You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Commercial land

1961 E University Dr Mesa, AZ 85203

97 SF 0.4 ac lot Built 1978
Entity Owned 3-yr Hold Free & Clear
Property ID
US07-2960873
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1978
Construction STEEL FRAME
Total area 97 SF
Lot 0.4 ac (17,342 SF)
Zoning code C-G
APN 138-68-001T
UPID US07-2960873
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
West Coast Investments INC · 3 yrs held
West Coast Investments INC
since 2022
Last sale
$3.2M
6 recorded transactions
2022
$3.2M
2015
Price N/A
2014
$300,000
2008
$575,000
2005
$320,000
2004
$391,563
Zoning & alternative use
C-G · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message