytics
Property Profile
Current Use
Lease Details
94
Residential units
Location Intelligence
Trade Area within ½ mile
1,644
Businesses Nearby
Explore this area
Business Placement
Demographics for 85201, AZ
51,187
Population
23,099
Households
2.2
Avg Household Size
33
Median Age
27%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
5,445
Density / Sq Mi
$63,725
Median Household Income
$40,067
Median Earnings
$1,349
Median Rent
$292,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready development site with approved plans for 94 apartments in Mesa’s Downtown Innovation District and Opportunity Zone.
Where is this residential land & home lot located?
The property is located at 17 W University Dr Mesa, AZ.
What are key features of this property?
This property features: 94‑unit shovel‑ready development opportunity at 17, 31 & 37 West University in Mesa’s Downtown Innovation District and Opportunity Zone; Approved unit mix: 46 one‑bedroom / 1.5‑bath units and 48 two‑bedroom / two‑bath units; Ready to proceed—buyer can pull permits immediately (fully permitted project)
