0 Cor Of Elliot Rd And Power Rd Mesa, AZ 85212
This exceptional 12-acre parcel presents a unique opportunity for retail development in the thriving Gilbert, Arizona market. Situated at the southeast corner of Elliot Road and Power Road in Maricopa County, this single-tenant property boasts a highly visible location with significant traffic flow. The property is currently vacant and offers unparalleled flexibility for a variety of retail uses, including anchor stores, shops, and pad sites. With a total building square footage of 1 square foot, this land presents a blank canvas for a new construction project tailored to specific retail needs. The expansive lot size provides ample space for substantial development, accommodating large-scale retail ventures or a collection of smaller businesses. The property's strategic location within the rapidly growing Gilbert area ensures high visibility and accessibility for potential customers. This prime retail land offers an exceptional investment opportunity for developers seeking to capitalize on the robust economic growth and increasing population density of this desirable Arizona location. The zip code is 85212. This is a single-tenant property. The property type is retail and land. The property is located in Mesa, Arizona.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.