77 University Dr Mesa, AZ 85201
- Commercial real estate
- 0.20 lot acres
Current Use by Public Records
- Schmidt Westergard / Tax Consultant / Tax Preparation Service
- BKD, LLP / Accounting Firm
- FORVIS, LLP / Accounting Firm
- Westergard Lynn C CPA / Accountant / Financial Consultant
Property Details for 77 University Dr
- Lot size
- 0.20 lot acres
- Zone code
- DB-1
- Property type
- Commercial real estate
- APN
- 138-59-031
- APU
- 13859031
Description
This exceptional 10,626-square-foot executive office building in Mesa, Arizona, is offered at $2,250,000 ($211.74 per square foot). Situated on a 0.71-acre lot at 77 W University Dr, this Class B building, constructed in 1979, boasts a prime location with high visibility on University Drive, experiencing nearly 25,000 vehicles daily. The property features a well-appointed interior including a reception area, private offices, conference rooms, and restrooms. Ample dedicated parking is available, including covered spaces. The DB-1 zoning allows for diverse uses within Mesa's Downtown Business District 1. Its proximity to Historic Downtown Mesa, Mesa Riverview, and Tempe Marketplace, coupled with easy access to Loop 101, Loop 202, and US 60, provides unparalleled convenience. This freestanding building presents a significant investment opportunity, further enhanced by its location within a Qualified Opportunity Zone, offering attractive tax incentives for buyers and investors. Monument signage is available, maximizing brand visibility.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.833
- Latitude
- 33.422
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
