1961 E University Dr Mesa, AZ 85203
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-G · Mesa, AZMesa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.