4049 Main St Mesa, AZ 85205
- Retail properties
- 1.95 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4049 Main St
- Lot size
- 1.95 lot acres
- Zone code
- LC
- Property type
- Retail properties
- APN
- 140-30-005L
- APU
- 14030005L
Description
This exceptional 4.32-acre commercial property in Mesa, Arizona, presents a unique multi-faceted development opportunity. Located at 4049 E Main St, 85205, this site boasts a total of 41,000 square feet and is zoned Limited Commercial (LC), permitting 25 units per acre with a Conditional Use Permit (CUP). The property is fully entitled for a 20,000 square foot firearms range and a 21,000 square foot retail building, complete with a drive-thru. All architectural plans and site work have received city approval, and construction permits are readily available. The strategic location along Main Street, near Greenfield Road, benefits from a strong daytime population within a three-mile radius and is situated near automotive services. A planned multi-residential development across the street further enhances the property's potential. The land value is $16 per square foot, and the asking price for this prime development opportunity is $3,015,760. The property's APN is 140-30-005L & 005M. This is a rare chance to acquire a fully approved, ready-to-build commercial and multifamily development site in a high-demand area. Don't miss this chance to capitalize on this exceptional investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $565,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $565,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $615,000
- Geo Method
- $635,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $625,000
- Retail
- $640,000
- Mixed-Use
- $465,000
- Hospitality
- $605,000
- Educational
- $555,000
- Residential Income
- $640,000
- Energy
- $515,000
- Income-Based Land
- $640,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.744
- Latitude
- 33.4149
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA