420 Ellsworth Rd Swc Broadway Rd & Ellsworth Rd Mesa, AZ 85208
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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