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Property profile & analytics

1961 University Dr Mesa, AZ 85203

  • Commercial land
  • 97 SF
  • 0.40 lot acres
Value Estimation
Last Sale
Dec 27, 2022
$3,177,500
Location Intelligence
Property ID
US07-2960873
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 1961 University Dr

Year built
1978
Construction
STEEL FRAME
Lot size
0.40 lot acres
Property size
97 SF
Zone code
C-G
Property type
Commercial land
APN
138-68-001T
APU
13868001T

Description

This exceptional 0.39-acre commercial land parcel is strategically located at 1961 E University Dr in Mesa, Arizona, within Maricopa County. Zoned for commercial use (specific zoning details to be verified by the buyer), this single-tenant site presents a unique opportunity for developers and investors seeking a prime location for various commercial ventures. The property's address is easily accessible from University Drive, offering excellent visibility and convenient access for customers and employees. The 0.39-acre lot provides ample space for a variety of development possibilities, allowing for flexibility in design and construction. Given its location in a thriving area of Mesa, this property is expected to attract significant interest from businesses seeking a high-traffic location. Prospective buyers are encouraged to conduct their own due diligence to confirm zoning regulations, utility availability, and other relevant factors before making a purchase decision. The property is currently available for lease, offering a compelling investment opportunity in a rapidly growing market. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a well-positioned commercial land parcel in a desirable area of Mesa, Arizona.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Mesa
County
Maricopa
State
Arizona
Longitude
-111.789
Latitude
33.4222
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,015
$0.00
$0.00
$53,865
-
$359,100
$0.00
$359,100
More about this property
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