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    8008 University Dr Mesa, AZ 85207
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    Property profile & analytics

    8008 University Dr Mesa, AZ 85207


    • Commercial land
    • 1.00 lot acres
    Off-Market
    Last Sale Apr 4, 2022
    $800,000
    Property ID
    US07-1610302
    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
    $800,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 8008 University Dr

    Lot size
    1.00 lot acres
    Zone code
    C-N
    Property type
    Commercial land
    APN
    218-08-100B
    APU
    21808100B

    Description

    This exceptional 3.01-acre commercial land parcel presents a remarkable investment opportunity in Mesa, Arizona. Situated on a highly visible hard corner at 8008 E University Dr, this property boasts exceptional access and visibility. The location is strategically positioned one mile west of the Loop 202 Red Mountain Freeway, ensuring convenient access to major transportation arteries. With a C-2 zoning designation by the City of Mesa, this site offers a wide range of development possibilities. The property's high traffic count is evidenced by University Drive's 17,644 vehicles per day and 80th Street's 6,563 vehicles per day (2022 data from MPSI). Furthermore, this location benefits from its proximity to 23 new housing developments within the trade area, indicating strong potential for future growth and demand. The property is also located in a designated HUD DDA under Internal Revenue Code Section 42. The asking price for this significant land holding is $1,600,000. The parcel includes APN numbers 218-08-100A & 218-08-100B. This is a rare opportunity to acquire a prime commercial site in a rapidly developing area of Mesa. Don't miss this chance to secure a valuable asset with significant long-term potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $815,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.658
    Latitude
    33.4229
    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
    $3,803
    $0.00
    $0.00
    $48,420
    -
    $322,800
    $0.00
    $322,800
    More about this property
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