5305 E Thomas Rd, Mesa, AZ 85215

10.28 ac lot

Entity Owned 5-yr Hold Absentee Owner Free & Clear

Property ID

US07-1268634

$6,500,000

5305 E Thomas Rd, Mesa, AZ 85215
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This exceptional investment opportunity presents a fully entitled, shovel-ready project for the development of a 640-unit RV and boat storage facility. Located in Mesa, Arizona, at 5305 E Thomas Rd, 85215, this prime 609,840 square foot site boasts an 8.30% capitalization rate and an asking price of $6,500,000. Its strategic location near the Loop 202 Freeway at Higley Rd, a full diamond interchange with over 60,000 vehicles per day, ensures high visibility and accessibility. The property benefits from proximity to major employers such as Boeing, Amazon, and Northrop Grumman, as well as popular recreational areas including Usery Mountain, Salt River, and several lakes. Furthermore, its convenient location near Superstition Springs Center caters to the high demand for storage solutions in this rapidly growing area. This is a rare chance to acquire a fully permitted project ready for immediate development, capitalizing on the robust East Mesa market and its strong potential for significant returns. The property is classified as Industrial, Land, and Self Storage, offering a diverse range of investment possibilities. This is a truly exceptional opportunity for investors seeking a high-yield, low-risk investment in a prime location.