0 Loop 202 & Elliot Rd Mesa, AZ 85212
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.