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    5223-5257 Higley Rd Mesa, AZ 85205

    For Lease
    Contact for pricing

    Mesa Retail Space - High Visibility

    Lot size:
    37,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Alta Mesa Plaza, a prime retail center located in Mesa, Arizona, presents a fantastic opportunity for businesses seeking high-visibility space. This multi-tenant property, situated at 5223-5257 E Brown Rd & 1115 N Higley Rd, boasts a total of 37,492 square feet, with 5,101 square feet currently available. Built in 1987, the center is zoned C-G by the City of Mesa and is situated within the West Phoenix/Maryvale Ret submarket in Maricopa County. The property's address is conveniently located in the 85205 zip code. Its strategic location offers excellent visibility and accessibility for customers. The available space is ideal for a variety of retail uses, providing ample room for expansion and growth. The property's parcel numbers are 141-47-978 and 141-47-973. This established center offers a strong foundation for any business looking to establish or expand its presence in a thriving Mesa neighborhood. The property's location within a well-established commercial area ensures high foot traffic and excellent exposure to potential customers. This is a rare opportunity to secure a prominent retail space in a desirable location. The property's size and layout offer flexibility for various retail concepts. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 5223-5257 Higley Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,492 SF

    Building Details

    Year Built
    1987

    Unit(s) available at that property

    Space
    1115 N Higley Rd, Ste 107
    Size
    5,101 SF

    HighLights

    • Monument signage available.
    • Great visibility.
    • High traffic location: E Brown Rd (±17,896 VPD) & N Higley Rd (±22,168 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Electrical Service Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7185994
    Latitude
    33.4373517

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    FAQs

    What type of property is this?
    Individual retail property - Mesa Retail Space - High Visibility
    Where is this individual retail property located?
    The property is located at 5223-5257 Higley Rd Mesa, AZ.
    What are key features of this property?
    This property features: Monument signage available.; Great visibility.; High traffic location: E Brown Rd (±17,896 VPD) & N Higley Rd (±22,168 VPD).
    Request Owner's contact information
    5223-5257 Higley Rd 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
    5223-5257 Higley Rd Mesa, AZ 85205
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