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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Signal Butte Rd & Southern Ave Mesa, AZ 85209

81,618 SF 1.87 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.87-acre commercial property in Mesa, Arizona, presents a unique investment opportunity. Located at the southwest corner of Signal Butte Road and Southern Avenue, this mixed-use site boasts a total building area of 81,618 square feet, currently entirely vacant and ready for immediate development. The property is zoned LC-PAD, offering flexibility for a variety of retail uses. Its prime location offers unparalleled visibility and accessibility, situated adjacent to a brand new Sprouts shopping center averaging over 38,000 monthly visitors and directly across from The Shoppes at Parkwood Ranch, a Hobby Lobby-anchored center attracting over 63,000 monthly visitors. This ensures high foot traffic and strong consumer presence. The surrounding area demonstrates a robust daytime population, exceeding 86,000 individuals within a 3-mile radius. A significant portion of this population is employed in healthcare, consumer services, and education sectors, creating a substantial consumer base for retail businesses. This property offers an exceptional chance to capitalize on the thriving commercial landscape of Mesa, Arizona, with its high visibility, strong demographics, and proximity to established retail centers. The 81,618 square feet of vacant space provides ample room for a large-scale development or multiple smaller tenants. The 1.87-acre lot size allows for significant flexibility in design and development plans. This is a rare opportunity to acquire a high-potential retail property in a rapidly growing area. The property's location and surrounding amenities make it an ideal investment for developers and businesses seeking a strong foothold in the Mesa market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 81,618 SF
Lot 1.87 ac (81,457 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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