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    1906 Higley Rd Mesa, AZ 85205-3306

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    1906 Higley Rd Mesa, AZ 85205-3306


    • Retail space
    • 3,450 SF
    • 0.49 lot acres
    Off-Market
    Last Sale Jun 3, 2025
    $735,000
    Property ID
    US07-0589767
    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.

    Value Estimations
    $785,000
    Show details
    Cap Rate Potential
    4.3%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Dande CRE / Construction Company / General Contractor
    • The Elite Concrete Team / Construction Company / General Contractor
    • ChangeSync / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 1906 Higley Rd

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    0.49 lot acres
    Property size
    3,450 SF
    Zone code
    I-1
    Property type
    Retail space
    APN
    141-35-048
    APU
    14135048

    Description

    This exceptional 3,750 square foot office building, located at 1906 N Higley Rd in Mesa, Arizona (zip code 85205, Maricopa County), presents a lucrative investment opportunity. Built in 2006 and extensively renovated in 2023, this single-story building boasts a modern design and high-quality finishes. The property is zoned L1 and features nine individual units, currently operating at 65% occupancy. The asking price is $1,150,000, translating to a price per square foot of $360. The net rentable area is 3,750 square feet, spread across a single building. The current owner occupies approximately 2,000 square feet, utilizing the space for their real estate and software businesses. Convenient amenities for tenants include a shared conference room and a common kitchen area equipped with a refrigerator and microwave. This property offers a blend of established tenancy and potential for increased revenue through lease-up of the vacant units. The property's strategic location in Mesa, Arizona, ensures easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, high-performing office building in a desirable market. The APN is 141-35-048.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $705,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,033,000
      Market price range: $418k - $1.59M
      AI Estimate
      $1,032,000
      Market price range: $418k - $1.59M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $905,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,075,000
      Change: +19% Conversion: Moderate
      MEDICAL BUILDING
      $905,000
      Change: -0% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.719
    Latitude
    33.4503
    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
    2023
    $8,667
    $0.00
    $0.00
    $131,185
    -
    $269,800
    $525,263
    $795,063
    More about this property
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