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    345 Shouse Mesa, AZ 85204-2455
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    Property profile & analytics

    345 Shouse Mesa, AZ 85204-2455


    • Commercial land
    • 0.94 lot acres
    Off-Market
    Property ID
    US07-0860660
    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

    • Commercial land

    Property Details for 345 Shouse

    Lot size
    0.94 lot acres
    Zone code
    RM-3
    Property type
    Commercial land
    APN
    138-02-115D
    APU
    13802115D

    Description

    This exceptional investment opportunity presents a 0.94-acre parcel in Mesa, Arizona, with approved zoning for a 15-unit multifamily development. The property, located at 345 S Shouse St, 85204, boasts a total of 40,985 square feet and is zoned RM-3, City of Mesa. Previously proposed plans included two two-story buildings comprising eleven three-bedroom units averaging 1,624 square feet and four two-bedroom units averaging 1,447 square feet, totaling 34,099 square feet of living space. Ample parking is provided with 38 spaces, including 15 two-car garages, two compact spaces, one ADA-accessible van space, and three guest spaces. The property's strategic location in the Mesa east submarket offers convenient access to major transportation arteries, including Highway 60 (1.8 miles north), Highway 87 (Country Club Rd, 3.3 miles east), and the Loop 202 South Mountain Freeway (less than 10 miles north). Its proximity to Arizona State University (12 miles west), with its substantial student population (140,759 in 2022), presents a strong potential for rental demand. The asking price is $778,715, translating to $19 per square foot. Buyers are responsible for verifying current zoning requirements and building codes. This is a remarkable chance to acquire a well-situated parcel with significant development potential in a thriving Arizona market. The Maricopa County APN is 138-02-115D.


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    Location Insight

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    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.79
    Latitude
    33.4089
    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
    $1,852
    $0.00
    $0.00
    $35,685
    -
    $237,900
    $0.00
    $237,900
    More about this property
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