Property profile

5349 E Main St Mesa, AZ 85205

FOR LEASE
Commercial land
Property ID
US07-2521776
0.95 ac lot
Individually Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of commercial land with site plan approval for development of a drive-thru restaurant. The site includes a large parking field, 243 feet of frontage on Main Street, and three driveway/access points from Main Street. It is positioned on a roadway with reported daily traffic of approximately 18,000 vehicles and a bidirectional traffic count of approximately 35,382. The land is configured for ground-leased use, with development options described as build-to-suit or ground lease, and support for construction of a drive-thru building.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.95 ac (41,221 SF)
Zoning code GC
APN 141-51-297
UPID US07-2521776

Cap rate & NOI

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

Location

5349 E Main St Mesa, AZ 85205
Mesa metro Census 422625 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2022
Last sale
$210,000
3 recorded transactions
2022
$210,000
2017
Price N/A
2015
$450,000

Zoning & alternative use

GC · Mesa, AZ
Zoning description

se or display plants, shall not exceed 10,000 square feet. 3. Items displayed outdoors are limited to plants, soils, gravel, soil amendments and fertilizer. 4. Development standards shall comply with requirements of the…

General category COMMERCIAL

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
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