Land with Approved 60-Unit
For Sale
$3,000,000
155 West 2nd Avenue, Mesa, AZ 85210
Approved preliminary plans for a 3-story, 60-unit residential development on land in Mesa’s Opportunity Zone.
Property Size67,757 SF
Price / SF$44.28
Days on Market135
Property Features for 155 West 2nd Avenue
General Information
Standard status
Active
Size
67,757 SF
Property subtype
Land
Zoning
DR-3, MESA
Additional Details
Opportunity Zone
Yes
Multifamily Units
60
Taxes and HOA fees
Annual Taxes
$312
Amenities
Brick, Chain Link
3
See Remarks, Shed(s), Residence, Warehouse
Building Details
Stories
3
Listing Agency:
ABI Multifamily
(602) 281-6202
Listed By:
Natan Jacobs · License #BR525576000
(602) 281-6202
Source:
Compass
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 16 at 6:00AM
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
Investment Insights
Based on property information with market context.
This offering is for a land parcel with approved preliminary site and architectural plans for a 3-story modern residential development consisting of 60 units. The plan includes 42 two-bedroom/two-bath units and 18 one-bedroom/one-bath units, with unit sizes averaging about 740 square feet. The concept design features a courtyard, pool, turf areas, BBQs, and covered parking.
Located at 155 West 2nd Avenue in Mesa, the property is described as being in a certified Opportunity Zone / Qualified Census Tract. The remarks also indicate a transit-oriented setting, with walk times of approximately 3 minutes to bus service, 6 minutes to Light Rail, and about 10 minutes to Sky Harbor Airport. The parcel is positioned within walking distance of dining and Mesa Arts Center.
For buyers or developers looking to move forward with a multifamily project, the approved plans provide a ready-to-build framework that can be customized. The unit mix supports both two-bedroom and one-bedroom demand, while the proposed resident amenities and covered parking are designed to enhance livability in a dense, urban infill environment.
Located at 155 West 2nd Avenue in Mesa, the property is described as being in a certified Opportunity Zone / Qualified Census Tract. The remarks also indicate a transit-oriented setting, with walk times of approximately 3 minutes to bus service, 6 minutes to Light Rail, and about 10 minutes to Sky Harbor Airport. The parcel is positioned within walking distance of dining and Mesa Arts Center.
For buyers or developers looking to move forward with a multifamily project, the approved plans provide a ready-to-build framework that can be customized. The unit mix supports both two-bedroom and one-bedroom demand, while the proposed resident amenities and covered parking are designed to enhance livability in a dense, urban infill environment.
Key Highlights
- Approved preliminary site and architectural plans for a 3‑story, 60‑unit residential development in Mesa’s Opportunity Zone/Qualified Census Tract.
- Planned unit mix: 42 units with 2BR/2BA and 18 units with 1BR/1BA, averaging about 740 SF.
- Other structures on‑site include a residence and warehouse, plus shed(s); fencing includes brick and chain link.
Property Analytics
Property Profile
Current Use
Lease Details
60
Residential units
Location Intelligence
Trade Area within ½ mile
1,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 85210, AZ
40,351
Population
16,292
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
84%
High-School Grad
6.7 sq mi
ZIP Area
6,023
Density / Sq Mi
$59,680
Median Household Income
$38,479
Median Earnings
$1,383
Median Rent
$301,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved preliminary plans for a 3-story, 60-unit residential development on land in Mesa’s Opportunity Zone.
Where is this residential land & home lot located?
The property is located at 155 West 2nd Avenue Mesa, AZ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Approved preliminary site and architectural plans for a 3‑story, 60‑unit residential development in Mesa’s Opportunity Zone/Qualified Census Tract.; Planned unit mix: 42 units with 2BR/2BA and 18 units with 1BR/1BA, averaging about 740 SF.; Other structures on‑site include a residence and warehouse, plus shed(s); fencing includes brick and chain link.
