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    5215 Southern Ave Mesa, AZ 85206

    Sponsored
    For Sale
    $4,697,550

    9,490 SF Medical Office - Vacant

    Property size:
    9,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,490-square-foot medical office building, constructed in 2021, presents a compelling owner-user opportunity in Mesa, Arizona. Located at 5215 E Southern Avenue, this Class B property boasts a prime location at the southeast corner of Higley Road and Southern Avenue, a high-traffic area with approximately 40,000 vehicles per day. The building sits on a 0.99-acre lot and features 45 parking spaces, ensuring ample convenience for patients and staff. The property is zoned LC - City of Mesa and offers excellent visibility with significant signage opportunities along Southern Avenue. Its proximity to major retail centers like Superstition Springs Center, Greenfield Gateway Center, and Banner Gateway Medical Center further enhances its appeal. The building is currently vacant, providing a blank canvas for a new medical or dental practice. The asking price is $4,697,550, translating to $525 per square foot. This NNN-leased property offers a rare chance to establish a thriving practice in a high-demand location, with the added benefit of dental equipment available for separate purchase. The property's location is also conveniently situated just 0.5 miles from US 60, providing easy access for patients and staff. This is a turnkey opportunity for a medical or dental professional seeking a high-visibility, well-located space. The APN is 141-53-884.

    Property Features for 5215 Southern Ave

    General Information

    Property type
    Medical offices
    Square Feet
    9,490 SF
    Class
    B
    Lot Size
    43,124 SF

    Building Details

    Year Built
    2021

    HighLights

    • 9,490 SF freestanding medical/dental building.
    • New construction in Mesa, AZ, zoned LC.
    • High‑visibility location with signage opportunities on Southern Ave, boasting approximately 30,000 vehicles per day (VPD).
    • Excellent proximity to Superstition Springs Center, Greenfield Gateway Center, and Banner Gateway Medical Center; 0.5 mile from US 60.
    • Located at the southeast corner (SEC) of Higley Road and Southern Avenue, ideal for medical or dental practices.
    • Dental equipment available for separate purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apple Valley Dental ... Dentist Affordable Oral Surgery Oral Surgeon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7179759
    Latitude
    33.3932026

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    FAQs

    What type of property is this?
    Medical office - 9,490 SF Medical Office - Vacant
    Where is this medical office located?
    The property is located at 5215 Southern Ave Mesa, AZ.
    What is the asking price?
    The asking price for this property is $4,697,550.
    What are key features of this property?
    This property features: 9,490 SF freestanding medical/dental building.; New construction in Mesa, AZ, zoned LC.; High-visibility location with signage opportunities on Southern Ave, boasting approximately 30,000 vehicles per day (VPD).
    Request Owner's contact information
    5215 Southern Ave Mesa, AZ 85206
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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
    5215 Southern Ave Mesa, AZ 85206
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