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2820 Broadway Rd Mesa, AZ 85204-1703

OFF-MARKET Retail space Google Maps
6,656 SF 1.06 ac lot Built 1998
Entity Owned Free & Clear
Estimated value (blended)
$300k
Range $270k – $330k (±10%)
Property ID US07-3282408

Property summary

AI-generated overview

This exceptional commercial retail building, located at 2820 E Broadway Road in Mesa, Arizona, presents a unique investment opportunity. Boasting approximately 6,650 square feet of space on a 1.06-acre lot, this standalone structure offers significant potential for a variety of commercial uses. Built in 1998 and well-maintained, the building features a large open room, a kitchen, a small office, and two restrooms. High vaulted ceilings provide flexibility for customization and adaptation to diverse business needs. The property is conveniently situated on the northeast corner of East Broadway Road and South Lindsay Road, providing approximately 185 feet of frontage on East Broadway Road, ensuring high visibility and accessibility. Ample parking is available on the expansive lot. The property's location offers easy access to major transportation arteries, including Highway 60 (approximately 1.5 miles), Loop 202 (approximately 5.5 miles), and downtown Mesa (approximately 9.5 miles). The current C-G zoning allows for a wide range of commercial uses, making this a versatile option for owner-operators or investors seeking a turnkey solution or a blank canvas for tenant placement. The property will be delivered vacant at closing. The seller is open to considering seller financing for qualified buyers. The property is being sold in "as-is" condition.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Construction STEEL FRAME
Total area 6,656 SF
Lot 1.06 ac (46,003 SF)
Zoning code C-G
APN 140-27-022D
UPID US07-3282408

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$300k

Owner & transaction history

since 2026
Last sale
$1.3M
7 recorded transactions
2026
$2.4M
2025
$1.3M
2013
$300,000
2005
$1.4M
1998
$1.0M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-G · Mesa, AZ
Top alternative use upside
Neighborhood: shopping center $2.1M +18.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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