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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

420 Ellsworth Rd Swc Broadway Rd & Ellsworth Rd Mesa, AZ 85208

26,538 SF 0.61 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 26,538 SF
Lot 0.61 ac (26,572 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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