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    827 Grove Ave Mesa, AZ 85210

    For Sale
    Contact for pricing

    Prime Mesa flex space, ideal for lab or light industrial use.

    Property size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 70,000-square-foot flex space property, located at 827 W Grove Ave in Mesa, Arizona (zip code 85210), presents a unique investment opportunity. Situated on a generous 5.09-acre lot, this two-story building offers ample space for a variety of uses, making it perfect for businesses requiring both office and warehouse/lab space. The property boasts grade-level loading, significantly enhancing operational efficiency. Low net, net, net (NNN) costs contribute to a strong return on investment. The strategic location within Maricopa County provides easy access to the Southeast Valley's robust labor pool and desirable demographics. The property benefits from convenient access to major transportation arteries, with full diamond interchanges at US 60 and Alma School Road ensuring seamless commutes. Furthermore, the property's proximity to numerous restaurants offers employees a wide variety of dining options within walking distance. This property is for sale and represents a compelling opportunity for businesses seeking a well-located, versatile, and cost-effective space in a thriving Arizona market.

    Property Features for 827 Grove Ave

    General Information

    Property type
    Flex space
    Square Feet
    70,000 SF
    Lot Size
    221,720 SF

    HighLights

    • 70,000 SF two‑story building.
    • Suitable for lab or flex use.
    • Low triple‑net (NNN) expenses.
    • Excellent access to Southeast Valley workforce and demographics.
    • Grade‑level loading docks.
    • 5.09‑acre site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -111.8504308
    Latitude
    33.3898281

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    FAQs

    What type of property is this?
    Flex space - Prime Mesa flex space, ideal for lab or light industrial use.
    Where is this flex space located?
    The property is located at 827 Grove Ave Mesa, AZ.
    What are key features of this property?
    This property features: 70,000 SF two-story building.; Suitable for lab or flex use.; Low triple-net (NNN) expenses.
    Request Owner's contact information
    827 Grove Ave Mesa, AZ 85210
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    Mesa, AZ 85210
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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
    827 Grove Ave Mesa, AZ 85210
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