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    420 Ellsworth Rd Swc Broadway Rd & Ellsworth Rd Mesa, AZ 85208

    For Sale
    Contact for pricing

    High-traffic corner lot, ideal for retail.

    Property size:
    26,538 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.61-acre commercial pad, located at the southwest corner of Ellsworth and Broadway Roads in Mesa, Arizona (APN 218-45-932), offers +/- 26,538 square feet of development potential. Situated on a major intersection with excellent visibility and access to the Red Mountain (202) Freeway, this property boasts a prime location opposite a grocery-anchored shopping center featuring Fry's Groceries and Circle K. A newly constructed Jack 'n' Box is immediately adjacent. The site is zoned C-2 by Maricopa County and already has concept site plan approval for a drive-thru. This presents a unique opportunity for ground lease or build-to-suit development, offering flexible terms to suit your needs. The area is densely populated, with over 130,000 residents and average household incomes exceeding $73,000 within a 3-mile radius. Proximity to Skyline High School (202 faculty, 2,451 students) further enhances the location's appeal. The property's strategic location near a full-diamond interchange on the Red Mountain Freeway ensures high traffic counts and convenient access. Nearby businesses include CVS, further solidifying the area's commercial viability. This is an exceptional opportunity to establish a thriving retail presence in a high-demand location.

    Property Features for 420 Ellsworth Rd Swc Broadway Rd & Ellsworth Rd

    General Information

    Property type
    Retail properties
    Square Feet
    26,538 SF
    Lot Size
    26,572 SF

    HighLights

    • C‑2 zoning, Maricopa County.
    • High‑density population area; over 130,000 residents within 3 miles, average household income exceeding $73,000.
    • Less than 0.5 miles from Red Mountain Freeway (SR 202) with full diamond interchange.
    • Excellent location near Skyline High School (202 faculty, 2,451 students).
    • Strong retail synergy at the intersection with Jack in the Box, Fry's Marketplace (including Starbucks and Bank of America), Circle K, and CVS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6328228304
    Latitude
    33.407286419618

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot, ideal for retail.
    Where is this retail property located?
    The property is located at 420 Ellsworth Rd Swc Broadway Rd & Ellsworth Rd Mesa, AZ.
    What are key features of this property?
    This property features: C-2 zoning, Maricopa County.; High-density population area; over 130,000 residents within 3 miles, average household income exceeding $73,000.; Less than 0.5 miles from Red Mountain Freeway (SR 202) with full diamond interchange.
    Request Owner's contact information
    420 Ellsworth Rd Swc Broadway Rd & Ellsworth Rd Mesa, AZ 85208
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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
    420 Ellsworth Rd Swc Broadway Rd & Ellsworth Rd Mesa, AZ 85208
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