Loop 202 & Elliot Rd Mesa, AZ 85212
- Retail properties
- 0.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Loop 202 & Elliot Rd
- Lot size
- 0.90 lot acres
- Property type
- Retail properties
Description
This exceptional 0.9-acre retail property boasts a highly desirable location at the northeast corner of Loop 202 and Elliot Road in Mesa, Arizona, zip code 85212. Situated within Maricopa County and zoned LC, City of Mesa, this site offers unparalleled access to the Santan Freeway and benefits from significant improvements along the heavily trafficked Elliot Road arterial. This provides quick and convenient access to thriving nearby communities including Eastmark, Stratford Estates, and Highland Ridge. The property is strategically located within Mesa's "Smart Location" Elliot Road Technology Corridor, a hub for high-tech manufacturers and data centers, encompassing over 1,000 acres of development-ready land and home to prominent companies such as Apple, Niagara Bottling, and EdgeCore. The area experiences robust residential growth, with Eastmark's continued expansion to include up to 12,000 homes upon completion, and Cadence adding another 1,500 single-family homes. Further fueling this growth, D.R. Horton recently acquired 2,800 acres at Meridian and Elliot Road, and Mesa approved the 1,100-acre mixed-use Hawes Crossing project. This strong residential growth is supported by a robust median household income exceeding $102,673 within a three-mile radius, creating a significant consumer base for retail businesses. This presents a unique investment opportunity in a rapidly expanding and affluent area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.647
- Latitude
- 33.3922
