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    Signal Butte Rd & Southern Ave Mesa, AZ 85209
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    Signal Butte Rd & Southern Ave, Mesa, AZ 85209

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    • Retail properties & Spaces
    • 81,618 SF
    • 1.87 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Signal Butte Rd & Southern Ave

    Lot size
    1.87 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Mixed-use properties

    Description

    This exceptional 1.87-acre commercial property in Mesa, Arizona, offers 81,618 square feet of development potential. Located at the intersection of Signal Butte Road and Southern Avenue, this site boasts unparalleled visibility and accessibility. The property is zoned LC-PAD, allowing for a variety of retail and mixed-use developments. Its strategic location is a key advantage, situated adjacent to a brand-new Sprouts shopping center averaging over 38,000 monthly visitors and across the street from The Shoppes at Parkwood Ranch, a Hobby Lobby-anchored center attracting over 63,000 monthly visitors. This high-traffic area benefits from a strong daytime population exceeding 86,000 within a three-mile radius, with a significant portion employed in healthcare, consumer services, and education. Nearby anchors include Mountain Vista Medical Center (700+ employees, 178 beds) and Skyline High School (2,451 students, 202 faculty/staff). The area's projected growth is substantial, with the population within three miles expected to increase to over 104,000 by 2025. Furthermore, the property is part of the planned Mountain Vista Mixed-use Development, slated to include over 130,000 square feet of commercial space, a four-story hotel, and a 300-unit residential development. This presents a unique opportunity to capitalize on the existing high traffic and the future growth potential of this thriving area. The property offers great visibility along Southern Avenue with full site access. The price per square foot is $17.50.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.601
    Latitude
    33.3806
    More about this property
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