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    Cor Of Elliot Rd And Power Rd Mesa, AZ 85212

    For Lease
    Contact for pricing

    12 Acres, Prime Retail Location

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 12-acre parcel presents a unique opportunity for retail development in the thriving Gilbert, Arizona market. Situated at the southeast corner of Elliot Road and Power Road in Maricopa County, this single-tenant property boasts a highly visible location with significant traffic flow. The property is currently vacant and offers unparalleled flexibility for a variety of retail uses, including anchor stores, shops, and pad sites. With a total building square footage of 1 square foot, this land presents a blank canvas for a new construction project tailored to specific retail needs. The expansive lot size provides ample space for substantial development, accommodating large-scale retail ventures or a collection of smaller businesses. The property's strategic location within the rapidly growing Gilbert area ensures high visibility and accessibility for potential customers. This prime retail land offers an exceptional investment opportunity for developers seeking to capitalize on the robust economic growth and increasing population density of this desirable Arizona location. The zip code is 85212. This is a single-tenant property. The property type is retail and land. The property is located in Mesa, Arizona.

    Property Features for 0 Cor Of Elliot Rd And Power Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 12‑acre retail land parcel available for anchor tenants, shops, and pad sites.
    • Excellent freeway access via US‑60 and Loop 202 (under 2 miles).
    • Adjacent to Fry's Marketplace.
    • Located within the highly desirable Morrison Ranch community (5,000+ homes, with new construction).
    • Directly across from a 4.1 million square foot, 300‑acre mixed‑use development (The Ranch).
    • Situated in one of Gilbert/Mesa's fastest‑growing corridors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6874303
    Latitude
    33.3505594

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    FAQs

    What type of property is this?
    Land - 12 Acres, Prime Retail Location
    Where is this land located?
    The property is located at Cor Of Elliot Rd And Power Rd Mesa, AZ.
    What are key features of this property?
    This property features: 12-acre retail land parcel available for anchor tenants, shops, and pad sites.; Excellent freeway access via US-60 and Loop 202 (under 2 miles).; Adjacent to Fry's Marketplace.
    Request Owner's contact information
    Cor Of Elliot Rd And Power Rd 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
    Cor Of Elliot Rd And Power Rd Mesa, AZ 85212
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