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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Loop 202 & Elliot Rd Mesa, AZ 85212

0.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.9-acre vacant commercial land parcel presents a unique investment opportunity in Mesa, Arizona. Strategically located at the northeast corner of Loop 202 and Elliot Road, this property benefits from convenient access to the Santan Freeway and enjoys high visibility along a heavily trafficked arterial road. The site is part of Mesa's Elliot Road Technology Corridor, a designated "Smart location" attracting high-tech manufacturers and data centers, including notable companies like Apple, Niagara Bottling, and EdgeCore. Over 1,000 acres of shovel-ready land further supports this thriving area's growth potential. The property's location is surrounded by robust residential growth, with significant developments such as Eastmark (up to 12,000 homes), Cadence (1,500 homes), and the recently approved Hawes Crossing (1,100-acre mixed-use project) adding to the strong demand for retail services. D.R. Horton's recent acquisition of 2,800 acres nearby further underscores the area's development momentum. The surrounding area boasts a strong median household income exceeding $102,673 within a 3-mile radius, indicating a substantial consumer base for retail businesses. The property is zoned LC, City of Mesa, and is ready for development, making it an ideal location for a variety of retail uses. This prime location offers unparalleled access to a large and affluent population, making it an exceptional investment opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.9 ac (39,204 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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