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    4049 Main St Mesa, AZ 85205

    Sponsored
    For Sale
    $3,015,760

    4.32 Acres, 41,000 SF, 25 Units

    Property size:
    41,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.32-acre commercial property in Mesa, Arizona, presents a unique multi-faceted development opportunity. Located at 4049 E Main St, 85205, this site boasts a total of 41,000 square feet and is zoned Limited Commercial (LC), permitting 25 units per acre with a Conditional Use Permit (CUP). The property is fully entitled for a 20,000 square foot firearms range and a 21,000 square foot retail building, complete with a drive-thru. All architectural plans and site work have received city approval, and construction permits are readily available. The strategic location along Main Street, near Greenfield Road, benefits from a strong daytime population within a three-mile radius and is situated near automotive services. A planned multi-residential development across the street further enhances the property's potential. The land value is $16 per square foot, and the asking price for this prime development opportunity is $3,015,760. The property's APN is 140-30-005L & 005M. This is a rare chance to acquire a fully approved, ready-to-build commercial and multifamily development site in a high-demand area. Don't miss this chance to capitalize on this exceptional investment.

    Property Features for 4049 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    41,000 SF
    Lot Size
    188,179 SF

    Building Details

    Units
    25

    HighLights

    • $3,015,760 asking price for a 4.32‑acre parcel.
    • 41,000 square feet, 25‑unit multifamily/retail property.
    • Located at 4049 E Main St, Mesa, AZ 85205, with APN 140‑30‑005L & 005M.
    • Fully entitled for a 20,000 SF firearms range and 21,000 SF of retail with a drive‑thru.
    • Zoned LC, allowing 25 units per acre with a Conditional Use Permit (CUP).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7256936
    Latitude
    33.4335164

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    FAQs

    What type of property is this?
    Multifamily property - 4.32 Acres, 41,000 SF, 25 Units
    Where is this multifamily property located?
    The property is located at 4049 Main St Mesa, AZ.
    What is the asking price?
    The asking price for this property is $3,015,760.
    What are key features of this property?
    This property features: $3,015,760 asking price for a 4.32-acre parcel.; 41,000 square feet, 25-unit multifamily/retail property.; Located at 4049 E Main St, Mesa, AZ 85205, with APN 140-30-005L & 005M.
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    Mesa, AZ 85205
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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
    4049 Main St Mesa, AZ 85205
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