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    1940 University Dr Mesa, AZ 85203-8234
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    Property profile & analytics

    1940 University Dr, Mesa, AZ 85203-8234

    View on Map

    • Strip malls
    • 7,802 SF
    • 0.78 lot acres
    Off-Market
    Last Sale Aug 10, 2022
    $7,000,000
    Property ID
    US07-0397941
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kathys Native Pottery and Jewlery / Big Box & Wholesale Store
    • Garcia's Mexican Restaurant / Restaurant
    • Brook View Apartments, Mesa / Apartment Building
    • Buenas Riverview / Apartment Building
    • Transpacific Asset Management / Property Management Company

    Property Details for 1940 University Dr

    Year built
    2004
    Construction
    CONCRETE
    Lot size
    0.78 lot acres
    Zone code
    LC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    137-01-221
    APU
    13701221

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 10, 2022 $7,000,000 Riviera Plaza LLC 1900 Univ Az LLC Special Warranty Deed —
    Sep 1, 2011 — 1900 Univ Az LLC Nv Realty Auction LLC Quit Claim Deed · related —
    Sep 1, 2011 $2,535,000 Nv Realty Auction LLC Pitcher,jeffrey S Trustees Deed —
    Nov 9, 2004 — Riv Salt Project Salt Riv Project Agricultural Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.789
    Latitude
    33.4231
    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
    $30,905
    $0.00
    $0.00
    $391,168
    -
    $630,000
    $1,740,713
    $2,370,713

    Property Visit Statistics

    • Visits by month
      14.7k
    • Visitors by month
      11.9k
    • Avg Time on site
      15 min
    More about this property
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