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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

420 Ellsworth Rd Mesa, AZ 85208

6.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.1-acre commercial property, located at 420 S Ellsworth Rd in Mesa, Arizona (zip code 85208), presents a fully entitled drive-thru pad opportunity. Boasting a 28,036 square foot lot size, this C2-Retail/Drive-Thru zoned parcel is ideally situated at the southwest corner of Broadway and Ellsworth Roads, benefiting from exceptional visibility and accessibility. The site enjoys high traffic counts, exceeding 50,000 vehicles daily, due to its proximity to the Loop 202 Broadway off-ramp. This strategic location is further enhanced by the Loop 202 realignment, making Broadway the sole full interchange for a 4.2-mile stretch between Guadalupe and University. The property includes 20 parking spaces and all necessary easements and entitlements, encompassing utilities, parking, and access. Comprehensive due diligence materials, including MCDOT and ADOT approvals, "Will Serve" letters from SRP, Cox, CenturyLink, Rural Metro, and other utility providers, geotechnical and soils reports, and traffic studies, are readily available. A successful public outreach campaign further supports this ready-to-build opportunity. APN: 21845932.

Property profile
Verified
Property type Retail properties & Spaces
Lot 6.1 ac (265,716 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
Current use
Occupant on record · Public records
  • East Mesa Crossroads Marketing & Advertising
  • Drive Thru Restaurant PAD Marketing & Advertising
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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